Proofpoint Inc (NASDAQ:PFPT) EVP Tracey Newell sold 8,183 shares of Proofpoint stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $96.54, for a total transaction of $789,986.82. Following the sale, the executive vice president now directly owns 23,376 shares of the company’s stock, valued at approximately $2,256,719.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Tracey Newell also recently made the following trade(s):

  • On Monday, December 18th, Tracey Newell sold 8,183 shares of Proofpoint stock. The shares were sold at an average price of $91.24, for a total transaction of $746,616.92.
  • On Friday, November 17th, Tracey Newell sold 8,183 shares of Proofpoint stock. The shares were sold at an average price of $89.96, for a total transaction of $736,142.68.

Shares of Proofpoint Inc (NASDAQ:PFPT) opened at $99.57 on Friday. The company has a market cap of $4,396.05, a price-to-earnings ratio of -45.05 and a beta of 1.32. Proofpoint Inc has a 52-week low of $70.30 and a 52-week high of $101.05. The company has a debt-to-equity ratio of 11.57, a current ratio of 1.51 and a quick ratio of 1.51.

Proofpoint (NASDAQ:PFPT) last posted its quarterly earnings data on Thursday, October 19th. The software maker reported $0.25 EPS for the quarter, beating the consensus estimate of $0.18 by $0.07. The business had revenue of $134.30 million for the quarter, compared to analysts’ expectations of $131.48 million. Proofpoint had a negative net margin of 20.19% and a negative return on equity of 158.19%. The firm’s revenue was up 34.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.19 EPS. equities analysts predict that Proofpoint Inc will post -0.88 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on PFPT shares. Robert W. Baird reissued a “hold” rating and issued a $100.00 price target on shares of Proofpoint in a report on Tuesday, November 7th. Deutsche Bank reissued a “buy” rating and issued a $114.00 price target (up previously from $100.00) on shares of Proofpoint in a report on Wednesday, October 18th. Monness Crespi & Hardt started coverage on shares of Proofpoint in a report on Monday, October 16th. They issued a “buy” rating and a $110.00 price target for the company. Piper Jaffray Companies reissued a “buy” rating and issued a $112.00 price target on shares of Proofpoint in a report on Friday, November 24th. Finally, Imperial Capital boosted their price target on shares of Proofpoint from $102.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have assigned a buy rating to the company. Proofpoint currently has an average rating of “Buy” and a consensus price target of $102.48.

A number of institutional investors and hedge funds have recently bought and sold shares of PFPT. D.A. Davidson & CO. lifted its position in Proofpoint by 57.9% in the 2nd quarter. D.A. Davidson & CO. now owns 1,175 shares of the software maker’s stock valued at $102,000 after acquiring an additional 431 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Proofpoint in the 2nd quarter valued at $215,000. Bluestein R H & Co. bought a new stake in Proofpoint in the 2nd quarter valued at $217,000. Gotham Asset Management LLC bought a new stake in Proofpoint in the 2nd quarter valued at $222,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its position in Proofpoint by 17.7% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,724 shares of the software maker’s stock valued at $235,000 after acquiring an additional 409 shares in the last quarter.

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About Proofpoint

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.

Insider Buying and Selling by Quarter for Proofpoint (NASDAQ:PFPT)

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