SVMK Inc (NASDAQ:SVMK) President Thomas E. Hale sold 23,432 shares of the stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $16.39, for a total transaction of $384,050.48. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
SVMK stock opened at $17.03 on Friday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.27. SVMK Inc has a 1-year low of $10.05 and a 1-year high of $20.00.
SVMK (NASDAQ:SVMK) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.13. The company had revenue of $68.64 million during the quarter, compared to the consensus estimate of $68.13 million. During the same period in the previous year, the company earned ($0.06) earnings per share. SVMK’s quarterly revenue was up 17.4% on a year-over-year basis. As a group, equities research analysts forecast that SVMK Inc will post -0.59 EPS for the current year.
A number of analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of SVMK from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine lowered shares of SVMK from a “buy” rating to a “hold” rating in a report on Monday, February 4th. JPMorgan Chase & Co. increased their target price on shares of SVMK from $16.00 to $19.00 and gave the stock an “overweight” rating in a report on Friday, March 29th. SunTrust Banks increased their target price on shares of SVMK to $19.00 and gave the stock a “positive” rating in a report on Thursday, March 28th. Finally, Stephens assumed coverage on shares of SVMK in a report on Friday, March 22nd. They set an “overweight” rating and a $20.00 target price for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus 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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