Proofpoint Inc (NASDAQ:PFPT) saw some unusual options trading on Monday. Investors bought 4,227 call options on the stock. This represents an increase of approximately 2,302% compared to the typical daily volume of 176 call options.
Shares of Proofpoint (PFPT) traded up $1.93 on Wednesday, hitting $120.51. The company had a trading volume of 806,355 shares, compared to its average volume of 725,753. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $6,090.00, a P/E ratio of -61.48 and a beta of 1.31. Proofpoint has a one year low of $70.30 and a one year high of $123.87.
Proofpoint (NASDAQ:PFPT) last issued its quarterly earnings results on Tuesday, February 6th. The software maker reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.08. The company had revenue of $145.40 million during the quarter, compared to the consensus estimate of $139.61 million. Proofpoint had a negative return on equity of 54.09% and a negative net margin of 16.37%. Proofpoint’s revenue was up 36.1% on a year-over-year basis. During the same period last year, the business posted $0.18 earnings per share. sell-side analysts anticipate that Proofpoint will post -0.94 EPS for the current year.
In other Proofpoint news, CEO Gary Steele sold 40,000 shares of the stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $92.06, for a total value of $3,682,400.00. Following the transaction, the chief executive officer now owns 88,551 shares in the company, valued at $8,152,005.06. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Tracey Newell sold 8,183 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $91.24, for a total value of $746,616.92. Following the completion of the transaction, the executive vice president now owns 25,001 shares in the company, valued at approximately $2,281,091.24. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 139,303 shares of company stock worth $13,511,751. 5.96% of the stock is owned by corporate insiders.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Exane Derivatives increased its position in Proofpoint by 901.8% in the fourth quarter. Exane Derivatives now owns 1,713 shares of the software maker’s stock worth $152,000 after buying an additional 1,542 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Proofpoint in the second quarter worth $215,000. Gotham Asset Management LLC purchased a new stake in Proofpoint in the second quarter worth $222,000. Sigma Planning Corp purchased a new stake in Proofpoint in the fourth quarter worth $238,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in Proofpoint in the second quarter worth $253,000.
Proofpoint, Inc is a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive and govern their sensitive data. The Company’s security-as-a-service platform consists of an integrated suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication.
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