UserTesting Inc (NYSE:USER) CEO Andrew Macmillan Sells 31,943 Shares

UserTesting Inc (NYSE:USERGet Rating) CEO Andrew Macmillan sold 31,943 shares of UserTesting stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $7.42, for a total transaction of $237,017.06. Following the transaction, the chief executive officer now directly owns 72,657 shares in the company, valued at $539,114.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

UserTesting Price Performance

Shares of UserTesting stock opened at $7.45 on Friday. The firm has a fifty day moving average price of $5.06 and a 200 day moving average price of $5.18. UserTesting Inc has a 1 year low of $3.31 and a 1 year high of $14.05.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Truist Financial lowered shares of UserTesting from a “buy” rating to a “hold” rating and cut their price objective for the company from $8.00 to $7.50 in a report on Friday, October 28th. Piper Sandler raised their target price on shares of UserTesting from $5.00 to $7.50 and gave the company an “overweight” rating in a research note on Thursday, October 27th. Robert W. Baird downgraded shares of UserTesting from an “outperform” rating to a “neutral” rating in a research note on Monday, November 14th. Needham & Company LLC downgraded shares of UserTesting from a “buy” rating to a “hold” rating in a research note on Thursday, October 27th. Finally, Morgan Stanley downgraded shares of UserTesting from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $8.50 to $4.50 in a research note on Wednesday, October 19th. Eight analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $9.32.

UserTesting Company Profile

(Get Rating)

UserTesting, Inc engages in the operation of a software-as-a-service (SaaS) platform that enables organizations to know experiences of people as they engage with products, designs, apps, processes, concepts, or brands in the United States, the United Kingdom, and internationally. Its platform captures customer perspectives from targeted audiences who share their thoughts for digital, real-world, or omnichannel experiences.

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Insider Buying and Selling by Quarter for UserTesting (NYSE:USER)

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