Envestnet Inc (NYSE:ENV) insider Shelly O’brien sold 1,500 shares of the business’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $50.00, for a total transaction of $75,000.00. Following the transaction, the insider now owns 37,686 shares in the company, valued at $1,884,300. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shelly O’brien also recently made the following trade(s):

  • On Friday, December 1st, Shelly O’brien sold 1,500 shares of Envestnet stock. The shares were sold at an average price of $48.13, for a total transaction of $72,195.00.
  • On Wednesday, November 1st, Shelly O’brien sold 3,000 shares of Envestnet stock. The shares were sold at an average price of $53.28, for a total transaction of $159,840.00.
  • On Friday, October 27th, Shelly O’brien sold 3,000 shares of Envestnet stock. The shares were sold at an average price of $53.48, for a total transaction of $160,440.00.
  • On Wednesday, September 27th, Shelly O’brien sold 2,000 shares of Envestnet stock. The shares were sold at an average price of $49.96, for a total transaction of $99,920.00.

Envestnet Inc (NYSE:ENV) traded up $0.45 during mid-day trading on Monday, hitting $50.10. 163,800 shares of the company traded hands, compared to its average volume of 268,810. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.90 and a current ratio of 0.90. Envestnet Inc has a 1-year low of $30.80 and a 1-year high of $55.15. The firm has a market cap of $2,219.72, a price-to-earnings ratio of 64.23, a PEG ratio of 3.72 and a beta of 1.91.

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

Several equities research analysts recently issued reports on ENV shares. William Blair reaffirmed an “ourperform” rating on shares of Envestnet in a research note on Tuesday, September 26th. Zacks Investment Research lowered shares of Envestnet from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $62.00 price objective (up previously from $52.00) on shares of Envestnet in a research note on Thursday, November 9th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $48.00 price objective on shares of Envestnet in a research note on Thursday, October 5th. Finally, JMP Securities lifted their price objective on shares of Envestnet from $48.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, September 26th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Envestnet presently has a consensus rating of “Buy” and a consensus price target of $55.13.

A number of institutional investors have recently added to or reduced their stakes in ENV. Janus Henderson Group PLC lifted its position in Envestnet by 559.6% during the 2nd quarter. Janus Henderson Group PLC now owns 4,017,706 shares of the business services provider’s stock worth $159,101,000 after acquiring an additional 3,408,580 shares during the last quarter. Victory Capital Management Inc. acquired a new position in Envestnet during the 3rd quarter worth $30,101,000. Atlanta Capital Management Co. L L C acquired a new position in Envestnet during the 3rd quarter worth $22,763,000. Royal Bank of Canada lifted its position in Envestnet by 7,211.3% during the 2nd quarter. Royal Bank of Canada now owns 433,561 shares of the business services provider’s stock worth $17,169,000 after acquiring an additional 427,631 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC lifted its position in Envestnet by 66.3% during the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 476,550 shares of the business services provider’s stock worth $18,871,000 after acquiring an additional 189,905 shares during the last quarter. 94.99% of the stock is owned by hedge funds and other institutional investors.

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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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