Everbridge Inc (NASDAQ:EVBG) SVP Elliot J. Mark sold 3,500 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $29.78, for a total value of $104,230.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Everbridge Inc (NASDAQ:EVBG) traded up $0.87 during trading on Friday, reaching $31.76. The company had a trading volume of 413,200 shares, compared to its average volume of 294,837. The stock has a market capitalization of $897.37 and a PE ratio of -52.93. Everbridge Inc has a 12 month low of $16.63 and a 12 month high of $31.93.
Everbridge (NASDAQ:EVBG) last posted its quarterly earnings data on Monday, November 6th. The technology company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $27.31 million during the quarter, compared to analysts’ expectations of $26.41 million. Everbridge had a negative return on equity of 29.44% and a negative net margin of 17.10%. Everbridge’s revenue for the quarter was up 37.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.07) earnings per share. equities analysts predict that Everbridge Inc will post -0.55 EPS for the current fiscal year.
A number of brokerages have recently issued reports on EVBG. Stifel Nicolaus reaffirmed a “buy” rating and set a $33.00 price target on shares of Everbridge in a report on Thursday. ValuEngine raised Everbridge from a “sell” rating to a “hold” rating in a report on Monday, September 18th. Northland Securities reaffirmed a “buy” rating and set a $33.00 price target on shares of Everbridge in a report on Friday, November 10th. William Blair reaffirmed a “buy” rating on shares of Everbridge in a report on Tuesday, December 26th. Finally, BidaskClub downgraded Everbridge from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company. Everbridge presently has an average rating of “Buy” and a consensus price target of $31.33.
Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Everbridge by 11.6% during the 1st quarter. Vanguard Group Inc. now owns 323,018 shares of the technology company’s stock worth $6,631,000 after purchasing an additional 33,665 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Everbridge by 124.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 62,472 shares of the technology company’s stock valued at $1,522,000 after purchasing an additional 34,636 shares during the period. Rhumbline Advisers acquired a new position in Everbridge during the 2nd quarter valued at about $452,000. Bank of New York Mellon Corp boosted its stake in Everbridge by 67.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 198,687 shares of the technology company’s stock valued at $4,840,000 after purchasing an additional 80,245 shares during the period. Finally, Legal & General Group Plc boosted its stake in Everbridge by 196.3% during the 2nd quarter. Legal & General Group Plc now owns 4,355 shares of the technology company’s stock valued at $107,000 after purchasing an additional 2,885 shares during the period. Institutional investors own 65.40% of the company’s stock.
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Everbridge Company Profile
Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.
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