Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Xactly Corp (XTLY) Share Price

Media coverage about Xactly Corp (NASDAQ:XTLY) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xactly Corp earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.0435246955907 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Separately, BidaskClub lowered shares of Xactly Corp from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $17.28.

Xactly Corp (NASDAQ:XTLY) traded up 0.26% during midday trading on Friday, hitting $15.65. 855,051 shares of the company were exchanged. Xactly Corp has a 1-year low of $10.60 and a 1-year high of $15.65.

In other news, COO L Evan Ellis, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $15.60, for a total transaction of $156,000.00. Following the completion of the transaction, the chief operating officer now directly owns 269,749 shares of the company’s stock, valued at $4,208,084.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Joseph C. Consul sold 3,333 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of $15.60, for a total transaction of $51,994.80. Following the transaction, the chief financial officer now directly owns 57,826 shares of the company’s stock, valued at $902,085.60. The disclosure for this sale can be found here.

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About Xactly Corp

Xactly Corporation is a provider of cloud-based incentive compensation solutions for employee and sales performance management. The Company delivers its solutions through a software-as-a-service (SaaS) business model. The Company has a customer base, including companies in various industries, such as business and financial services, communications, life sciences, media and Internet, SaaS and traditional software, and retail.

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