News articles about Shotspotter (NASDAQ:SSTI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Shotspotter earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.7851085329724 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

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

Shares of Shotspotter stock opened at $58.08 on Monday. Shotspotter has a 1 year low of $10.51 and a 1 year high of $60.33. The firm has a market cap of $625.66 million, a price-to-earnings ratio of -101.89 and a beta of -1.14.

Shotspotter (NASDAQ:SSTI) last announced its quarterly earnings results on Thursday, August 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.04. Shotspotter had a negative return on equity of 36.43% and a negative net margin of 19.52%. The business had revenue of $8.93 million during the quarter, compared to the consensus estimate of $8.01 million. During the same quarter last year, the firm posted ($1.16) EPS. The company’s quarterly revenue was up 52.9% on a year-over-year basis. equities research analysts expect that Shotspotter will post -0.17 earnings per share for the current fiscal year.

SSTI has been the subject of several research reports. Roth Capital raised their price target on Shotspotter to $60.00 and gave the company a “buy” rating in a report on Friday, August 3rd. BidaskClub raised Shotspotter from a “buy” rating to a “strong-buy” rating in a report on Friday, August 10th. Imperial Capital set a $50.00 price target on Shotspotter and gave the company a “buy” rating in a report on Tuesday, July 31st. JMP Securities initiated coverage on Shotspotter in a report on Thursday, June 7th. They set an “outperform” rating and a $40.00 price target for the company. Finally, Zacks Investment Research raised Shotspotter from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a report on Wednesday, May 16th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Shotspotter presently has an average rating of “Buy” and an average target price of $41.14.

In other Shotspotter news, major shareholder Gary M. Lauder sold 21,448 shares of the stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $42.78, for a total transaction of $917,545.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Joseph O. Hawkins sold 1,911 shares of the stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $39.80, for a total value of $76,057.80. The disclosure for this sale can be found here. Insiders have sold a total of 70,775 shares of company stock worth $3,086,072 in the last quarter. Company insiders own 36.10% of the company’s stock.

Shotspotter Company Profile

ShotSpotter, Inc provides software-as-a-service based gunshot detection solutions for law enforcement officials and security personnel in the United States, South Africa, and internationally. The company's solutions include ShotSpotter Flex, an outdoor public safety solution for cities and municipalities to identify, locate, and deter gun violence by incorporating a real-time gunshot detection system into their policing systems; and SST SecureCampus that helps the law enforcement and security personnel serving universities, colleges, and other educational institutions to mitigate risk and enhance security by notifying authorities and first responders of an active-shooter.

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Insider Buying and Selling by Quarter for Shotspotter (NASDAQ:SSTI)

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