Medallia (NYSE:MDLA) Director Stanley J. Meresman sold 15,000 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $30.10, for a total transaction of $451,500.00. Following the sale, the director now directly owns 21,191 shares of the company’s stock, valued at approximately $637,849.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NYSE:MDLA opened at $30.73 on Friday. The company has a market capitalization of $4.34 billion and a PE ratio of -18.40. Medallia has a fifty-two week low of $16.04 and a fifty-two week high of $43.05. The company has a 50 day simple moving average of $28.17 and a two-hundred day simple moving average of $25.80.

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

Several institutional investors have recently bought and sold shares of the business. UBS Group AG boosted its holdings in shares of Medallia by 69.6% during the 2nd quarter. UBS Group AG now owns 19,060 shares of the company’s stock worth $481,000 after buying an additional 7,819 shares in the last quarter. Malaga Cove Capital LLC bought a new position in shares of Medallia during the 2nd quarter worth approximately $510,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Medallia by 210.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,772 shares of the company’s stock worth $196,000 after purchasing an additional 5,270 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Medallia in the 2nd quarter worth $331,000. Finally, Sarasin & Partners LLP bought a new position in shares of Medallia in the 2nd quarter worth $3,728,000. Hedge funds and other institutional investors own 79.47% of the company’s stock.

MDLA has been the subject of several recent analyst reports. Oppenheimer upped their price objective on shares of Medallia from $33.00 to $35.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Needham & Company LLC reissued a “buy” rating and set a $35.00 target price on shares of Medallia in a research note on Wednesday, July 1st. Credit Suisse Group boosted their target price on Medallia from $22.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Berenberg Bank initiated coverage on Medallia in a research note on Tuesday, July 21st. They set a “buy” rating and a $33.00 target price for the company. Finally, Craig Hallum boosted their target price on Medallia from $30.00 to $35.00 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 stock. The company currently has a consensus rating of “Buy” and a consensus price target of $38.64.

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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Insider Buying and Selling by Quarter for Medallia (NYSE:MDLA)

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