Coupa Software Inc (NASDAQ:COUP) CEO Robert Bernshteyn sold 63,225 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.17, for a total transaction of $8,672,573.25. Following the sale, the chief executive officer now directly owns 224,352 shares of the company’s stock, valued at approximately $30,774,363.84. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Robert Bernshteyn also recently made the following trade(s):

  • On Wednesday, July 17th, Robert Bernshteyn sold 63,225 shares of Coupa Software stock. The shares were sold at an average price of $143.63, for a total transaction of $9,081,006.75.
  • On Friday, June 21st, Robert Bernshteyn sold 8,148 shares of Coupa Software stock. The shares were sold at an average price of $125.70, for a total transaction of $1,024,203.60.
  • On Monday, June 17th, Robert Bernshteyn sold 63,225 shares of Coupa Software stock. The shares were sold at an average price of $122.25, for a total transaction of $7,729,256.25.

Coupa Software stock traded down $3.64 during mid-day trading on Thursday, hitting $139.27. The stock had a trading volume of 10,585 shares, compared to its average volume of 1,189,435. The firm has a market capitalization of $8.82 billion, a P/E ratio of -211.49 and a beta of 1.61. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average is $138.88 and its 200 day moving average is $111.50. Coupa Software Inc has a one year low of $52.01 and a one year high of $148.00.

Coupa Software (NASDAQ:COUP) last released its quarterly earnings data on Monday, June 3rd. The technology company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.26) by $0.29. Coupa Software had a negative net margin of 21.22% and a negative return on equity of 14.29%. The business had revenue of $81.30 million during the quarter, compared to the consensus estimate of $73.85 million. During the same quarter in the prior year, the firm earned ($0.01) EPS. The business’s revenue was up 44.1% on a year-over-year basis. As a group, equities research analysts forecast that Coupa Software Inc will post -1.15 earnings per share for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in COUP. Advantage Investment Management LLC bought a new position in shares of Coupa Software during the 2nd quarter valued at about $25,000. Patriot Financial Group Insurance Agency LLC bought a new position in shares of Coupa Software during the 2nd quarter valued at about $40,000. Destination Wealth Management bought a new position in shares of Coupa Software during the 2nd quarter valued at about $44,000. Neuburgh Advisers LLC boosted its holdings in shares of Coupa Software by 100.0% during the 2nd quarter. Neuburgh Advisers LLC now owns 352 shares of the technology company’s stock valued at $45,000 after purchasing an additional 176 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Coupa Software by 39.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 405 shares of the technology company’s stock valued at $51,000 after purchasing an additional 115 shares during the last quarter.

A number of equities research analysts have recently issued reports on the stock. Northland Securities boosted their price objective on shares of Coupa Software from $85.00 to $150.00 and gave the company an “average” rating in a research report on Thursday, July 11th. Deutsche Bank assumed coverage on shares of Coupa Software in a research report on Wednesday, July 24th. They set a “hold” rating and a $150.00 price objective for the company. Raymond James boosted their price objective on shares of Coupa Software from $107.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, June 4th. Oppenheimer upped their target price on shares of Coupa Software from $111.00 to $130.00 in a report on Tuesday, June 18th. Finally, Bank of America upped their target price on shares of Coupa Software from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, June 26th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Coupa Software has a consensus rating of “Buy” and an average target price of $123.94.

Coupa Software Company Profile

Coupa Software, Inc engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company’s business spend.

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