The 8,000 Shares of Stock are sold by Xactly Corporation (XTLY) CEO Christopher Cabrera

The 8,000 Shares of Stock are sold by Xactly Corporation (XTLY) CEO Christopher Cabrera

Xactly Corporation (NASDAQ:XTLY) CEO Christopher Cabrera sold 8,000 shares of Xactly Corporation stock in a transaction that occurred on Monday, October 10th. The shares were sold at an average price of $15.08, for a total value of $120,640.00. Following the completion of the sale, the chief executive officer now owns 104,500 shares in the company, valued at $1,575,860. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Christopher Cabrera also recently made the following trade(s): On Monday, October 3rd, Christopher Cabrera sold 30,000 shares of Xactly Corporation stock. The shares were sold at an average price of $15.00, for a total value of $450,000.00. On Monday, September 12th, Christopher Cabrera sold 8,000 shares of Xactly Corporation stock. The shares were sold at an average price of $13.94, for a total value of $111,520.00. On Wednesday, August 10th, Christopher Cabrera sold 8,000 shares of Xactly Corporation stock. The shares were sold at an average price of $14.01, for a total value of $112,080.00.

Xactly Corporation (NASDAQ:XTLY) opened at 14.32 on Thursday. Xactly Corporation has a one year low of $4.68 and a one year high of $16.10. The company’s 50-day moving average price is $14.26 and its 200 day moving average price is $11.43. The firm’s market capitalization is $440.34 million.

Xactly Corporation (NASDAQ:XTLY) last issued its quarterly earnings results on Thursday, September 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.06. The firm had revenue of $24 million for the quarter, compared to the consensus estimate of $23.37 million. The firm’s quarterly revenue was up 31.1% on a year-over-year basis. On average, analysts forecast that Xactly Corporation will post ($0.43) earnings per share for the current year.

A number of analysts recently weighed in on XTLY shares. National Securities started coverage on Xactly Corporation in a research note on Tuesday, August 2nd. They issued a “buy” rating and a $17.00 price target on the stock. Zacks Investment Research downgraded Xactly Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Dougherty & Co restated a “buy” rating and issued a $20.00 price target on shares of Xactly Corporation in a research note on Tuesday, September 6th. Oppenheimer Holdings Inc. lifted their price objective on Xactly Corporation from $13.00 to $17.00 and gave the stock an “outperform” rating in a report on Wednesday, September 7th. Finally, Needham & Company LLC lifted their price objective on Xactly Corporation from $15.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, September 9th. Eight equities research analysts have rated the stock with a buy rating, Xactly Corporation has an average rating of “Buy” and a consensus price target of $17.57.

Institutional investors have recently modified their holdings of the stock. Murphy Michael R raised its position in shares of Xactly Corporation by 4,959.3% in the second quarter. Murphy Michael R now owns 970,172 shares of the company’s stock worth $12,428,000 after buying an additional 950,996 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Xactly Corporation by 59.5% in the second quarter. JPMorgan Chase & Co. now owns 871,550 shares of the company’s stock worth $11,165,000 after buying an additional 325,216 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of Xactly Corporation by 195.2% in the second quarter. BlackRock Fund Advisors now owns 591,124 shares of the company’s stock worth $7,572,000 after buying an additional 390,901 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Xactly Corporation by 24.4% in the second quarter. Vanguard Group Inc. now owns 467,102 shares of the company’s stock worth $5,984,000 after buying an additional 91,763 shares during the last quarter. Finally, Teachers Advisors Inc. raised its position in shares of Xactly Corporation by 4,778.1% in the second quarter. Teachers Advisors Inc. now owns 412,543 shares of the company’s stock worth $5,285,000 after buying an additional 404,086 shares during the last quarter.

About Xactly Corporation

Related posts

Leave a Comment