Insider Selling: Zendesk Inc (ZEN) CFO Sells $125,000.00 in Stock

Zendesk Inc (NYSE:ZEN) CFO Elena Gomez sold 2,500 shares of Zendesk stock in a transaction that occurred on Tuesday, April 17th. The stock was sold at an average price of $50.00, for a total value of $125,000.00. Following the transaction, the chief financial officer now owns 11,298 shares of the company’s stock, valued at $564,900. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

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  • On Tuesday, March 27th, Elena Gomez sold 5,000 shares of Zendesk stock. The stock was sold at an average price of $50.00, for a total value of $250,000.00.
  • On Tuesday, March 20th, Elena Gomez sold 500 shares of Zendesk stock. The stock was sold at an average price of $46.04, for a total value of $23,020.00.
  • On Tuesday, February 20th, Elena Gomez sold 500 shares of Zendesk stock. The stock was sold at an average price of $41.99, for a total value of $20,995.00.

Shares of NYSE ZEN opened at $50.48 on Friday. Zendesk Inc has a 52-week low of $24.49 and a 52-week high of $50.91. The firm has a market cap of $5,216.63, a PE ratio of -49.01 and a beta of 1.51.



Zendesk (NYSE:ZEN) last announced its quarterly earnings data on Tuesday, February 6th. The software maker reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.03. Zendesk had a negative net margin of 25.70% and a negative return on equity of 32.48%. The company had revenue of $123.43 million during the quarter, compared to analysts’ expectations of $119.68 million. During the same period in the previous year, the company earned ($0.04) EPS. The business’s quarterly revenue was up 39.3% compared to the same quarter last year. sell-side analysts predict that Zendesk Inc will post -1 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cerebellum GP LLC purchased a new stake in shares of Zendesk during the 4th quarter valued at $132,000. SG Americas Securities LLC purchased a new stake in shares of Zendesk during the 3rd quarter valued at $193,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Zendesk by 47.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,723 shares of the software maker’s stock valued at $194,000 after buying an additional 1,836 shares during the period. First Mercantile Trust Co. purchased a new stake in shares of Zendesk during the 4th quarter valued at $210,000. Finally, Invictus RG purchased a new stake in shares of Zendesk during the 4th quarter valued at $268,000. 93.22% of the stock is owned by institutional investors.

Several research analysts have weighed in on ZEN shares. Piper Jaffray reiterated a “buy” rating and issued a $46.00 price target on shares of Zendesk in a report on Wednesday, February 7th. Guggenheim reiterated a “buy” rating and issued a $44.00 price target on shares of Zendesk in a report on Wednesday, February 7th. Bank of America boosted their price target on Zendesk from $38.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Craig Hallum reiterated a “buy” rating and issued a $45.00 price target (up from $37.00) on shares of Zendesk in a report on Wednesday, February 7th. Finally, Zacks Investment Research upgraded Zendesk from a “hold” rating to a “buy” rating and set a $41.00 price target for the company in a report on Sunday, January 21st. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $42.33.

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About Zendesk

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, in applications, and on mobile devices; Zendesk Talk, a cloud-based call center software; Zendesk Guide, a knowledge base that for customer self-service and support agent productivity; Zendesk Message, a customer messaging software; and Zendesk Explore that makes customer data accessible across an organization.

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

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