Anaplan Inc (NYSE:PLAN) CEO Frank Calderoni Sells 30,000 Shares

Share on StockTwits

Anaplan Inc (NYSE:PLAN) CEO Frank Calderoni sold 30,000 shares of the firm’s stock in a transaction dated Friday, October 11th. The shares were sold at an average price of $43.74, for a total transaction of $1,312,200.00.

Frank Calderoni also recently made the following trade(s):

  • On Monday, September 23rd, Frank Calderoni sold 54,779 shares of Anaplan stock. The shares were sold at an average price of $52.35, for a total transaction of $2,867,680.65.
  • On Thursday, September 12th, Frank Calderoni sold 33,507 shares of Anaplan stock. The shares were sold at an average price of $48.10, for a total transaction of $1,611,686.70.
  • On Monday, July 29th, Frank Calderoni sold 51,404 shares of Anaplan stock. The shares were sold at an average price of $57.91, for a total transaction of $2,976,805.64.
  • On Tuesday, August 20th, Frank Calderoni sold 49,526 shares of Anaplan stock. The stock was sold at an average price of $57.77, for a total transaction of $2,861,117.02.
  • On Monday, July 22nd, Frank Calderoni sold 49,703 shares of Anaplan stock. The stock was sold at an average price of $56.03, for a total transaction of $2,784,859.09.

NYSE PLAN opened at $43.81 on Friday. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.11. Anaplan Inc has a 12-month low of $20.37 and a 12-month high of $60.36. The company has a market capitalization of $6.30 billion and a PE ratio of -25.47. The firm’s 50 day moving average is $49.69 and its 200-day moving average is $47.77.

Anaplan (NYSE:PLAN) last posted its quarterly earnings data on Tuesday, August 27th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.01). Anaplan had a negative net margin of 50.87% and a negative return on equity of 46.52%. The business had revenue of $84.50 million during the quarter, compared to analyst estimates of $78.25 million. The company’s revenue was up 46.2% compared to the same quarter last year. As a group, sell-side analysts expect that Anaplan Inc will post -1.12 EPS for the current year.

PLAN has been the topic of several recent analyst reports. Monness Crespi & Hardt set a $62.00 price objective on shares of Anaplan and gave the stock a “buy” rating in a research note on Wednesday, August 21st. Goldman Sachs Group lifted their price objective on shares of Anaplan from $62.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Canaccord Genuity lifted their price objective on shares of Anaplan from $50.00 to $65.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Deutsche Bank initiated coverage on shares of Anaplan in a research note on Wednesday, July 24th. They set a “buy” rating and a $70.00 price objective on the stock. Finally, Royal Bank of Canada initiated coverage on shares of Anaplan in a research note on Wednesday, August 28th. They set an “outperform” rating and a $70.00 price objective on the stock. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $57.44.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC acquired a new stake in shares of Anaplan in the second quarter valued at approximately $35,000. Advisory Services Network LLC acquired a new stake in shares of Anaplan in the first quarter valued at approximately $39,000. Quantamental Technologies LLC acquired a new stake in shares of Anaplan in the second quarter valued at approximately $43,000. Point72 Hong Kong Ltd acquired a new stake in shares of Anaplan in the second quarter valued at approximately $54,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Anaplan in the second quarter valued at approximately $58,000. Institutional investors own 62.66% of the company’s stock.

About Anaplan

Anaplan, Inc engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. It also offers professional services, including consulting, implementation, and training. The company was founded by Michael Gould, John David Guy Haddleton, and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.

Recommended Story: Why is cost of goods sold important?

Insider Buying and Selling by Quarter for Anaplan (NYSE:PLAN)

Receive News & Ratings for Anaplan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anaplan and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.