Medallia (NYSE:MDLA) Director Steven Walske sold 200,000 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $31.18, for a total value of $6,236,000.00. Following the sale, the director now owns 706,541 shares of the company’s stock, valued at $22,029,948.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of MDLA stock opened at $30.73 on Friday. The business has a 50 day moving average of $28.17 and a two-hundred day moving average of $25.80. Medallia has a 52 week low of $16.04 and a 52 week high of $43.05. The company has a market cap of $4.34 billion and a P/E ratio of -18.40.

Medallia (NYSE:MDLA) last issued its earnings results on Tuesday, June 2nd. The company reported $0.02 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.04. Medallia had a negative return on equity of 34.02% and a negative net margin of 33.76%. The company had revenue of $112.69 million during the quarter, compared to the consensus estimate of $107.03 million. The firm’s revenue was up 20.4% on a year-over-year basis. As a group, analysts anticipate that Medallia will post -0.63 earnings per share for the current fiscal year.

Several analysts have recently weighed in on the company. Robert W. Baird raised their target price on Medallia from $23.00 to $33.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Zacks Investment Research downgraded Medallia from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Oppenheimer raised their target price on Medallia from $33.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Craig Hallum lifted their price target on Medallia from $30.00 to $35.00 in a research note on Wednesday, June 3rd. Finally, Citigroup lifted their price target on Medallia from $25.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $38.64.

Hedge funds have recently modified their holdings of the business. American International Group Inc. boosted its stake in Medallia by 325.7% in the first quarter. American International Group Inc. now owns 1,456 shares of the company’s stock valued at $29,000 after acquiring an additional 1,114 shares during the period. Great West Life Assurance Co. Can acquired a new position in Medallia in the fourth quarter valued at approximately $53,000. Victory Capital Management Inc. bought a new stake in shares of Medallia during the fourth quarter valued at approximately $110,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Medallia by 210.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,772 shares of the company’s stock valued at $196,000 after buying an additional 5,270 shares during the last quarter. Finally, Bogart Wealth LLC raised its holdings in shares of Medallia by 900.4% during the first quarter. Bogart Wealth LLC now owns 10,124 shares of the company’s stock valued at $203,000 after buying an additional 9,112 shares during the last quarter. Institutional investors own 79.47% of the company’s stock.

Medallia Company Profile

Medallia, Inc provides an enterprise Software-as-a-Service platform in North America, Europe, the Middle East, Africa, and internationally. The company's platform utilizes deep learning-based artificial intelligence technology to analyze structured and unstructured data from signal fields in human, digital, and Internet of Things interactions.

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