Momentive Global Inc. (NASDAQ:MNTV) Insider Rebecca Cantieri Sells 1,447 Shares

Momentive Global Inc. (NASDAQ:MNTV) insider Rebecca Cantieri sold 1,447 shares of Momentive Global stock in a transaction that occurred on Wednesday, October 13th. The stock was sold at an average price of $24.07, for a total transaction of $34,829.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Rebecca Cantieri also recently made the following trade(s):

  • On Friday, October 8th, Rebecca Cantieri sold 4,592 shares of Momentive Global stock. The stock was sold at an average price of $23.00, for a total transaction of $105,616.00.
  • On Monday, October 11th, Rebecca Cantieri sold 8,599 shares of Momentive Global stock. The stock was sold at an average price of $24.00, for a total transaction of $206,376.00.

MNTV opened at $24.10 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.20 and a current ratio of 1.20. The company has a fifty day moving average price of $20.30. Momentive Global Inc. has a 1 year low of $16.35 and a 1 year high of $28.12. The firm has a market cap of $3.56 billion, a PE ratio of -33.47 and a beta of 1.23.

Momentive Global (NASDAQ:MNTV) last posted its earnings results on Wednesday, August 4th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.03). Momentive Global had a negative net margin of 25.31% and a negative return on equity of 29.87%. The firm had revenue of $109.40 million during the quarter, compared to analyst estimates of $107.43 million. The company’s quarterly revenue was up 20.3% on a year-over-year basis. Analysts forecast that Momentive Global Inc. will post -0.71 earnings per share for the current fiscal year.

Several brokerages have commented on MNTV. Zacks Investment Research upgraded shares of Momentive Global from a “sell” rating to a “hold” rating in a research note on Wednesday, October 6th. Credit Suisse Group lifted their price objective on shares of Momentive Global from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 5th. Finally, Needham & Company LLC lifted their price objective on shares of Momentive Global from $22.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, August 5th.

Several institutional investors and hedge funds have recently bought and sold shares of MNTV. FMR LLC acquired a new position in shares of Momentive Global in the 2nd quarter valued at $460,300,000. Vanguard Group Inc. acquired a new position in shares of Momentive Global in the 2nd quarter valued at $257,671,000. BlackRock Inc. acquired a new position in shares of Momentive Global in the 2nd quarter valued at $183,097,000. Clearbridge Investments LLC acquired a new position in shares of Momentive Global in the 2nd quarter valued at $128,976,000. Finally, ArrowMark Colorado Holdings LLC purchased a new stake in Momentive Global in the 2nd quarter worth $92,769,000. Hedge funds and other institutional investors own 78.01% of the company’s stock.

About Momentive Global

Momentive Global, Inc provides agile software solutions that help companies turn stakeholder feedback into action. Its platform empowers users to collect, analyze, and act on feedback from customers, employees, website and application users, and market research audiences. The company offers enterprise solutions for agile experience management and insights by three product brands: Momentive, GetFeedback and SurveyMonkey.

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Insider Buying and Selling by Quarter for Momentive Global (NASDAQ:MNTV)

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