Zendesk Inc (NYSE:ZEN) SVP John Geschke sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $34.23, for a total value of $171,150.00. Following the transaction, the senior vice president now directly owns 16,495 shares in the company, valued at $564,623.85. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

John Geschke also recently made the following trade(s):

  • On Monday, November 13th, John Geschke sold 9,727 shares of Zendesk stock. The stock was sold at an average price of $35.09, for a total value of $341,320.43.
  • On Wednesday, November 8th, John Geschke sold 4,800 shares of Zendesk stock. The stock was sold at an average price of $35.46, for a total value of $170,208.00.
  • On Thursday, November 2nd, John Geschke sold 30,200 shares of Zendesk stock. The stock was sold at an average price of $34.36, for a total value of $1,037,672.00.

Shares of Zendesk Inc (NYSE ZEN) opened at $34.24 on Friday. Zendesk Inc has a twelve month low of $20.86 and a twelve month high of $35.89.

Zendesk (NYSE:ZEN) last issued 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. The firm had revenue of $112.79 million during the quarter, compared to analyst estimates of $109.19 million. Zendesk had a negative return on equity of 32.50% 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 company posted ($0.04) EPS. equities research analysts anticipate that Zendesk Inc will post -1.03 EPS for the current year.

ZEN has been the topic of a number of research reports. Canaccord Genuity upped their price target on Zendesk from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Royal Bank of Canada reaffirmed a “buy” rating and set a $35.00 price target on shares of Zendesk in a research note on Wednesday, October 18th. KeyCorp reaffirmed a “buy” rating and set a $35.00 price target on shares of Zendesk in a research note on Sunday, October 15th. Zacks Investment Research raised Zendesk from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Thursday, October 5th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $33.00 price target on shares of Zendesk in a research note on Tuesday, September 12th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $34.13.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Neuberger Berman Group LLC grew its holdings in shares of Zendesk by 10.8% in the third quarter. Neuberger Berman Group LLC now owns 34,821 shares of the software maker’s stock valued at $1,014,000 after acquiring an additional 3,392 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of Zendesk by 2.6% in the third quarter. California Public Employees Retirement System now owns 110,600 shares of the software maker’s stock valued at $3,220,000 after acquiring an additional 2,800 shares in the last quarter. Point72 Asset Management L.P. grew its holdings in shares of Zendesk by 127.5% in the third quarter. Point72 Asset Management L.P. now owns 23,200 shares of the software maker’s stock valued at $675,000 after acquiring an additional 13,000 shares in the last quarter. Granahan Investment Management Inc. MA bought a new position in shares of Zendesk in the third quarter valued at approximately $5,290,000. Finally, Alyeska Investment Group L.P. bought a new position in shares of Zendesk in the third quarter valued at approximately $9,017,000. 95.68% of the stock is owned by hedge funds and other institutional investors.

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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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