SVMK Inc (NASDAQ:SVMK) insider Rebecca Cantieri sold 3,413 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $16.39, for a total value of $55,939.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Rebecca Cantieri also recently made the following trade(s):
- On Wednesday, February 27th, Rebecca Cantieri sold 3,649 shares of SVMK stock. The shares were sold at an average price of $14.00, for a total value of $51,086.00.
- On Friday, February 22nd, Rebecca Cantieri sold 7,500 shares of SVMK stock. The shares were sold at an average price of $13.50, for a total value of $101,250.00.
SVMK stock traded up $0.33 during trading hours on Friday, hitting $17.03. The stock had a trading volume of 745,600 shares, compared to its average volume of 1,307,297. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.27. The stock has a market cap of $2.14 billion and a price-to-earnings ratio of -11.91. SVMK Inc has a fifty-two week low of $10.05 and a fifty-two week high of $20.00.
SVMK (NASDAQ:SVMK) last posted its quarterly earnings results on Wednesday, May 8th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.13. The firm had revenue of $68.64 million during the quarter, compared to analyst estimates of $68.13 million. The company’s revenue was up 17.4% on a year-over-year basis. During the same period last year, the company earned ($0.06) EPS. On average, analysts expect that SVMK Inc will post -0.59 earnings per share for the current fiscal year.
A number of institutional investors have recently bought and sold shares of the business. Rhumbline Advisers raised its holdings in SVMK by 3.3% in the 1st quarter. Rhumbline Advisers now owns 21,722 shares of the company’s stock valued at $396,000 after acquiring an additional 692 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in SVMK by 1.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 90,950 shares of the company’s stock valued at $1,657,000 after acquiring an additional 1,604 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in SVMK by 3,055.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,786 shares of the company’s stock valued at $69,000 after acquiring an additional 3,666 shares in the last quarter. Strs Ohio acquired a new position in shares of SVMK in the 4th quarter worth approximately $58,000. Finally, Pennsylvania Trust Co acquired a new position in shares of SVMK in the 1st quarter worth approximately $433,000. 59.36% of the stock is owned by hedge funds and other institutional investors.
Several brokerages have recently weighed in on SVMK. Zacks Investment Research lowered SVMK from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine lowered SVMK from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. JPMorgan Chase & Co. upped their price target on SVMK from $16.00 to $19.00 and gave the company an “overweight” rating in a research report on Friday, March 29th. SunTrust Banks boosted their target price on SVMK to $19.00 and gave the company a “positive” rating in a research note on Thursday, March 28th. Finally, Stephens began coverage on SVMK in a research note on Friday, March 22nd. They issued an “overweight” rating and a $20.00 target price on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $16.38.
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SVMK Company Profile
SVMK Inc provides survey software products and purpose-built solutions that enable organizations to engage with their customers, employees, and the markets they serve in the United States and internationally. Its cloud-based SaaS platform helps individuals and organizations to design and distribute surveys that generate an average of approximately 20 million answered questions daily across approximately 190 countries and territories.
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