SMTP Inc. (NASDAQ:SHSP) Chairman Semyon Dukach sold 83,584 shares of SMTP stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $5.25, for a total value of $438,816.00. Following the completion of the transaction, the chairman now directly owns 2,250,533 shares of the company’s stock, valued at approximately $11,815,298.25. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of SMTP Inc. (NASDAQ:SHSP) remained flat at $5.25 during trading on Wednesday. The stock had a trading volume of 21,618 shares. The stock has a market capitalization of $43.88 million, a PE ratio of 12.41 and a beta of -3.09. SMTP Inc. has a 12-month low of $2.90 and a 12-month high of $6.30. The firm’s 50-day moving average is $5.29 and its 200-day moving average is $4.98.

Separately, Zacks Investment Research raised SMTP from a “sell” rating to a “hold” rating in a research report on Thursday, August 11th.

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About SMTP

SharpSpring, Inc, formerly SMTP, Inc, is a cloud-based marketing technology company. The Company’s SharpSpring marketing automation platform uses features, such as Web tracking, lead scoring and automated workflow to enable businesses deliver messages to the customers. The SharpSpring marketing automation solution offers digital marketing tools to small and medium-sized businesses and is primarily sold to marketing agencies using the platform on behalf of their clients.

5 Day Chart for NASDAQ:SHSP

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