Imad Mouline Sells 22,900 Shares of Everbridge Inc (NASDAQ:EVBG) Stock

Everbridge Inc (NASDAQ:EVBG) SVP Imad Mouline sold 22,900 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $31.73, for a total transaction of $726,617.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Imad Mouline also recently made the following trade(s):

  • On Friday, December 22nd, Imad Mouline sold 6,986 shares of Everbridge stock. The shares were sold at an average price of $28.50, for a total transaction of $199,101.00.

Shares of Everbridge Inc (NASDAQ:EVBG) traded up $0.72 during trading on Friday, reaching $30.83. 297,658 shares of the company were exchanged, compared to its average volume of 228,066. The company has a market capitalization of $871.10, a P/E ratio of -51.38 and a beta of 1.67. Everbridge Inc has a 12 month low of $16.63 and a 12 month high of $33.85.

A number of institutional investors have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. raised its position in Everbridge by 124.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 62,472 shares of the technology company’s stock worth $1,522,000 after acquiring an additional 34,636 shares during the period. Rhumbline Advisers bought a new position in Everbridge in the second quarter worth approximately $452,000. Bank of New York Mellon Corp raised its position in Everbridge by 67.8% in the second quarter. Bank of New York Mellon Corp now owns 198,687 shares of the technology company’s stock worth $4,840,000 after acquiring an additional 80,245 shares during the period. Legal & General Group Plc raised its position in Everbridge by 196.3% in the second quarter. Legal & General Group Plc now owns 4,355 shares of the technology company’s stock worth $107,000 after acquiring an additional 2,885 shares during the period. Finally, Wells Fargo & Company MN raised its position in Everbridge by 21.5% in the second quarter. Wells Fargo & Company MN now owns 33,598 shares of the technology company’s stock worth $818,000 after acquiring an additional 5,946 shares during the period. Institutional investors own 65.90% of the company’s stock.

A number of equities research analysts have recently commented on EVBG shares. Needham & Company LLC increased their price target on shares of Everbridge from $28.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, November 7th. Zacks Investment Research upgraded shares of Everbridge from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Friday, November 10th. Canaccord Genuity reiterated a “buy” rating and set a $33.00 price target (up previously from $28.00) on shares of Everbridge in a report on Tuesday, November 7th. Stifel Nicolaus restated a “buy” rating and set a $33.00 price objective on shares of Everbridge in a research report on Thursday, January 11th. Finally, Credit Suisse Group restated an “outperform” rating and set a $30.00 price objective (up previously from $26.50) on shares of Everbridge in a research report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company’s stock. Everbridge has an average rating of “Buy” and an average target price of $32.11.

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About Everbridge

Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.

Insider Buying and Selling by Quarter for Everbridge (NASDAQ:EVBG)

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