Proofpoint Inc (NASDAQ:PFPT) Director Michael M. Johnson sold 843 shares of the business’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $123.18, for a total transaction of $103,840.74. Following the sale, the director now directly owns 3,688 shares of the company’s stock, valued at approximately $454,287.84. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

NASDAQ PFPT opened at $123.89 on Friday. Proofpoint Inc has a 52 week low of $75.92 and a 52 week high of $131.43. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.07. The company has a market cap of $6.93 billion, a PE ratio of -107.73 and a beta of 1.68. The stock has a 50-day moving average price of $114.82.

Proofpoint (NASDAQ:PFPT) last posted its earnings results on Thursday, April 25th. The software maker reported ($0.33) EPS for the quarter, hitting the consensus estimate of ($0.33). Proofpoint had a negative net margin of 15.82% and a negative return on equity of 13.93%. The firm had revenue of $202.90 million during the quarter, compared to analysts’ expectations of $199.32 million. During the same quarter in the prior year, the firm earned $0.30 EPS. Proofpoint’s quarterly revenue was up 24.9% on a year-over-year basis. As a group, equities research analysts anticipate that Proofpoint Inc will post -0.82 earnings per share for the current year.

A number of equities research analysts recently weighed in on the stock. Morgan Stanley set a $10.00 price objective on shares of Ford Motor and gave the company a “hold” rating in a research report on Friday, April 26th. Monness Crespi & Hardt reaffirmed a “buy” rating and set a $137.00 price objective (up previously from $120.00) on shares of Proofpoint in a research report on Wednesday, April 17th. BidaskClub downgraded shares of YY from a “buy” rating to a “hold” rating in a research report on Wednesday, April 10th. Piper Jaffray Companies boosted their price objective on shares of Amazon.com from $2,070.00 to $2,225.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Finally, Bank of America set a $144.00 price objective on shares of Walt Disney and gave the company a “buy” rating in a research report on Friday, April 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Proofpoint has an average rating of “Buy” and an average target price of $131.60.

Hedge funds and other institutional investors have recently bought and sold shares of the business. MML Investors Services LLC grew its position in Proofpoint by 0.9% in the 4th quarter. MML Investors Services LLC now owns 9,399 shares of the software maker’s stock worth $788,000 after purchasing an additional 88 shares during the last quarter. Swiss National Bank lifted its stake in shares of Proofpoint by 9.8% in the 1st quarter. Swiss National Bank now owns 99,552 shares of the software maker’s stock worth $12,089,000 after acquiring an additional 8,900 shares during the period. Washington Capital Management Inc. acquired a new stake in shares of Proofpoint in the 1st quarter worth approximately $528,000. Great West Life Assurance Co. Can lifted its stake in shares of Proofpoint by 13.1% in the 4th quarter. Great West Life Assurance Co. Can now owns 5,933 shares of the software maker’s stock worth $480,000 after acquiring an additional 686 shares during the period. Finally, Coronation Fund Managers Ltd. acquired a new stake in shares of Proofpoint in the 1st quarter worth approximately $4,679,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Proofpoint Company Profile

Proofpoint, Inc operates as a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. It offers protection against advanced and targeted threats, including malicious attachments, polymorphic threats, zero-day exploits, user-transparent ‘drive-by' downloads, malicious Web links, hybrid threats, malware free attacks, and other penetration tactics.

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Insider Buying and Selling by Quarter for Proofpoint (NASDAQ:PFPT)

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