Coupa Software Inc (NASDAQ:COUP) Director Henry Tayloe Stansbury Sells 5,000 Shares

Coupa Software Inc (NASDAQ:COUP) Director Henry Tayloe Stansbury sold 5,000 shares of the company’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $135.15, for a total value of $675,750.00. Following the transaction, the director now owns 13,307 shares of the company’s stock, valued at $1,798,441.05. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Henry Tayloe Stansbury also recently made the following trade(s):

  • On Tuesday, June 11th, Henry Tayloe Stansbury sold 5,000 shares of Coupa Software stock. The stock was sold at an average price of $118.60, for a total value of $593,000.00.
  • On Monday, May 6th, Henry Tayloe Stansbury sold 5,000 shares of Coupa Software stock. The stock was sold at an average price of $103.89, for a total value of $519,450.00.

Shares of COUP stock opened at $137.02 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.07. Coupa Software Inc has a 1 year low of $52.01 and a 1 year high of $138.66. The stock’s fifty day simple moving average is $121.30. The firm has a market cap of $8.43 billion, a price-to-earnings ratio of -204.51 and a beta of 1.61.

Coupa Software (NASDAQ:COUP) last announced its quarterly earnings results on Monday, June 3rd. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.26) by $0.29. Coupa Software had a negative return on equity of 14.29% and a negative net margin of 21.22%. The company had revenue of $81.30 million during the quarter, compared to analyst estimates of $73.85 million. During the same quarter in the previous year, the firm posted ($0.01) EPS. The firm’s quarterly revenue was up 44.1% on a year-over-year basis. As a group, analysts predict that Coupa Software Inc will post -1.19 EPS for the current year.

A number of research analysts recently commented on the company. Needham & Company LLC restated a “buy” rating and set a $140.00 price objective (up from $120.00) on shares of Coupa Software in a research note on Thursday, June 27th. KeyCorp restated an “overweight” rating and set a $136.00 price objective (up from $127.00) on shares of Coupa Software in a research note on Wednesday, June 26th. Bank of America upped their price objective on Coupa Software from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, June 26th. Zacks Investment Research upgraded Coupa Software from a “sell” rating to a “hold” rating in a research note on Thursday, June 20th. Finally, Oppenheimer upped their price objective on Coupa Software from $111.00 to $130.00 in a research note on Tuesday, June 18th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Coupa Software presently has a consensus rating of “Buy” and a consensus price target of $110.38.

A number of hedge funds have recently made changes to their positions in the business. Captrust Financial Advisors lifted its holdings in shares of Coupa Software by 58.1% in the fourth quarter. Captrust Financial Advisors now owns 438 shares of the technology company’s stock valued at $28,000 after buying an additional 161 shares during the period. PRW Wealth Management LLC acquired a new stake in shares of Coupa Software in the fourth quarter valued at $34,000. FNY Investment Advisers LLC acquired a new stake in shares of Coupa Software in the first quarter valued at $70,000. Advisor Group Inc. lifted its holdings in shares of Coupa Software by 114.5% in the fourth quarter. Advisor Group Inc. now owns 1,521 shares of the technology company’s stock valued at $96,000 after buying an additional 812 shares during the period. Finally, Pearl River Capital LLC acquired a new stake in shares of Coupa Software in the first quarter valued at $114,000. Institutional investors own 99.14% of the company’s stock.

Coupa Software Company Profile

Coupa Software, Inc engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company’s business spend.

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Insider Buying and Selling by Quarter for Coupa Software (NASDAQ:COUP)

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