Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter sold 11,336 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $138.41, for a total value of $1,569,015.76. Following the transaction, the executive now owns 14,766 shares in the company, valued at approximately $2,043,762.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Coupa Software stock traded down $4.46 during mid-day trading on Friday, reaching $131.72. 2,653,501 shares of the company were exchanged, compared to its average volume of 1,559,622. The company has a fifty day simple moving average of $139.63 and a 200-day simple moving average of $116.46. Coupa Software Inc has a 12 month low of $52.01 and a 12 month high of $156.16. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.13 and a quick ratio of 2.13. The firm has a market cap of $8.56 billion, a PE ratio of -197.23 and a beta of 1.60.

Coupa Software (NASDAQ:COUP) last issued its earnings results on Tuesday, September 3rd. The technology company reported ($0.25) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.44) by $0.19. The firm had revenue of $95.00 million for the quarter, compared to the consensus estimate of $85.38 million. Coupa Software had a negative return on equity of 13.73% and a negative net margin of 20.91%. The company’s revenue was up 54.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.05 EPS. Sell-side analysts anticipate that Coupa Software Inc will post -1.02 earnings per share for the current year.

A number of brokerages have recently weighed in on COUP. ValuEngine upgraded Coupa Software from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 6th. Northland Securities set a $150.00 target price on Coupa Software and gave the stock a “hold” rating in a research note on Wednesday, September 4th. Deutsche Bank started coverage on Coupa Software in a research note on Wednesday, July 24th. They set a “hold” rating and a $150.00 price objective on the stock. Cantor Fitzgerald set a $166.00 price objective on Coupa Software and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Finally, Oppenheimer raised their price objective on Coupa Software from $160.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 4th. Six research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Coupa Software has an average rating of “Buy” and a consensus price target of $153.05.

Several hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC boosted its holdings in shares of Coupa Software by 39.7% in 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 in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Coupa Software by 4.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,814 shares of the technology company’s stock valued at $256,000 after purchasing an additional 121 shares in the last quarter. Neuburgh Advisers LLC boosted its holdings in shares of Coupa Software by 100.0% in 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 in the last quarter. Advantage Investment Management LLC acquired a new stake in shares of Coupa Software in the 2nd quarter valued at $25,000. Finally, Glen Harbor Capital Management LLC boosted its holdings in shares of Coupa Software by 100.0% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 484 shares of the technology company’s stock valued at $61,000 after purchasing an additional 242 shares in the last quarter.

About Coupa Software

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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Insider Buying and Selling by Quarter for Coupa Software (NASDAQ:COUP)

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