Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter Sells 11,336 Shares
Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter sold 11,336 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $135.32, for a total transaction of $1,533,987.52. Following the completion of the transaction, the executive now directly owns 14,766 shares in the company, valued at approximately $1,998,135.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Coupa Software stock traded up $3.51 during midday trading on Tuesday, reaching $137.89. 825,622 shares of the stock traded hands, compared to its average volume of 1,508,913. The business has a 50-day simple moving average of $136.83. Coupa Software Inc has a 12-month low of $52.01 and a 12-month high of $148.00. The firm has a market capitalization of $8.49 billion, a price-to-earnings ratio of -205.81 and a beta of 1.61. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.07 and a current ratio of 1.07.
Coupa Software (NASDAQ:COUP) last announced its earnings results on Monday, June 3rd. The technology company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.29. Coupa Software had a negative return on equity of 14.29% and a negative net margin of 21.22%. The company had revenue of $81.30 million during the quarter, compared to analysts’ expectations of $73.85 million. During the same period last year, the business posted ($0.01) EPS. Coupa Software’s revenue for the quarter was up 44.1% on a year-over-year basis. On average, analysts expect that Coupa Software Inc will post -1.15 EPS for the current year.
Institutional investors have recently made changes to their positions in the stock. Swiss National Bank increased its position in Coupa Software by 5.0% during the first quarter. Swiss National Bank now owns 84,600 shares of the technology company’s stock worth $7,697,000 after buying an additional 4,000 shares during the period. Norges Bank acquired a new position in Coupa Software in the fourth quarter valued at $19,200,000. Barton Investment Management increased its stake in Coupa Software by 494.5% in the first quarter. Barton Investment Management now owns 94,235 shares of the technology company’s stock valued at $8,574,000 after purchasing an additional 78,385 shares during the last quarter. FMR LLC increased its stake in Coupa Software by 86.9% in the first quarter. FMR LLC now owns 3,467,506 shares of the technology company’s stock valued at $315,474,000 after purchasing an additional 1,612,326 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in Coupa Software by 420.9% in the first quarter. SG Americas Securities LLC now owns 42,037 shares of the technology company’s stock valued at $3,825,000 after purchasing an additional 33,967 shares during the last quarter.
Coupa Software Company Profile
Coupa Software, Inc engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company’s business spend.
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