Bryan Reed Barney Sells 3,344 Shares of Everbridge, Inc. (NASDAQ:EVBG) Stock

Everbridge, Inc. (NASDAQ:EVBGGet Free Report) insider Bryan Reed Barney sold 3,344 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $34.84, for a total transaction of $116,504.96. Following the completion of the sale, the insider now owns 15,595 shares of the company’s stock, valued at approximately $543,329.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Bryan Reed Barney also recently made the following trade(s):

  • On Monday, February 5th, Bryan Reed Barney sold 730 shares of Everbridge stock. The shares were sold at an average price of $28.11, for a total transaction of $20,520.30.

Everbridge Stock Down 0.2 %

EVBG stock opened at $34.84 on Thursday. The firm’s fifty day simple moving average is $30.68 and its 200-day simple moving average is $24.93. The company has a market capitalization of $1.44 billion, a P/E ratio of -24.36, a price-to-earnings-growth ratio of 0.94 and a beta of 0.96. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.74 and a quick ratio of 0.74. Everbridge, Inc. has a 12 month low of $18.50 and a 12 month high of $35.70.

Everbridge (NASDAQ:EVBGGet Free Report) last released its quarterly earnings data on Monday, February 26th. The technology company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). Everbridge had a negative net margin of 10.54% and a positive return on equity of 6.46%. The business had revenue of $115.76 million during the quarter, compared to analysts’ expectations of $114.70 million. As a group, equities research analysts forecast that Everbridge, Inc. will post 0.78 earnings per share for the current year.

Wall Street Analyst Weigh In

EVBG has been the subject of several recent analyst reports. Wells Fargo & Company upgraded shares of Everbridge from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, February 6th. Needham & Company LLC reiterated a “hold” rating on shares of Everbridge in a research note on Monday, February 5th. Robert W. Baird boosted their price objective on shares of Everbridge from $21.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 6th. Canaccord Genuity Group upped their price target on shares of Everbridge from $28.60 to $35.00 and gave the company a “hold” rating in a research note on Monday, March 4th. Finally, Truist Financial upped their price target on shares of Everbridge from $20.00 to $35.00 and gave the company a “hold” rating in a research note on Monday, March 4th. One investment analyst has rated the stock with a sell rating and ten have given a hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $29.00.

Read Our Latest Analysis on EVBG

Institutional Trading of Everbridge

A number of hedge funds have recently added to or reduced their stakes in EVBG. US Bancorp DE boosted its holdings in Everbridge by 53.1% during the first quarter. US Bancorp DE now owns 4,527 shares of the technology company’s stock worth $197,000 after buying an additional 1,570 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Everbridge by 42.4% during the first quarter. PNC Financial Services Group Inc. now owns 4,702 shares of the technology company’s stock worth $205,000 after acquiring an additional 1,399 shares during the period. MetLife Investment Management LLC acquired a new position in Everbridge during the first quarter worth $111,000. Great West Life Assurance Co. Can raised its position in Everbridge by 68.5% during the first quarter. Great West Life Assurance Co. Can now owns 133,250 shares of the technology company’s stock worth $5,957,000 after acquiring an additional 54,153 shares during the period. Finally, Synovus Financial Corp raised its position in Everbridge by 38.0% during the first quarter. Synovus Financial Corp now owns 6,595 shares of the technology company’s stock worth $286,000 after acquiring an additional 1,817 shares during the period. 89.95% of the stock is owned by hedge funds and other institutional investors.

Everbridge Company Profile

(Get Free Report)

Everbridge, Inc engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events. Its SaaS-based CEM platform enables customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.

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Insider Buying and Selling by Quarter for Everbridge (NASDAQ:EVBG)

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