News stories about Shotspotter (NASDAQ:SSTI) have been trending somewhat negative this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shotspotter earned a news sentiment score of -0.03 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.382725177827 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of brokerages recently commented on SSTI. Imperial Capital restated an “outperform” rating and issued a $24.00 price objective (up previously from $19.75) on shares of Shotspotter in a research report on Thursday, February 22nd. Zacks Investment Research downgraded shares of Shotspotter from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Finally, Northland Securities raised their price objective on shares of Shotspotter from $20.00 to $30.00 and gave the company an “outperform” rating in a research report on Wednesday, February 21st.
Shares of Shotspotter stock opened at $23.85 on Thursday. Shotspotter has a 12-month low of $9.33 and a 12-month high of $24.54.
In related news, Director Pascal Levensohn sold 15,000 shares of Shotspotter stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $18.56, for a total transaction of $278,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ralph A. Clark acquired 1,500 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were bought at an average price of $17.14 per share, with a total value of $25,710.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 990,690 shares of company stock valued at $15,029,583.
Shotspotter Company Profile
ShotSpotter, Inc is engaged in designing and delivering gunfire alert and analysis solutions. The Company offers its software solutions on a SaaS-based subscription model. It has one operating segment with one business activity, providing gunshot detection systems. Its safety solutions include ShotSpotter Flex, ShotSpotter (SST) SecureCampus and ShotSpotter SiteSecure.
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