QAD Inc. (NASDAQ:QADA) President Pamela M. Lopker sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $41.86, for a total value of $167,440.00. Following the completion of the sale, the president now directly owns 4,412,095 shares of the company’s stock, valued at approximately $184,690,296.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

QADA stock traded up $0.52 during midday trading on Wednesday, reaching $41.88. The stock had a trading volume of 50,189 shares, compared to its average volume of 59,626. The stock has a market cap of $800.60 million, a PE ratio of 82.12 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47. The firm has a fifty day simple moving average of $40.23 and a two-hundred day simple moving average of $43.22. QAD Inc. has a 52-week low of $35.00 and a 52-week high of $60.25.

QAD (NASDAQ:QADA) last posted its quarterly earnings results on Wednesday, August 21st. The software maker reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.23) by $0.21. The business had revenue of $76.38 million for the quarter, compared to the consensus estimate of $77.89 million. QAD had a positive return on equity of 2.21% and a negative net margin of 2.70%. The company’s quarterly revenue was down 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.05 EPS. On average, sell-side analysts predict that QAD Inc. will post -0.47 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 18th will be paid a $0.072 dividend. This represents a $0.29 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Tuesday, September 17th. QAD’s payout ratio is 56.86%.

Several institutional investors have recently added to or reduced their stakes in QADA. Bank of Montreal Can purchased a new stake in QAD in the second quarter valued at approximately $38,000. Marshall Wace North America L.P. acquired a new position in QAD in the 1st quarter worth approximately $41,000. Aperio Group LLC purchased a new position in QAD during the 2nd quarter worth approximately $74,000. BNP Paribas Arbitrage SA raised its position in QAD by 21,650.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,175 shares of the software maker’s stock worth $94,000 after buying an additional 2,165 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in QAD during the 2nd quarter worth approximately $108,000. 45.40% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on QADA shares. BidaskClub upgraded shares of QAD from a “sell” rating to a “hold” rating in a report on Tuesday, August 27th. B. Riley set a $55.00 target price on shares of QAD and gave the stock a “buy” rating in a research note on Friday, August 16th. TheStreet cut shares of QAD from a “b-” rating to a “c” rating in a research note on Wednesday, May 29th. ValuEngine raised shares of QAD from a “hold” rating to a “buy” rating in a research report on Tuesday, July 2nd. Finally, Zacks Investment Research upgraded shares of QAD from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Tuesday, August 13th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. QAD currently has a consensus rating of “Buy” and an average target price of $50.33.

About QAD

QAD Inc provides enterprise software solutions for manufacturing companies in the automotive, life sciences, consumer products, food and beverage, high technology, and industrial products industries worldwide. The company offers QAD Enterprise Applications, an integrated suite of software applications, which support the core business processes.

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