Elena Gomez Sells 13,155 Shares of Zendesk, Inc. (ZEN) Stock
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.
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.
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