Forescout Technologies Inc (NASDAQ:FSCT) Director T Kent Elliott sold 30,453 shares of the business’s stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $37.78, for a total value of $1,150,514.34. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

T Kent Elliott also recently made the following trade(s):

  • On Tuesday, January 29th, T Kent Elliott sold 569 shares of Forescout Technologies stock. The stock was sold at an average price of $29.05, for a total value of $16,529.45.
  • On Wednesday, January 9th, T Kent Elliott sold 30,453 shares of Forescout Technologies stock. The stock was sold at an average price of $26.78, for a total value of $815,531.34.
  • On Monday, December 31st, T Kent Elliott sold 569 shares of Forescout Technologies stock. The stock was sold at an average price of $26.60, for a total value of $15,135.40.
  • On Wednesday, December 12th, T Kent Elliott sold 30,453 shares of Forescout Technologies stock. The stock was sold at an average price of $26.99, for a total value of $821,926.47.
  • On Thursday, November 29th, T Kent Elliott sold 569 shares of Forescout Technologies stock. The stock was sold at an average price of $25.85, for a total value of $14,708.65.

Shares of FSCT traded up $0.11 on Wednesday, hitting $38.02. The company’s stock had a trading volume of 705,400 shares, compared to its average volume of 523,570. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.16 and a current ratio of 2.16. Forescout Technologies Inc has a fifty-two week low of $22.01 and a fifty-two week high of $40.96. The firm has a market capitalization of $1.57 billion, a PE ratio of -21.98 and a beta of 1.15.

Forescout Technologies (NASDAQ:FSCT) last issued its quarterly earnings data on Thursday, February 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.24. Forescout Technologies had a negative return on equity of 59.52% and a negative net margin of 25.14%. The business had revenue of $84.73 million during the quarter, compared to analyst estimates of $77.84 million. During the same period in the previous year, the firm earned ($0.13) EPS. Forescout Technologies’s quarterly revenue was up 34.7% compared to the same quarter last year. Equities research analysts predict that Forescout Technologies Inc will post -1.71 EPS for the current fiscal year.

Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered Forescout Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday. ValuEngine upgraded Forescout Technologies from a “hold” rating to a “buy” rating in a research report on Sunday. Morgan Stanley set a $42.00 target price on Forescout Technologies and gave the stock a “buy” rating in a research report on Friday, February 8th. Monness Crespi & Hardt restated a “buy” rating and set a $42.00 target price (up from $40.00) on shares of Forescout Technologies in a research report on Friday, February 8th. Finally, Robert W. Baird began coverage on Forescout Technologies in a research report on Wednesday, October 17th. They set an “outperform” rating and a $42.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Forescout Technologies presently has a consensus rating of “Buy” and a consensus target price of $41.80.

Institutional investors and hedge funds have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Forescout Technologies by 151.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,381 shares of the company’s stock valued at $36,000 after purchasing an additional 831 shares during the period. Great West Life Assurance Co. Can acquired a new position in shares of Forescout Technologies in the 4th quarter valued at approximately $60,000. Pearl River Capital LLC acquired a new position in shares of Forescout Technologies in the 4th quarter valued at approximately $66,000. Parallel Advisors LLC grew its position in shares of Forescout Technologies by 924.3% in the 3rd quarter. Parallel Advisors LLC now owns 3,370 shares of the company’s stock valued at $127,000 after purchasing an additional 3,041 shares during the period. Finally, Sun Life Financial INC acquired a new position in shares of Forescout Technologies in the 4th quarter valued at approximately $89,000. Institutional investors and hedge funds own 56.79% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This article was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://theolympiareport.com/2019/02/13/t-kent-elliott-sells-30453-shares-of-forescout-technologies-inc-fsct-stock-2.html.

About Forescout Technologies

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.

See Also: What is the NASDAQ?

Insider Buying and Selling by Quarter for Forescout Technologies (NASDAQ:FSCT)

Receive News & Ratings for Forescout Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forescout Technologies and related companies with MarketBeat.com's FREE daily email newsletter.