Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter sold 11,336 shares of the firm’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $33.99, for a total transaction of $385,310.64. Following the transaction, the executive now owns 12,480 shares of the company’s stock, valued at approximately $424,195.20. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Coupa Software Inc (NASDAQ:COUP) opened at $37.59 on Friday. Coupa Software Inc has a fifty-two week low of $22.50 and a fifty-two week high of $37.75. The company has a market cap of $1,982.22, a PE ratio of -46.99 and a beta of 4.39.
Coupa Software (NASDAQ:COUP) last announced its earnings results on Monday, December 4th. The technology company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.06. Coupa Software had a negative net margin of 24.37% and a negative return on equity of 20.40%. The company had revenue of $47.30 million during the quarter, compared to analysts’ expectations of $45.02 million. During the same period last year, the company posted ($0.22) earnings per share. The business’s revenue for the quarter was up 33.6% on a year-over-year basis. equities research analysts expect that Coupa Software Inc will post -0.94 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently made changes to their positions in COUP. Vanguard Group Inc. boosted its holdings in shares of Coupa Software by 260.3% in the second quarter. Vanguard Group Inc. now owns 2,700,303 shares of the technology company’s stock worth $78,254,000 after buying an additional 1,950,862 shares during the period. Sylebra HK Co Ltd boosted its holdings in shares of Coupa Software by 79.9% in the third quarter. Sylebra HK Co Ltd now owns 2,166,792 shares of the technology company’s stock worth $67,496,000 after buying an additional 962,418 shares during the period. Victory Capital Management Inc. acquired a new position in shares of Coupa Software in the third quarter worth about $24,428,000. Voya Investment Management LLC acquired a new position in shares of Coupa Software in the second quarter worth about $22,196,000. Finally, Janus Henderson Group PLC acquired a new stake in shares of Coupa Software during the second quarter worth approximately $18,242,000. Institutional investors own 74.67% of the company’s stock.
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About Coupa Software
Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.
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