Envestnet, Inc (NYSE:ENV) CEO Judson Bergman sold 10,000 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $49.91, for a total transaction of $499,100.00. Following the completion of the sale, the chief executive officer now owns 733,569 shares in the company, valued at $36,612,428.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Judson Bergman also recently made the following trade(s):

  • On Monday, November 13th, Judson Bergman sold 20,000 shares of Envestnet stock. The stock was sold at an average price of $51.48, for a total transaction of $1,029,600.00.
  • On Monday, November 6th, Judson Bergman sold 20,000 shares of Envestnet stock. The stock was sold at an average price of $53.21, for a total transaction of $1,064,200.00.

Shares of Envestnet, Inc (NYSE ENV) opened at $49.95 on Friday. Envestnet, Inc has a twelve month low of $30.80 and a twelve month high of $55.15. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.63. The company has a market cap of $2,195.35, a price-to-earnings ratio of 63.53, a P/E/G ratio of 3.68 and a beta of 1.97.

Envestnet (NYSE:ENV) last issued its quarterly earnings data on Wednesday, November 8th. The business services provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. Envestnet had a negative net margin of 8.15% and a positive return on equity of 8.92%. The business had revenue of $175.61 million for the quarter, compared to analyst estimates of $171.57 million. During the same period last year, the business posted $0.28 earnings per share. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. analysts predict that Envestnet, Inc will post 0.9 EPS for the current year.

Several large investors have recently modified their holdings of ENV. 1st Global Advisors Inc. increased its stake in Envestnet by 1.1% in the 2nd quarter. 1st Global Advisors Inc. now owns 8,819 shares of the business services provider’s stock valued at $349,000 after buying an additional 100 shares during the last quarter. State Board of Administration of Florida Retirement System increased its stake in Envestnet by 0.6% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 25,092 shares of the business services provider’s stock valued at $994,000 after buying an additional 138 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Envestnet by 1.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 13,610 shares of the business services provider’s stock valued at $489,000 after buying an additional 200 shares during the last quarter. Ameritas Investment Partners Inc. increased its stake in Envestnet by 5.7% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,782 shares of the business services provider’s stock valued at $150,000 after buying an additional 204 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in Envestnet by 0.9% in the 2nd quarter. California Public Employees Retirement System now owns 34,906 shares of the business services provider’s stock valued at $1,382,000 after buying an additional 300 shares during the last quarter. Institutional investors and hedge funds own 93.28% of the company’s stock.

ENV has been the topic of several analyst reports. Zacks Investment Research lowered shares of Envestnet from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. UBS AG reiterated a “buy” rating and issued a $63.00 target price (up from $50.00) on shares of Envestnet in a report on Monday, October 9th. Jefferies Group LLC increased their target price on shares of Envestnet from $47.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, October 17th. Royal Bank Of Canada reiterated a “hold” rating and issued a $48.00 target price on shares of Envestnet in a report on Thursday, October 5th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $62.00 target price (up from $52.00) on shares of Envestnet in a report on Thursday, November 9th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $55.13.

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Envestnet Company Profile

Envestnet, Inc is a provider of financial and wealth management technology and services to financial advisors, investors and financial service providers. The Company’s segments are Envestnet and Envestnet Yodlee. Its Envestnet segment provides unified wealth management software and services empowering financial advisors and institutions.

Insider Buying and Selling by Quarter for Envestnet (NYSE:ENV)

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