Xactly Corporation (NASDAQ:XTLY) CEO Christopher Cabrera sold 30,000 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $15.00, for a total transaction of $450,000.00. Following the completion of the sale, the chief executive officer now owns 126,500 shares of the company’s stock, valued at approximately $1,897,500. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Christopher Cabrera also recently made the following trade(s):

  • On Monday, September 12th, Christopher Cabrera sold 8,000 shares of Xactly Corporation stock. The shares were sold at an average price of $13.94, for a total transaction of $111,520.00.
  • On Wednesday, August 10th, Christopher Cabrera sold 8,000 shares of Xactly Corporation stock. The shares were sold at an average price of $14.01, for a total transaction of $112,080.00.
  • On Monday, July 11th, Christopher Cabrera sold 12,000 shares of Xactly Corporation stock. The shares were sold at an average price of $12.63, for a total transaction of $151,560.00.

Xactly Corporation (NASDAQ:XTLY) opened at 15.48 on Thursday. Xactly Corporation has a 1-year low of $4.68 and a 1-year high of $16.10. The stock’s 50 day moving average is $14.05 and its 200-day moving average is $11.16. The firm’s market capitalization is $476.01 million.

Xactly Corporation (NASDAQ:XTLY) last announced its quarterly earnings data on Thursday, September 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.06. The firm had revenue of $24 million for the quarter, compared to the consensus estimate of $23.37 million. The business’s revenue was up 31.1% compared to the same quarter last year. Equities research analysts forecast that Xactly Corporation will post ($0.43) EPS for the current year.

Insider Buying and Selling by Quarter for Xactly Corporation (NASDAQ:XTLY)

Institutional investors have recently made changes to their positions in the company. Fortaleza Asset Management Inc. purchased a new position in shares of Xactly Corporation during the second quarter valued at about $121,000. American International Group Inc. boosted its position in shares of Xactly Corporation by 194.7% in the second quarter. American International Group Inc. now owns 13,145 shares of the company’s stock valued at $168,000 after buying an additional 8,684 shares during the period. Thompson Davis & CO. Inc. purchased a new position in shares of Xactly Corporation during the second quarter valued at about $184,000. Nationwide Fund Advisors boosted its position in shares of Xactly Corporation by 139.9% in the second quarter. Nationwide Fund Advisors now owns 14,929 shares of the company’s stock valued at $191,000 after buying an additional 8,706 shares during the period. Finally, KCG Holdings Inc. purchased a new position in shares of Xactly Corporation during the second quarter valued at about $193,000.

Several brokerages have issued reports on XTLY. Deutsche Bank AG boosted their price objective on shares of Xactly Corporation from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, September 26th. Zacks Investment Research raised shares of Xactly Corporation from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Thursday, September 15th. Lake Street Capital boosted their price objective on shares of Xactly Corporation from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, September 9th. Needham & Company LLC boosted their price objective on shares of Xactly Corporation from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, September 9th. Finally, Oppenheimer Holdings Inc. boosted their price objective on shares of Xactly Corporation from $13.00 to $17.00 and gave the company an “outperform” rating in a research note on Wednesday, September 7th. Eight equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of $17.57.

About Xactly Corporation

Xactly Corporation is a provider of cloud-based incentive compensation solutions for employee and sales performance management. The Company delivers its solutions through a software-as-a-service (SaaS) business model. The Company has a customer base, including companies in various industries, such as business and financial services, communications, life sciences, media and Internet, SaaS and traditional software, and retail.

5 Day Chart for NASDAQ:XTLY

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