Xactly Corporation (NASDAQ:XTLY) CEO Christopher Cabrera sold 8,000 shares of the company’s stock in a transaction dated Monday, October 10th. The shares were sold at an average price of $15.08, for a total transaction of $120,640.00. Following the completion of the transaction, the chief executive officer now owns 104,500 shares in the company, valued at $1,575,860. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, October 3rd, Christopher Cabrera sold 30,000 shares of Xactly Corporation stock. The stock was sold at an average price of $15.00, for a total transaction of $450,000.00.
  • On Monday, September 12th, Christopher Cabrera sold 8,000 shares of Xactly Corporation stock. The stock was 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 stock was sold at an average price of $14.01, for a total transaction of $112,080.00.

Xactly Corporation (NASDAQ:XTLY) opened at 14.57 on Wednesday. The company’s market cap is $448.03 million. Xactly Corporation has a 12-month low of $4.68 and a 12-month high of $16.10. The stock has a 50 day moving average of $14.23 and a 200-day moving average of $11.41.

Xactly Corporation (NASDAQ:XTLY) last released its earnings results on Thursday, September 8th. The company reported ($0.08) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.14) by $0.06. The business had revenue of $24 million for the quarter, compared to the consensus estimate of $23.37 million. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. On average, equities research analysts anticipate that Xactly Corporation will post ($0.43) earnings per share for the current fiscal year.

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

A number of large investors have recently made changes to their positions in the stock. Murphy Michael R boosted its stake in shares of Xactly Corporation by 4,959.3% in the second quarter. Murphy Michael R now owns 970,172 shares of the company’s stock worth $12,428,000 after buying an additional 950,996 shares in the last quarter. Teachers Advisors Inc. boosted its stake in shares of Xactly Corporation by 4,778.1% in the second quarter. Teachers Advisors Inc. now owns 412,543 shares of the company’s stock worth $5,285,000 after buying an additional 404,086 shares in the last quarter. BlackRock Fund Advisors boosted its stake in shares of Xactly Corporation by 195.2% in the second quarter. BlackRock Fund Advisors now owns 591,124 shares of the company’s stock worth $7,572,000 after buying an additional 390,901 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Xactly Corporation by 59.5% in the second quarter. JPMorgan Chase & Co. now owns 871,550 shares of the company’s stock worth $11,165,000 after buying an additional 325,216 shares in the last quarter. Finally, Lord Abbett & CO. LLC purchased a new stake in shares of Xactly Corporation during the second quarter worth about $3,850,000.

A number of equities research analysts have issued reports on the stock. Lake Street Capital increased their price objective on shares of Xactly Corporation from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, September 9th. Deutsche Bank AG increased their price objective on shares of Xactly Corporation from $12.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, September 9th. Needham & Company LLC increased their price objective on shares of Xactly Corporation from $15.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, September 9th. Oppenheimer Holdings Inc. increased their price objective on shares of Xactly Corporation from $13.00 to $17.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 7th. Finally, Zacks Investment Research upgraded 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. Eight equities research analysts have rated the stock with a buy rating, Xactly Corporation has an average rating of “Buy” and a consensus 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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