QAD Inc. (NASDAQ:QADA) President Pamela M. Lopker sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $48.22, for a total transaction of $96,440.00. Following the transaction, the president now directly owns 4,300,095 shares of the company’s stock, valued at approximately $207,350,580.90. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

QADA opened at $48.10 on Friday. The firm has a 50 day moving average price of $45.73 and a 200 day moving average price of $43.54. The company has a market cap of $979.61 million, a PE ratio of 94.31 and a beta of 1.04. QAD Inc. has a 1 year low of $35.00 and a 1 year high of $49.65. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.48 and a current ratio of 1.48.

QAD (NASDAQ:QADA) last posted its earnings results on Wednesday, August 21st. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.23) by $0.21. The firm had revenue of $76.38 million during the quarter, compared to the consensus estimate of $77.89 million. QAD had a negative net margin of 2.70% and a positive return on equity of 2.27%. The company’s revenue was down 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS. On average, sell-side analysts predict that QAD Inc. will post -0.47 earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of Montreal Can acquired a new stake in QAD in the second quarter valued at approximately $38,000. Marshall Wace North America L.P. acquired a new stake in QAD in the first quarter valued at approximately $41,000. Aperio Group LLC acquired a new stake in QAD in the second quarter valued at approximately $74,000. SG Americas Securities LLC acquired a new stake in QAD in the second quarter valued at approximately $108,000. Finally, Susquehanna International Group LLP grew its position in QAD by 150.5% in the second quarter. Susquehanna International Group LLP now owns 6,006 shares of the software maker’s stock valued at $242,000 after acquiring an additional 17,906 shares in the last quarter. 43.78% of the stock is owned by hedge funds and other institutional investors.

A number of analysts recently issued reports on the stock. B. Riley set a $55.00 target price on shares of QAD and gave the stock a “buy” rating in a research report on Friday, August 16th. William Blair reissued an “outperform” rating on shares of QAD in a research report on Wednesday, August 28th. Zacks Investment Research downgraded shares of QAD from a “buy” rating to a “hold” rating in a research report on Wednesday, October 30th. BidaskClub raised shares of QAD from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, ValuEngine downgraded shares of QAD from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 10th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. QAD has a consensus rating of “Buy” and an average target price of $52.33.

QAD Company Profile

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.

Read More: Oversold

Insider Buying and Selling by Quarter for QAD (NASDAQ:QADA)

Receive News & Ratings for QAD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QAD and related companies with MarketBeat.com's FREE daily email newsletter.