Forescout Technologies Inc (NASDAQ:FSCT) SVP Darren J. Milliken sold 3,870 shares of Forescout Technologies stock in a transaction on Friday, October 12th. The stock was sold at an average price of $30.15, for a total transaction of $116,680.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Forescout Technologies stock traded up $0.49 on Friday, hitting $30.33. 318,247 shares of the company’s stock were exchanged, compared to its average volume of 494,123. The stock has a market capitalization of $1.58 billion and a PE ratio of -3.82. Forescout Technologies Inc has a 1 year low of $21.56 and a 1 year high of $40.96. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.17 and a quick ratio of 2.16.

Forescout Technologies (NASDAQ:FSCT) last announced its quarterly earnings data on Thursday, August 9th. The company reported ($0.18) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.37) by $0.19. The firm had revenue of $67.59 million for the quarter, compared to the consensus estimate of $63.57 million. The firm’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($2.31) earnings per share. As a group, research analysts anticipate that Forescout Technologies Inc will post -0.95 EPS for the current year.

FSCT has been the topic of several analyst reports. ValuEngine upgraded shares of Forescout Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of Forescout Technologies from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Tuesday. Needham & Company LLC initiated coverage on shares of Forescout Technologies in a research note on Friday, September 21st. They set a “buy” rating and a $47.00 price target on the stock. UBS Group lifted their price target on shares of Forescout Technologies from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday, August 10th. Finally, Monness Crespi & Hardt initiated coverage on shares of Forescout Technologies in a research note on Monday, July 9th. They set a “buy” rating and a $42.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Forescout Technologies presently has an average rating of “Buy” and a consensus target price of $39.10.

Several hedge funds have recently made changes to their positions in the company. Northern Trust Corp raised its position in shares of Forescout Technologies by 2.8% during the 1st quarter. Northern Trust Corp now owns 70,862 shares of the company’s stock valued at $2,300,000 after purchasing an additional 1,922 shares during the period. Fortaleza Asset Management Inc. bought a new stake in shares of Forescout Technologies during the 2nd quarter valued at $107,000. Cubist Systematic Strategies LLC raised its position in shares of Forescout Technologies by 51.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 9,520 shares of the company’s stock valued at $326,000 after purchasing an additional 3,241 shares during the period. NumerixS Investment Technologies Inc bought a new stake in shares of Forescout Technologies during the 2nd quarter valued at $140,000. Finally, Van ECK Associates Corp raised its position in shares of Forescout Technologies by 295.4% during the 2nd quarter. Van ECK Associates Corp now owns 5,730 shares of the company’s stock valued at $196,000 after purchasing an additional 4,281 shares during the period. Hedge funds and other institutional investors own 54.40% of the company’s stock.

Forescout Technologies Company Profile

ForeScout Technologies, Inc provides network security products in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers ForeScout CounterACT agentless technology that discovers, classifies, and assesses IP-based devices; ForeScout extended modules, which represent integrations across vulnerability assessment, advanced threat detection, security incidence and event management, enterprise mobility management, endpoint protection and endpoint detection and response, next generation firewall, privileged access management, and IT systems management vendors, as well as compliance; and ForeScout CounterACT Enterprise Manager, a centralized security management solution for the control of various appliances deployed on an end-customer network, as well as maintenance and professional services.

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