Zendesk, Inc. (NYSE:ZEN) CFO Elena Gomez sold 13,155 shares of Zendesk stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $35.00, for a total value of $460,425.00. Following the sale, the chief financial officer now owns 16,858 shares of the company’s stock, valued at $590,030. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Elena Gomez also recently made the following trade(s):

  • On Thursday, October 19th, Elena Gomez sold 1,200 shares of Zendesk stock. The shares were sold at an average price of $30.10, for a total value of $36,120.00.
  • On Wednesday, September 20th, Elena Gomez sold 1,200 shares of Zendesk stock. The shares were sold at an average price of $28.87, for a total value of $34,644.00.
  • On Tuesday, August 15th, Elena Gomez sold 1,431 shares of Zendesk stock. The shares were sold at an average price of $27.06, for a total value of $38,722.86.

Zendesk, Inc. (ZEN) opened at $34.24 on Wednesday. Zendesk, Inc. has a one year low of $19.77 and a one year high of $35.00.

Zendesk (NYSE:ZEN) last issued its quarterly earnings results on Wednesday, November 1st. The software maker reported ($0.02) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. The company had revenue of $112.79 million for the quarter, compared to the consensus estimate of $109.19 million. Zendesk had a negative return on equity of 32.55% and a negative net margin of 27.43%. The company’s revenue for the quarter was up 39.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.04) EPS. equities analysts forecast that Zendesk, Inc. will post -1.05 EPS for the current fiscal year.

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Several equities research analysts have recently issued reports on ZEN shares. Stephens lowered Zendesk from an “equal weight” rating to an “underweight” rating and set a $25.00 price target for the company. in a report on Monday, October 9th. Morgan Stanley lifted their price target on Zendesk from $33.00 to $35.00 and gave the company an “overweight” rating in a report on Monday, October 23rd. Stifel Nicolaus reiterated a “hold” rating on shares of Zendesk in a report on Friday, July 21st. Zacks Investment Research upgraded Zendesk from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a report on Thursday, October 5th. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $33.00 price target on shares of Zendesk in a report on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. Zendesk currently has an average rating of “Buy” and an average target price of $34.13.

Hedge funds and other institutional investors have recently modified their holdings of the business. Oppenheimer Asset Management Inc. bought a new position in Zendesk in the 1st quarter worth approximately $103,000. Advisor Group Inc. increased its position in Zendesk by 44.3% in the 2nd quarter. Advisor Group Inc. now owns 3,701 shares of the software maker’s stock worth $103,000 after buying an additional 1,137 shares during the period. Canada Pension Plan Investment Board bought a new position in Zendesk in the 3rd quarter worth approximately $105,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Zendesk by 10.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,887 shares of the software maker’s stock worth $108,000 after buying an additional 352 shares during the period. Finally, Fortaleza Asset Management Inc. bought a new position in Zendesk in the 2nd quarter worth approximately $115,000. 96.07% of the stock is currently owned by institutional investors.

Zendesk Company Profile

Zendesk, Inc (Zendesk) is a software development company. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.

Insider Buying and Selling by Quarter for Zendesk (NYSE:ZEN)

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