Zendesk, Inc. (NYSE:ZEN) CFO Elena Gomez sold 17,845 shares of Zendesk stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $35.00, for a total value of $624,575.00. Following the transaction, the chief financial officer now directly owns 20,770 shares in the company, valued at $726,950. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
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. (NYSE:ZEN) opened at $34.92 on Wednesday. Zendesk, Inc. has a 12 month low of $19.77 and a 12 month high of $35.89.
Zendesk (NYSE:ZEN) last released its quarterly earnings data on Wednesday, November 1st. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. Zendesk had a negative return on equity of 32.50% and a negative net margin of 27.43%. The business had revenue of $112.79 million for the quarter, compared to the consensus estimate of $109.19 million. During the same quarter in the previous year, the company posted ($0.04) EPS. The company’s revenue was up 39.7% compared to the same quarter last year. research analysts anticipate that Zendesk, Inc. will post -1.03 EPS for the current fiscal year.
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A number of large investors have recently added to or reduced their stakes in ZEN. Oppenheimer Asset Management Inc. bought a new stake in Zendesk in the 1st quarter worth approximately $103,000. Advisor Group Inc. increased its stake in Zendesk by 44.3% in the 2nd quarter. Advisor Group Inc. now owns 3,701 shares of the software maker’s stock worth $103,000 after acquiring an additional 1,137 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in Zendesk in the 3rd quarter worth approximately $105,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Zendesk by 10.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,887 shares of the software maker’s stock worth $108,000 after acquiring an additional 352 shares during the last quarter. Finally, Fortaleza Asset Management Inc. bought a new stake in Zendesk in the 2nd quarter worth approximately $115,000. 95.49% of the stock is currently owned by institutional investors and hedge funds.
ZEN has been the topic of a number of analyst reports. Stephens cut Zendesk from an “equal weight” rating to an “underweight” rating and set a $25.00 price objective on the stock. in a research report on Monday, October 9th. Morgan Stanley lifted their price objective on Zendesk from $33.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, October 23rd. Zacks Investment Research raised Zendesk from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Thursday, October 5th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Zendesk in a research report on Friday, July 21st. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $33.00 price objective on shares of Zendesk in a research report on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $34.13.
Zendesk Company Profile
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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