Somewhat Positive Press Coverage Somewhat Unlikely to Affect Everbridge (EVBG) Share Price
News articles about Everbridge (NASDAQ:EVBG) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Everbridge earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.3636947724774 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Insider Selling: Everbridge Inc (EVBG) CFO Sells 816 Shares of Stock (americanbankingnews.com)
- Insider Selling: Everbridge Inc (EVBG) SVP Sells 22,900 Shares of Stock (americanbankingnews.com)
- Everbridge (EVBG) and Nuance Communications (NUAN) Critical Comparison (americanbankingnews.com)
- Everbridge to Announce Fourth Quarter and Full Year 2017 Financial Results on February 21, 2018 (finance.yahoo.com)
Everbridge (NASDAQ EVBG) opened at $32.76 on Monday. Everbridge has a twelve month low of $16.63 and a twelve month high of $33.23. The stock has a market capitalization of $925.63, a P/E ratio of -54.60 and a beta of 1.99.
Several research firms have commented on EVBG. KeyCorp reaffirmed a “buy” rating and issued a $37.00 price target (up previously from $30.00) on shares of Everbridge in a report on Wednesday, January 17th. BidaskClub raised Everbridge from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Stifel Nicolaus reissued a “buy” rating and issued a $33.00 target price on shares of Everbridge in a report on Thursday, January 11th. Zacks Investment Research cut Everbridge from a “strong-buy” rating to a “sell” rating in a report on Tuesday, January 9th. Finally, William Blair reissued a “buy” rating on shares of Everbridge in a report on Tuesday, December 26th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $32.11.
In related news, SVP Yuan Cheng sold 11,000 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $27.37, for a total transaction of $301,070.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kenneth S. Goldman sold 816 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $32.06, for a total value of $26,160.96. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 157,828 shares of company stock worth $4,379,114. 41.40% of the stock is owned by corporate insiders.
Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.
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