Envestnet Inc. (NYSE:ENV) CEO Judson Bergman sold 27,031 shares of Envestnet stock in a transaction on Monday, November 14th. The stock was sold at an average price of $35.50, for a total transaction of $959,600.50. Following the completion of the transaction, the chief executive officer now owns 656,137 shares in the company, valued at approximately $23,292,863.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Judson Bergman also recently made the following trade(s):

  • On Tuesday, November 8th, Judson Bergman sold 12,969 shares of Envestnet stock. The stock was sold at an average price of $34.74, for a total transaction of $450,543.06.
  • On Monday, October 24th, Judson Bergman sold 20,000 shares of Envestnet stock. The stock was sold at an average price of $37.31, for a total transaction of $746,200.00.
  • On Monday, October 17th, Judson Bergman sold 20,000 shares of Envestnet stock. The stock was sold at an average price of $35.52, for a total transaction of $710,400.00.
  • On Monday, October 10th, Judson Bergman sold 7,541 shares of Envestnet stock. The stock was sold at an average price of $36.95, for a total transaction of $278,639.95.
  • On Monday, October 3rd, Judson Bergman sold 20,000 shares of Envestnet stock. The stock was sold at an average price of $36.28, for a total transaction of $725,600.00.
  • On Monday, September 26th, Judson Bergman sold 20,000 shares of Envestnet stock. The stock was sold at an average price of $38.33, for a total transaction of $766,600.00.

Envestnet Inc. (NYSE:ENV) opened at 37.90 on Friday. Envestnet Inc. has a 52-week low of $19.30 and a 52-week high of $41.47. The firm has a 50-day moving average of $35.69 and a 200-day moving average of $36.06. The firm’s market capitalization is $1.63 billion.

Envestnet (NYSE:ENV) last posted its quarterly earnings results on Monday, November 7th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.02. Envestnet had a negative net margin of 4.97% and a positive return on equity of 3.91%. The firm had revenue of $149.20 million for the quarter, compared to analyst estimates of $147.01 million. During the same period in the prior year, the firm posted $0.25 earnings per share. The company’s quarterly revenue was up 44.3% compared to the same quarter last year. On average, equities research analysts forecast that Envestnet Inc. will post $0.97 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Envestnet (NYSE:ENV)

Several analysts have issued reports on ENV shares. Avondale Partners lowered shares of Envestnet from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 9th. Jefferies Group restated a “buy” rating on shares of Envestnet in a research report on Wednesday, August 3rd. Zacks Investment Research lowered shares of Envestnet from a “hold” rating to a “sell” rating in a research report on Friday, August 19th. Royal Bank Of Canada lifted their target price on shares of Envestnet from $37.00 to $40.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 9th. Finally, RBC Capital Markets reiterated a “sector perform” rating and set a $40.00 target price (up from $37.00) on shares of Envestnet in a research report on Wednesday, August 10th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $36.81.

A number of hedge funds have recently bought and sold shares of ENV. Janus Capital Management LLC raised its position in shares of Envestnet by 1.5% in the second quarter. Janus Capital Management LLC now owns 3,431,524 shares of the company’s stock valued at $114,304,000 after buying an additional 52,131 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Envestnet by 3.4% in the second quarter. Vanguard Group Inc. now owns 2,882,842 shares of the company’s stock valued at $96,027,000 after buying an additional 95,155 shares during the last quarter. Wasatch Advisors Inc. raised its position in shares of Envestnet by 4.7% in the third quarter. Wasatch Advisors Inc. now owns 2,283,521 shares of the company’s stock valued at $83,234,000 after buying an additional 101,948 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Envestnet by 24.1% in the second quarter. Franklin Resources Inc. now owns 1,424,934 shares of the company’s stock valued at $47,465,000 after buying an additional 276,308 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its position in shares of Envestnet by 4.8% in the third quarter. Stephens Investment Management Group LLC now owns 1,171,716 shares of the company’s stock valued at $42,709,000 after buying an additional 53,451 shares during the last quarter.

Envestnet Company Profile

Envestnet, Inc is a provider of financial and wealth management technology and services to financial advisors, investors and financial service providers. The Company’s segments are Envestnet and Envestnet/Yodlee. Its Envestnet segment provides unified wealth management software and services empowering financial advisors and institutions.

5 Day Chart for NYSE:ENV

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