Proofpoint, Inc. (NASDAQ:PFPT) Chairman Eric Hahn sold 5,000 shares of the company’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $89.48, for a total transaction of $447,400.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Eric Hahn also recently made the following trade(s):

  • On Wednesday, October 4th, Eric Hahn sold 5,000 shares of Proofpoint stock. The shares were sold at an average price of $89.21, for a total transaction of $446,050.00.
  • On Tuesday, September 12th, Eric Hahn sold 5,000 shares of Proofpoint stock. The shares were sold at an average price of $90.53, for a total transaction of $452,650.00.
  • On Friday, August 25th, Eric Hahn sold 5,000 shares of Proofpoint stock. The shares were sold at an average price of $91.09, for a total transaction of $455,450.00.

Proofpoint, Inc. (NASDAQ:PFPT) traded up $1.44 during midday trading on Thursday, hitting $91.07. 349,305 shares of the company traded hands, compared to its average volume of 643,360. The company has a debt-to-equity ratio of 11.57, a current ratio of 1.51 and a quick ratio of 1.51. Proofpoint, Inc. has a 1 year low of $69.19 and a 1 year high of $97.92.

Proofpoint (NASDAQ:PFPT) last posted its quarterly earnings data on Thursday, October 19th. The software maker reported $0.25 EPS for the quarter, topping the consensus estimate of $0.18 by $0.07. The firm had revenue of $134.30 million during the quarter, compared to analyst estimates of $131.48 million. Proofpoint had a negative net margin of 20.19% and a negative return on equity of 158.19%. Proofpoint’s revenue was up 34.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.19 EPS. research analysts forecast that Proofpoint, Inc. will post -0.88 earnings per share for the current fiscal year.

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Several brokerages recently commented on PFPT. Evercore ISI set a $105.00 price target on shares of Proofpoint and gave the company a “buy” rating in a report on Friday, October 20th. Piper Jaffray Companies set a $105.00 price target on shares of Proofpoint and gave the company a “buy” rating in a report on Friday, October 20th. Imperial Capital upped their price target on shares of Proofpoint from $102.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, October 20th. Robert W. Baird reiterated a “hold” rating and set a $100.00 price target (up from $95.00) on shares of Proofpoint in a report on Friday, October 20th. Finally, Stifel Nicolaus set a $100.00 price target on shares of Proofpoint and gave the company a “buy” rating in a report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-two have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $101.70.

Several hedge funds and other institutional investors have recently bought and sold shares of PFPT. Legal & General Group Plc raised its stake in shares of Proofpoint by 3.1% during the 1st quarter. Legal & General Group Plc now owns 14,253 shares of the software maker’s stock worth $1,060,000 after acquiring an additional 435 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Proofpoint by 291.2% during the 1st quarter. Renaissance Technologies LLC now owns 39,900 shares of the software maker’s stock worth $2,967,000 after acquiring an additional 29,700 shares in the last quarter. State Street Corp raised its stake in shares of Proofpoint by 3.3% during the 1st quarter. State Street Corp now owns 791,294 shares of the software maker’s stock worth $58,840,000 after acquiring an additional 25,368 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Proofpoint by 21.3% during the 1st quarter. AQR Capital Management LLC now owns 14,465 shares of the software maker’s stock worth $1,076,000 after acquiring an additional 2,542 shares in the last quarter. Finally, HighTower Advisors LLC bought a new position in shares of Proofpoint during the 1st quarter worth approximately $225,000.

Proofpoint Company Profile

Proofpoint, Inc is a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive and govern their sensitive data. The Company’s security-as-a-service platform consists of an integrated suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication.

Insider Buying and Selling by Quarter for Proofpoint (NASDAQ:PFPT)

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