Everbridge, Inc. (NASDAQ:EVBG – Get Free Report) insider Bryan Reed Barney sold 730 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $28.11, for a total value of $20,520.30. Following the completion of the transaction, the insider now owns 17,491 shares in the company, valued at approximately $491,672.01. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Bryan Reed Barney also recently made the following trade(s):
- On Tuesday, January 2nd, Bryan Reed Barney sold 7,509 shares of Everbridge stock. The shares were sold at an average price of $23.52, for a total transaction of $176,611.68.
Everbridge Price Performance
NASDAQ:EVBG opened at $28.14 on Friday. Everbridge, Inc. has a 52 week low of $18.50 and a 52 week high of $35.55. The stock’s fifty day moving average is $23.19 and its two-hundred day moving average is $23.02. The company has a market capitalization of $1.16 billion, a P/E ratio of -25.35, a P/E/G ratio of 0.74 and a beta of 0.89. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.20.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Robert W. Baird upped their price objective on shares of Everbridge from $21.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday. Needham & Company LLC restated a “hold” rating on shares of Everbridge in a research report on Monday. William Blair downgraded Everbridge from an “outperform” rating to a “market perform” rating in a research report on Monday. Wells Fargo & Company raised Everbridge from an “underweight” rating to an “equal weight” rating in a research note on Tuesday. Finally, The Goldman Sachs Group cut their target price on Everbridge from $27.00 to $23.00 and set a “sell” rating for the company in a research note on Friday, November 10th. One analyst has rated the stock with a sell rating and ten have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $26.33.
Hedge Funds Weigh In On Everbridge
Several large investors have recently made changes to their positions in EVBG. Virtu Financial LLC purchased a new stake in Everbridge in the second quarter valued at approximately $247,000. Headlands Technologies LLC purchased a new stake in shares of Everbridge in the 2nd quarter valued at $152,000. Panagora Asset Management Inc. lifted its stake in Everbridge by 39.5% during the 3rd quarter. Panagora Asset Management Inc. now owns 216,560 shares of the technology company’s stock worth $4,855,000 after acquiring an additional 61,295 shares in the last quarter. Swiss National Bank boosted its holdings in Everbridge by 2.2% during the 2nd quarter. Swiss National Bank now owns 88,100 shares of the technology company’s stock valued at $2,370,000 after acquiring an additional 1,900 shares during the period. Finally, Portside Wealth Group LLC acquired a new position in Everbridge in the 2nd quarter valued at about $1,068,000. 91.44% of the stock is currently owned by institutional investors and hedge funds.
Everbridge Company Profile
Everbridge, Inc engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events. Its SaaS-based CEM platform enables 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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