Henry Tayloe Stansbury Sells 10,000 Shares of Coupa Software Inc (NASDAQ:COUP) Stock

Coupa Software Inc (NASDAQ:COUP) Director Henry Tayloe Stansbury sold 10,000 shares of the stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $148.45, for a total transaction of $1,484,500.00. Following the sale, the director now directly owns 18,307 shares in the company, valued at $2,717,674.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Monday, August 5th, Henry Tayloe Stansbury sold 5,000 shares of Coupa Software stock. The stock was sold at an average price of $132.22, for a total transaction of $661,100.00.
  • On Friday, July 5th, Henry Tayloe Stansbury sold 5,000 shares of Coupa Software stock. The stock was sold at an average price of $135.15, for a total transaction of $675,750.00.
  • 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 transaction of $593,000.00.

Shares of COUP traded down $4.81 during mid-day trading on Friday, hitting $148.60. 1,578,851 shares of the company were exchanged, compared to its average volume of 1,473,196. Coupa Software Inc has a 1-year low of $52.01 and a 1-year high of $156.16. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50 day moving average of $139.90 and a 200-day moving average of $115.29. The stock has a market cap of $9.48 billion, a price-to-earnings ratio of -221.79 and a beta of 1.60.

Coupa Software (NASDAQ:COUP) last released its quarterly earnings results on Tuesday, September 3rd. The technology company reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.44) by $0.19. Coupa Software had a negative net margin of 20.91% and a negative return on equity of 15.26%. The firm had revenue of $95.00 million during the quarter, compared to the consensus estimate of $85.38 million. During the same quarter in the prior year, the firm earned $0.05 EPS. The company’s revenue for the quarter was up 54.0% on a year-over-year basis. Research analysts anticipate that Coupa Software Inc will post -1.13 earnings per share for the current fiscal year.

COUP has been the topic of several recent analyst reports. Oppenheimer increased their target price on shares of Coupa Software from $160.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday. KeyCorp increased their target price on shares of Coupa Software from $171.00 to $178.00 and gave the stock an “overweight” rating in a research note on Wednesday. ValuEngine raised shares of Coupa Software from a “buy” rating to a “strong-buy” rating in a research note on Friday. Bank of America increased their target price on shares of Coupa Software from $168.00 to $178.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Royal Bank of Canada increased their target price on shares of Coupa Software from $135.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday. Seven research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Coupa Software has a consensus rating of “Buy” and a consensus price target of $151.06.

Several institutional investors and hedge funds have recently added to or reduced their stakes in COUP. Nisa Investment Advisors LLC raised its holdings in Coupa Software by 39.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 405 shares of the technology company’s stock valued at $51,000 after acquiring an additional 115 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Coupa Software by 4.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,814 shares of the technology company’s stock valued at $256,000 after acquiring an additional 121 shares during the last quarter. Neuburgh Advisers LLC raised its holdings in Coupa Software by 100.0% in the 2nd quarter. Neuburgh Advisers LLC now owns 352 shares of the technology company’s stock valued at $45,000 after acquiring an additional 176 shares during the last quarter. Advantage Investment Management LLC acquired a new stake in Coupa Software in the 2nd quarter valued at about $25,000. Finally, Glen Harbor Capital Management LLC raised its holdings in Coupa Software by 100.0% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 484 shares of the technology company’s stock valued at $61,000 after acquiring an additional 242 shares during the last quarter.

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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