Steven M. Winter Sells 11,336 Shares of Coupa Software Inc (COUP) Stock
Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter sold 11,336 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $38.70, for a total transaction of $438,703.20. Following the completion of the sale, the executive now directly owns 12,480 shares in the company, valued at approximately $482,976. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Coupa Software Inc (NASDAQ:COUP) opened at $40.75 on Thursday. Coupa Software Inc has a 52-week low of $22.50 and a 52-week high of $41.25.
Coupa Software (NASDAQ:COUP) last posted its quarterly earnings data on Monday, December 4th. The technology company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.06. Coupa Software had a negative net margin of 24.37% and a negative return on equity of 20.40%. The business had revenue of $47.30 million during the quarter, compared to analyst estimates of $45.02 million. During the same quarter in the previous year, the business posted ($0.22) earnings per share. The company’s revenue was up 33.6% on a year-over-year basis. equities analysts forecast that Coupa Software Inc will post -0.94 earnings per share for the current fiscal year.
COUP has been the topic of several recent research reports. Barclays raised shares of Coupa Software from an “equal weight” rating to an “overweight” rating and set a $38.00 price target on the stock in a report on Monday, January 8th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $41.00 price target on shares of Coupa Software in a report on Wednesday, November 15th. Northland Securities set a $41.00 price target on shares of Coupa Software and gave the company a “buy” rating in a report on Wednesday, January 17th. Zacks Investment Research raised shares of Coupa Software from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, Raymond James Financial reissued a “buy” rating and issued a $40.00 price objective on shares of Coupa Software in a research report on Tuesday, December 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $39.24.
Coupa Software Company Profile
Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.
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