Coupa Software Inc (NASDAQ:COUP) insider Anthony D. Tiscornia sold 782 shares of the business’s stock in a transaction that occurred on Wednesday, December 12th. The stock was sold at an average price of $65.04, for a total value of $50,861.28. Following the sale, the insider now directly owns 521 shares in the company, valued at approximately $33,885.84. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Anthony D. Tiscornia also recently made the following trade(s):
- On Friday, September 21st, Anthony D. Tiscornia sold 904 shares of Coupa Software stock. The stock was sold at an average price of $76.75, for a total value of $69,382.00.
COUP stock traded down $1.16 on Friday, reaching $64.53. The company had a trading volume of 605,337 shares, compared to its average volume of 1,319,211. Coupa Software Inc has a 1 year low of $30.65 and a 1 year high of $84.53. The firm has a market cap of $3.84 billion, a P/E ratio of -84.91 and a beta of 1.76.
Several brokerages have recently commented on COUP. Loop Capital raised Coupa Software from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Sunday, December 9th. Zacks Investment Research raised Coupa Software from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research note on Thursday, December 6th. Barclays boosted their price target on Coupa Software from $69.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 4th. UBS Group decreased their price target on Coupa Software from $90.00 to $80.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 4th. Finally, Northland Securities lowered Coupa Software from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 11th. Six research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $63.94.
A number of hedge funds have recently bought and sold shares of COUP. BlackRock Inc. lifted its stake in Coupa Software by 58.9% in the 2nd quarter. BlackRock Inc. now owns 3,042,360 shares of the technology company’s stock valued at $189,357,000 after buying an additional 1,128,149 shares in the last quarter. Jackson Square Partners LLC acquired a new position in Coupa Software in the 3rd quarter valued at $87,361,000. FMR LLC raised its holdings in Coupa Software by 42.3% in the 2nd quarter. FMR LLC now owns 1,774,407 shares of the technology company’s stock valued at $110,439,000 after acquiring an additional 527,529 shares during the last quarter. Soros Fund Management LLC acquired a new position in Coupa Software in the 2nd quarter valued at $31,120,000. Finally, Vanguard Group Inc raised its holdings in Coupa Software by 11.3% in the 3rd quarter. Vanguard Group Inc now owns 4,610,782 shares of the technology company’s stock valued at $364,712,000 after acquiring an additional 467,714 shares during the last quarter. 96.76% of the stock is currently owned by hedge funds and other institutional investors.
ILLEGAL ACTIVITY NOTICE: “Coupa Software Inc (COUP) Insider Sells $50,861.28 in Stock” was reported by WKRB News and is the sole property of of WKRB News. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.wkrb13.com/2018/12/16/coupa-software-inc-coup-insider-sells-50861-28-in-stock.html.
Coupa Software Company Profile
Coupa Software Incorporated provides cloud-based spend management platform. The company's platform connects organization with suppliers globally; and provides visibility into and control over how companies spend money, as well as enables businesses to achieve savings that drive profitability. Its platform consists of procurement, invoicing, and expense management modules that form its transactional engine and capture a company's spend; and offers supporting modules, including sourcing, spend analysis, contract management, supplier management, and inventory management.
Recommended Story: Technical Analysis of Stocks and What It Means
Receive News & Ratings for Coupa Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coupa Software and related companies with MarketBeat.com's FREE daily email newsletter.