Proofpoint Inc (NASDAQ:PFPT) Chairman Eric Hahn sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $93.91, for a total transaction of $469,550.00. Following the completion of the sale, the chairman now directly owns 33,001 shares in the company, valued at approximately $3,099,123.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, December 6th, Eric Hahn sold 5,000 shares of Proofpoint stock. The shares were sold at an average price of $83.71, for a total transaction of $418,550.00.
  • On Tuesday, November 14th, Eric Hahn sold 5,000 shares of Proofpoint stock. The shares were sold at an average price of $89.48, for a total transaction of $447,400.00.

Shares of Proofpoint Inc (NASDAQ:PFPT) opened at $96.25 on Tuesday. The company has a debt-to-equity ratio of 11.57, a quick ratio of 1.51 and a current ratio of 1.51. The firm has a market cap of $4,320.00, a P/E ratio of -43.55 and a beta of 1.32. Proofpoint Inc has a twelve month low of $70.30 and a twelve month high of $97.92.

Proofpoint (NASDAQ:PFPT) last posted its earnings results on Thursday, October 19th. The software maker reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.07. The business had revenue of $134.30 million for 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 prior year, the firm posted $0.19 EPS. analysts forecast that Proofpoint Inc will post -0.88 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in PFPT. Great West Life Assurance Co. Can grew its stake in Proofpoint by 35.3% in the 2nd quarter. Great West Life Assurance Co. Can now owns 5,247 shares of the software maker’s stock worth $455,000 after buying an additional 1,370 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Proofpoint by 5.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 224,035 shares of the software maker’s stock worth $19,453,000 after buying an additional 11,023 shares in the last quarter. Legal & General Group Plc grew its stake in Proofpoint by 8.8% in the 2nd quarter. Legal & General Group Plc now owns 15,503 shares of the software maker’s stock worth $1,344,000 after buying an additional 1,250 shares in the last quarter. Comerica Bank grew its stake in Proofpoint by 0.4% in the 2nd quarter. Comerica Bank now owns 13,207 shares of the software maker’s stock worth $1,210,000 after buying an additional 51 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its stake in Proofpoint by 190.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,109 shares of the software maker’s stock worth $617,000 after buying an additional 4,660 shares in the last quarter.

Several analysts have recently issued reports on PFPT shares. BTIG Research reissued a “buy” rating and issued a $110.00 price target on shares of Proofpoint in a research report on Monday, September 11th. Needham & Company LLC reissued a “buy” rating and issued a $115.00 price target on shares of Proofpoint in a research report on Monday, September 11th. KeyCorp reissued a “hold” rating on shares of Proofpoint in a research report on Tuesday, September 19th. Macquarie reissued an “outperform” rating and issued a $103.00 price target on shares of Proofpoint in a research report on Tuesday, September 26th. Finally, Robert W. Baird reissued a “hold” rating and issued a $95.00 price target on shares of Proofpoint in a research report on Friday, October 13th. One equities research 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’s stock. The company presently has a consensus rating of “Buy” and an average target price of $102.48.

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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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