West Corporation (NASDAQ:WSTC) insider Rodney J. Kempkes sold 3,385 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $23.36, for a total value of $79,073.60. Following the completion of the sale, the insider now directly owns 52,126 shares of the company’s stock, valued at $1,217,663.36. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

West Corporation (NASDAQ:WSTC) traded down 0.09% on Wednesday, reaching $23.34. The company’s stock had a trading volume of 247,358 shares. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 9.23 and a beta of 1.59. West Corporation has a 52 week low of $19.64 and a 52 week high of $28.57. The company has a 50 day moving average of $23.34 and a 200 day moving average of $23.83.

West Corporation (NASDAQ:WSTC) last released its earnings results on Thursday, August 3rd. The technology company reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.03. The company had revenue of $574.39 million during the quarter, compared to the consensus estimate of $579.40 million. West Corporation had a net margin of 9.39% and a negative return on equity of 59.08%. On average, analysts forecast that West Corporation will post $2.92 earnings per share for the current year.

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A number of brokerages recently issued reports on WSTC. Robert W. Baird lowered West Corporation from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $28.00 to $24.00 in a research note on Wednesday, May 10th. Deutsche Bank AG downgraded West Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. Wells Fargo & Co restated a “market perform” rating and set a $23.50 price objective on shares of West Corporation in a report on Wednesday, May 10th. William Blair downgraded West Corporation from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 10th. Finally, Zacks Investment Research upgraded West Corporation from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Friday, May 19th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. West Corporation currently has an average rating of “Hold” and a consensus price target of $24.88.

Several large investors have recently added to or reduced their stakes in WSTC. Teachers Advisors LLC increased its stake in West Corporation by 4.3% in the fourth quarter. Teachers Advisors LLC now owns 73,148 shares of the technology company’s stock valued at $1,811,000 after buying an additional 2,983 shares during the last quarter. Creative Planning increased its stake in West Corporation by 1,056.9% in the first quarter. Creative Planning now owns 11,569 shares of the technology company’s stock valued at $283,000 after buying an additional 10,569 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in West Corporation by 118.5% in the first quarter. Nisa Investment Advisors LLC now owns 14,860 shares of the technology company’s stock valued at $363,000 after buying an additional 8,060 shares during the last quarter. Nationwide Fund Advisors increased its stake in West Corporation by 75.3% in the first quarter. Nationwide Fund Advisors now owns 86,922 shares of the technology company’s stock valued at $2,123,000 after buying an additional 37,340 shares during the last quarter. Finally, First Quadrant L P CA increased its stake in West Corporation by 71.3% in the first quarter. First Quadrant L P CA now owns 62,260 shares of the technology company’s stock valued at $1,520,000 after buying an additional 25,921 shares during the last quarter. 67.38% of the stock is owned by institutional investors.

About West Corporation

West Corporation is a provider of communication and network infrastructure services. The Company helps its clients communicate, collaborate and connect with their audiences through a portfolio of solutions that include unified communications services, safety services, and interactive services, such as automated notifications, specialized agent services and telecom services.

Insider Buying and Selling by Quarter for West Corporation (NASDAQ:WSTC)

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