Imad Mouline Sells 22,900 Shares of Everbridge Inc (EVBG) Stock

Everbridge Inc (NASDAQ:EVBG) SVP Imad Mouline sold 22,900 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $31.73, for a total value of $726,617.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Imad Mouline also recently made the following trade(s):

  • On Friday, December 22nd, Imad Mouline sold 6,986 shares of Everbridge stock. The stock was sold at an average price of $28.50, for a total value of $199,101.00.

Shares of Everbridge Inc (EVBG) traded up $1.10 during midday trading on Thursday, reaching $32.73. The company had a trading volume of 367,349 shares, compared to its average volume of 311,533. Everbridge Inc has a 1 year low of $16.63 and a 1 year high of $32.79. The firm has a market capitalization of $924.21 and a PE ratio of -54.55.

Everbridge (NASDAQ:EVBG) last issued its quarterly earnings results on Monday, November 6th. The technology company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.04. Everbridge had a negative return on equity of 29.44% and a negative net margin of 17.10%. The firm had revenue of $27.31 million during the quarter, compared to analysts’ expectations of $26.41 million. During the same period in the prior year, the firm posted ($0.07) earnings per share. The business’s quarterly revenue was up 37.0% compared to the same quarter last year. equities analysts forecast that Everbridge Inc will post -0.55 earnings per share for the current year.

EVBG has been the subject of several recent research reports. Northland Securities reaffirmed a “buy” rating and set a $33.00 price objective on shares of Everbridge in a research report on Friday, November 10th. Zacks Investment Research raised Everbridge from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Friday, November 10th. Canaccord Genuity reaffirmed a “buy” rating and set a $33.00 price objective (up from $28.00) on shares of Everbridge in a research report on Tuesday, November 7th. Needham & Company LLC increased their price target on Everbridge from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Finally, William Blair reissued a “buy” rating on shares of Everbridge in a research report on Tuesday, December 26th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $32.11.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Legal & General Group Plc boosted its position in Everbridge by 196.3% during the second 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 last quarter. Nationwide Fund Advisors raised its stake in Everbridge by 210.1% in the second quarter. Nationwide Fund Advisors now owns 9,590 shares of the technology company’s stock valued at $234,000 after buying an additional 6,497 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in Everbridge in the second quarter valued at approximately $288,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Everbridge in the third quarter valued at approximately $329,000. Finally, Alliancebernstein L.P. bought a new stake in Everbridge in the second quarter valued at approximately $331,000. 65.40% of the stock is owned by hedge funds and other institutional investors.

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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.

Insider Buying and Selling by Quarter for Everbridge (NASDAQ:EVBG)

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