Patrick Brickley Sells 2,967 Shares of Everbridge, Inc. (NASDAQ:EVBG) Stock


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Everbridge, Inc. (NASDAQ:EVBG) CFO Patrick Brickley sold 2,967 shares of the business’s stock in a transaction dated Monday, February 22nd. The shares were sold at an average price of $158.02, for a total transaction of $468,845.34. Following the transaction, the chief financial officer now owns 630 shares in the company, valued at approximately $99,552.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Patrick Brickley also recently made the following trade(s):

  • On Friday, February 19th, Patrick Brickley sold 5,964 shares of Everbridge stock. The shares were sold at an average price of $160.46, for a total transaction of $956,983.44.
  • On Monday, February 1st, Patrick Brickley sold 14,032 shares of Everbridge stock. The stock was sold at an average price of $132.60, for a total transaction of $1,860,643.20.

Shares of NASDAQ:EVBG traded down $0.46 during trading on Tuesday, reaching $159.46. 637,045 shares of the stock traded hands, compared to its average volume of 495,585. The stock has a 50-day moving average of $142.73 and a two-hundred day moving average of $133.01. Everbridge, Inc. has a 52-week low of $94.01 and a 52-week high of $178.98. The company has a debt-to-equity ratio of 1.81, a quick ratio of 2.83 and a current ratio of 2.83. The stock has a market cap of $5.57 billion, a P/E ratio of -66.72 and a beta of 0.75.

Everbridge (NASDAQ:EVBG) last issued its quarterly earnings data on Wednesday, February 17th. The technology company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.01. The company had revenue of $75.61 million for the quarter, compared to the consensus estimate of $72.48 million. Everbridge had a negative net margin of 32.43% and a negative return on equity of 18.82%. Sell-side analysts expect that Everbridge, Inc. will post -1.43 earnings per share for the current year.

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Everbridge from a “neutral” rating to an “overweight” rating and set a $200.00 price objective on the stock in a report on Friday. Canaccord Genuity upped their price objective on shares of Everbridge from $170.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, November 6th. Northland Securities upped their price objective on shares of Everbridge from $155.00 to $165.00 in a report on Friday. Zacks Investment Research cut shares of Everbridge from a “buy” rating to a “hold” rating in a report on Tuesday, November 3rd. Finally, Credit Suisse Group cut shares of Everbridge from an “outperform” rating to a “neutral” rating and set a $145.00 price objective on the stock. in a report on Friday, January 15th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Everbridge has an average rating of “Buy” and an average target price of $157.92.

Institutional investors have recently modified their holdings of the stock. Huntington National Bank lifted its position in Everbridge by 83.0% during the fourth quarter. Huntington National Bank now owns 183 shares of the technology company’s stock valued at $27,000 after purchasing an additional 83 shares during the period. Capstone Triton Financial Group LLC bought a new stake in shares of Everbridge during the 4th quarter valued at $29,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Everbridge during the 3rd quarter valued at $30,000. CWM LLC purchased a new position in Everbridge during the fourth quarter valued at $41,000. Finally, Nisa Investment Advisors LLC grew its stake in Everbridge by 235.3% during the third quarter. Nisa Investment Advisors LLC now owns 285 shares of the technology company’s stock valued at $36,000 after acquiring an additional 200 shares in the last quarter.

Everbridge Company Profile

Everbridge, Inc operates as a software company in the United States and internationally. The company's Critical Event Management, a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification that enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before, during, and after natural or man-made disasters, and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management that enables organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate with members of their teams during an IT incident or outage.

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