Zendesk, Inc. (NYSE:ZEN) CFO Elena Gomez sold 17,845 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $35.00, for a total value of $624,575.00. Following the completion of the transaction, the chief financial officer now directly owns 20,770 shares of the company’s stock, valued at $726,950. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Elena Gomez also recently made the following trade(s):
- On Thursday, November 2nd, Elena Gomez sold 13,155 shares of Zendesk stock. The shares were sold at an average price of $35.00, for a total value of $460,425.00.
- On Thursday, October 19th, Elena Gomez sold 1,200 shares of Zendesk stock. The shares were sold at an average price of $30.10, for a total value of $36,120.00.
- On Wednesday, September 20th, Elena Gomez sold 1,200 shares of Zendesk stock. The shares were sold at an average price of $28.87, for a total value of $34,644.00.
- On Tuesday, August 15th, Elena Gomez sold 1,431 shares of Zendesk stock. The shares were sold at an average price of $27.06, for a total value of $38,722.86.
Shares of Zendesk, Inc. (ZEN) opened at $34.99 on Tuesday. Zendesk, Inc. has a twelve month low of $19.77 and a twelve month high of $35.89.
Zendesk (NYSE:ZEN) last issued its earnings results on Wednesday, November 1st. The software maker reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. The company had revenue of $112.79 million during the quarter, compared to analysts’ expectations of $109.19 million. Zendesk had a negative return on equity of 32.50% and a negative net margin of 27.43%. The firm’s quarterly revenue was up 39.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.04) EPS. sell-side analysts expect that Zendesk, Inc. will post -1.03 EPS for the current fiscal year.
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A number of analysts have recently commented on ZEN shares. Piper Jaffray Companies restated a “buy” rating and issued a $33.00 price objective on shares of Zendesk in a research report on Tuesday, September 12th. KeyCorp restated a “buy” rating and issued a $35.00 price objective on shares of Zendesk in a research report on Friday, August 25th. BidaskClub cut Zendesk from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. Zacks Investment Research upgraded Zendesk from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Thursday, October 5th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $35.00 price objective on shares of Zendesk in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. Zendesk currently has an average rating of “Buy” and an average target price of $34.13.
Large investors have recently modified their holdings of the business. Canada Pension Plan Investment Board purchased a new stake in Zendesk in the 3rd quarter valued at $105,000. Oppenheimer Asset Management Inc. purchased a new stake in Zendesk in the 1st quarter valued at $103,000. Advisor Group Inc. grew its holdings in Zendesk by 44.3% in the 2nd quarter. Advisor Group Inc. now owns 3,701 shares of the software maker’s stock valued at $103,000 after buying an additional 1,137 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Zendesk by 10.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,887 shares of the software maker’s stock valued at $108,000 after buying an additional 352 shares in the last quarter. Finally, Fortaleza Asset Management Inc. purchased a new stake in Zendesk in the 2nd quarter valued at $115,000. Institutional investors own 95.49% of the company’s stock.
Zendesk, Inc (Zendesk) is a software development company. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.
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