SVMK Inc (NASDAQ:SVMK) Director Benjamin C. Spero sold 14,100 shares of the business’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $16.12, for a total transaction of $227,292.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
SVMK traded up $0.17 during trading hours on Thursday, hitting $16.65. The company’s stock had a trading volume of 33,495 shares, compared to its average volume of 1,315,515. SVMK Inc has a fifty-two week low of $10.05 and a fifty-two week high of $20.00. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.31 and a quick ratio of 1.31. The stock has a market cap of $2.09 billion and a P/E ratio of -11.50.
SVMK (NASDAQ:SVMK) last posted its earnings results on Wednesday, May 8th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.13. The business had revenue of $68.64 million during the quarter, compared to analyst estimates of $68.13 million. During the same quarter in the prior year, the business earned ($0.06) earnings per share. The firm’s revenue was up 17.4% compared to the same quarter last year. Equities analysts anticipate that SVMK Inc will post -0.59 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Spectrum Equity Management Inc. acquired a new stake in SVMK in the 4th quarter valued at approximately $106,755,000. Vanguard Group Inc acquired a new stake in SVMK during the third quarter valued at $4,328,000. Emerald Advisers LLC boosted its position in SVMK by 691.0% during the fourth quarter. Emerald Advisers LLC now owns 669,586 shares of the company’s stock valued at $8,216,000 after purchasing an additional 584,935 shares during the last quarter. Vanguard Group Inc. acquired a new stake in SVMK during the third quarter valued at $4,328,000. Finally, BlackRock Inc. acquired a new stake in SVMK during the third quarter valued at $12,023,000. Hedge funds and other institutional investors own 59.36% of the company’s stock.
SVMK Inc provides survey software products and purpose-built solutions that enable organizations to engage with their customers, employees, and the markets they serve in the United States and internationally. Its cloud-based SaaS platform helps individuals and organizations to design and distribute surveys that generate an average of approximately 20 million answered questions daily across approximately 190 countries and territories.
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