Headlines about Proofpoint (NASDAQ:PFPT) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Proofpoint earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 43.7874457744488 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news stories that may have effected Accern’s rankings:

A number of brokerages have issued reports on PFPT. Piper Jaffray Companies restated a “buy” rating and set a $112.00 target price on shares of Proofpoint in a report on Friday. KeyCorp reaffirmed a “neutral” rating on shares of Proofpoint in a research report on Friday. Evercore ISI reaffirmed a “buy” rating and set a $105.00 price target on shares of Proofpoint in a research report on Wednesday. Robert W. Baird reaffirmed a “hold” rating and set a $100.00 price target on shares of Proofpoint in a research report on Tuesday, November 7th. Finally, Oppenheimer Holdings, Inc. initiated coverage on Proofpoint in a research report on Wednesday, November 1st. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $102.00.

Shares of Proofpoint (NASDAQ PFPT) traded up $1.15 during trading on Friday, reaching $92.60. The company had a trading volume of 153,064 shares, compared to its average volume of 636,973. Proofpoint has a 1-year low of $69.19 and a 1-year high of $97.92. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 11.57.

Proofpoint (NASDAQ:PFPT) last announced its earnings results on Thursday, October 19th. The software maker reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.07. Proofpoint had a negative return on equity of 158.19% and a negative net margin of 20.19%. The business had revenue of $134.30 million for the quarter, compared to analyst estimates of $131.48 million. During the same quarter last year, the firm earned $0.19 EPS. Proofpoint’s revenue for the quarter was up 34.6% compared to the same quarter last year. research analysts forecast that Proofpoint will post -0.88 earnings per share for the current year.

In related news, EVP Tracey Newell sold 8,183 shares of Proofpoint stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $89.96, for a total value of $736,142.68. Following the sale, the executive vice president now owns 24,429 shares of the company’s stock, valued at approximately $2,197,632.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Eric Hahn sold 5,000 shares of Proofpoint stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $90.53, for a total value of $452,650.00. Following the completion of the sale, the chairman now directly owns 53,701 shares in the company, valued at approximately $4,861,551.53. The disclosure for this sale can be found here. In the last three months, insiders sold 168,549 shares of company stock worth $15,277,790. 5.96% of the stock is owned by insiders.

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Proofpoint Company Profile

Proofpoint, Inc is a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive and govern their sensitive data. The Company’s security-as-a-service platform consists of an integrated suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication.

Insider Buying and Selling by Quarter for Proofpoint (NASDAQ:PFPT)

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