Zendesk, Inc. (NYSE:ZEN) CFO Elena Gomez sold 8,079 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $35.00, for a total transaction of $282,765.00. Following the sale, the chief financial officer now directly owns 5,151 shares of the company’s stock, valued at $180,285. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Friday, November 17th, Elena Gomez sold 404 shares of Zendesk stock. The shares were sold at an average price of $34.27, for a total transaction of $13,845.08.
  • On Monday, November 20th, Elena Gomez sold 1,604 shares of Zendesk stock. The shares were sold at an average price of $34.37, for a total transaction of $55,129.48.
  • On Wednesday, November 8th, Elena Gomez sold 17,845 shares of Zendesk stock. The shares were sold at an average price of $35.00, for a total transaction of $624,575.00.
  • On Thursday, November 2nd, Elena Gomez sold 13,155 shares of Zendesk stock. The shares were sold at an average price of $35.00, for a total transaction of $460,425.00.
  • 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 transaction 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 transaction of $34,644.00.

Zendesk, Inc. (NYSE ZEN) traded up $0.49 during trading hours on Wednesday, reaching $35.17. The company had a trading volume of 1,028,128 shares, compared to its average volume of 1,059,015. Zendesk, Inc. has a 12-month low of $19.77 and a 12-month high of $35.89.

Zendesk (NYSE:ZEN) last released its quarterly earnings data on Wednesday, November 1st. The software maker reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Zendesk had a negative return on equity of 32.50% and a negative net margin of 27.43%. The firm had revenue of $112.79 million for the quarter, compared to the consensus estimate of $109.19 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The firm’s revenue was up 39.7% on a year-over-year basis. analysts expect that Zendesk, Inc. will post -1.03 EPS for the current fiscal year.

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A number of research firms have commented on ZEN. Zacks Investment Research lowered shares of Zendesk from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. BidaskClub lowered shares of Zendesk from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $35.00 price objective on shares of Zendesk in a research note on Wednesday, October 18th. KeyCorp reiterated a “buy” rating and issued a $35.00 target price on shares of Zendesk in a report on Friday, August 25th. Finally, ValuEngine downgraded Zendesk from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $34.13.

A number of large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its holdings in Zendesk by 2.5% in the first quarter. Principal Financial Group Inc. now owns 11,605 shares of the software maker’s stock worth $325,000 after buying an additional 283 shares during the last quarter. Parallel Advisors LLC increased its holdings in Zendesk by 3.8% in the second quarter. Parallel Advisors LLC now owns 8,275 shares of the software maker’s stock worth $243,000 after buying an additional 300 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in Zendesk by 8.8% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,998 shares of the software maker’s stock worth $111,000 after purchasing an additional 323 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Zendesk by 10.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,887 shares of the software maker’s stock worth $108,000 after purchasing an additional 352 shares during the period. Finally, Neuberger Berman Group LLC boosted its position in Zendesk by 3.1% during the second quarter. Neuberger Berman Group LLC now owns 31,429 shares of the software maker’s stock worth $873,000 after purchasing an additional 950 shares during the period. Hedge funds and other institutional investors own 95.21% of the company’s stock.

About Zendesk

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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