Elena Gomez Sells 5,500 Shares of Zendesk Inc (ZEN) Stock

Zendesk Inc (NYSE:ZEN) CFO Elena Gomez sold 5,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $83.54, for a total transaction of $459,470.00. Following the completion of the sale, the chief financial officer now directly owns 28,197 shares in the company, valued at $2,355,577.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Elena Gomez also recently made the following trade(s):

  • On Thursday, February 21st, Elena Gomez sold 6,000 shares of Zendesk stock. The shares were sold at an average price of $76.70, for a total transaction of $460,200.00.
  • On Monday, February 4th, Elena Gomez sold 2,000 shares of Zendesk stock. The shares were sold at an average price of $70.00, for a total transaction of $140,000.00.
  • On Wednesday, January 23rd, Elena Gomez sold 500 shares of Zendesk stock. The shares were sold at an average price of $65.00, for a total transaction of $32,500.00.
  • On Friday, January 18th, Elena Gomez sold 1,500 shares of Zendesk stock. The shares were sold at an average price of $65.00, for a total transaction of $97,500.00.

NYSE ZEN traded up $1.62 on Thursday, hitting $85.64. 1,319,210 shares of the stock were exchanged, compared to its average volume of 2,012,489. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.10. Zendesk Inc has a fifty-two week low of $44.42 and a fifty-two week high of $86.13. The stock has a market capitalization of $9.21 billion, a PE ratio of -90.15 and a beta of 1.66.

Zendesk (NYSE:ZEN) last posted its quarterly earnings results on Tuesday, February 5th. The software maker reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.28) by $0.38. Zendesk had a negative net margin of 21.89% and a negative return on equity of 24.19%. The company had revenue of $172.25 million during the quarter, compared to analysts’ expectations of $165.56 million. During the same quarter in the previous year, the business posted ($0.01) EPS. The firm’s revenue was up 41.3% on a year-over-year basis. On average, equities research analysts expect that Zendesk Inc will post -0.96 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Zendesk by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 8,930,795 shares of the software maker’s stock worth $634,087,000 after acquiring an additional 360,069 shares in the last quarter. Vanguard Group Inc grew its holdings in Zendesk by 4.2% during the 3rd quarter. Vanguard Group Inc now owns 8,930,795 shares of the software maker’s stock worth $634,087,000 after acquiring an additional 360,069 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Zendesk by 3.3% during the 3rd quarter. Janus Henderson Group PLC now owns 3,678,304 shares of the software maker’s stock worth $261,160,000 after acquiring an additional 118,127 shares in the last quarter. Franklin Resources Inc. grew its holdings in Zendesk by 6.1% during the 3rd quarter. Franklin Resources Inc. now owns 3,013,314 shares of the software maker’s stock worth $213,943,000 after acquiring an additional 172,294 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in Zendesk by 20.8% during the 3rd quarter. Deutsche Bank AG now owns 2,191,966 shares of the software maker’s stock worth $155,628,000 after acquiring an additional 377,797 shares in the last quarter. Institutional investors own 95.68% of the company’s stock.

A number of brokerages recently weighed in on ZEN. Zacks Investment Research cut shares of Zendesk from a “buy” rating to a “hold” rating in a report on Thursday. Cowen lifted their price objective on shares of Zendesk from $72.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, February 6th. Jefferies Financial Group lifted their price objective on shares of Zendesk to $90.00 and gave the company a “buy” rating in a report on Wednesday, February 6th. Bank of America lifted their price objective on shares of Zendesk from $68.00 to $86.00 and gave the company a “buy” rating in a report on Wednesday, February 6th. Finally, Craig Hallum lifted their price objective on shares of Zendesk from $68.00 to $84.00 and gave the company a “buy” rating in a report on Wednesday, February 6th. Four analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $77.44.

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Zendesk Company Profile

Zendesk, Inc, a software development company, provides SaaS products for organizations. Its flagship product is Zendesk Support, a system for tracking, prioritizing, and solving customer support tickets across various channels. The company also offers Zendesk Chat, a live chat software to connect with customers on Websites, applications, and mobile devices; Zendesk Talk, a cloud-based call center software; Zendesk Guide, a knowledge base that powers customer self-service and support agent productivity; Zendesk Sell, a sales force automation software to enhance productivity, processes, and pipeline visibility for sales teams; Zendesk Connect that manages customer communication across channels; and Zendesk Explore, which provides analytics for businesses to measure and enhance the customer experience.

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Insider Buying and Selling by Quarter for Zendesk (NYSE:ZEN)

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