Forescout Technologies Inc (FSCT) SVP Darren J. Milliken Sells 3,870 Shares of Stock
Forescout Technologies Inc (NASDAQ:FSCT) SVP Darren J. Milliken sold 3,870 shares of the firm’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $28.60, for a total transaction of $110,682.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of NASDAQ:FSCT traded down $0.52 during trading hours on Friday, hitting $27.59. The stock had a trading volume of 1,196,331 shares, compared to its average volume of 410,102. Forescout Technologies Inc has a 1-year low of $21.56 and a 1-year high of $40.96. The firm has a market capitalization of $1.17 billion and a P/E ratio of -3.48. The company has a current ratio of 2.17, a quick ratio of 2.16 and a debt-to-equity ratio of 0.10.
Forescout Technologies (NASDAQ:FSCT) last announced its quarterly earnings results on Thursday, November 8th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.08). The business had revenue of $85.63 million for the quarter, compared to the consensus estimate of $79.08 million. During the same quarter in the prior year, the firm earned ($0.21) EPS. The company’s revenue for the quarter was up 23.5% compared to the same quarter last year. Analysts predict that Forescout Technologies Inc will post -0.95 EPS for the current year.
A number of brokerages have issued reports on FSCT. Monness Crespi & Hardt cut their target price on shares of Forescout Technologies from $43.00 to $40.00 and set a “buy” rating on the stock in a report on Friday. Zacks Investment Research raised shares of Forescout Technologies from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Tuesday, October 23rd. Robert W. Baird began coverage on shares of Forescout Technologies in a report on Wednesday, October 17th. They issued an “outperform” rating and a $42.00 target price on the stock. UBS Group raised their target price on shares of Forescout Technologies from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, August 10th. Finally, Needham & Company LLC began coverage on shares of Forescout Technologies in a report on Friday, September 21st. They issued a “buy” rating and a $47.00 target price on the stock. Two equities research analysts have rated the stock with 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 $38.91.
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Forescout Technologies Company Profile
ForeScout Technologies, Inc provides network security products in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers ForeScout CounterACT agentless technology that discovers, classifies, and assesses IP-based devices; ForeScout extended modules, which represent integrations across vulnerability assessment, advanced threat detection, security incidence and event management, enterprise mobility management, endpoint protection and endpoint detection and response, next generation firewall, privileged access management, and IT systems management vendors, as well as compliance; and ForeScout CounterACT Enterprise Manager, a centralized security management solution for the control of various appliances deployed on an end-customer network, as well as maintenance and professional services.
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