SVMK Inc (NASDAQ:SVMK) Insider John S. Schoenstein Sells 4,058 Shares
SVMK Inc (NASDAQ:SVMK) insider John S. Schoenstein sold 4,058 shares of the business’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $17.30, for a total transaction of $70,203.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
NASDAQ:SVMK traded down $0.29 during trading hours on Friday, hitting $17.40. 1,602,000 shares of the company traded hands, compared to its average volume of 1,505,059. The stock has a market capitalization of $2.39 billion and a price-to-earnings ratio of -12.17. SVMK Inc has a twelve month low of $10.05 and a twelve month high of $20.00. The firm has a 50-day moving average of $17.47 and a 200 day moving average of $16.42. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.03.
SVMK (NASDAQ:SVMK) last released its earnings results on Thursday, August 1st. The company reported ($0.01) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.04. The firm had revenue of $75.14 million during the quarter, compared to analysts’ expectations of $72.72 million. SVMK had a negative net margin of 59.16% and a negative return on equity of 25.79%. The business’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.02) EPS. Equities research analysts predict that SVMK Inc will post -0.56 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in SVMK. Bank of New York Mellon Corp purchased a new stake in shares of SVMK during the 4th quarter valued at approximately $286,000. Northern Trust Corp raised its position in shares of SVMK by 354.9% during the 4th quarter. Northern Trust Corp now owns 247,733 shares of the company’s stock valued at $3,040,000 after buying an additional 193,279 shares during the period. Geode Capital Management LLC raised its position in shares of SVMK by 240.9% during the 4th quarter. Geode Capital Management LLC now owns 249,165 shares of the company’s stock valued at $3,057,000 after buying an additional 176,065 shares during the period. Bank of America Corp DE raised its position in shares of SVMK by 841.6% during the 4th quarter. Bank of America Corp DE now owns 20,159 shares of the company’s stock valued at $248,000 after buying an additional 18,018 shares during the period. Finally, MetLife Investment Advisors LLC purchased a new stake in shares of SVMK during the 4th quarter valued at approximately $187,000. Hedge funds and other institutional investors own 73.65% of the company’s stock.
SVMK Company Profile
SVMK Inc provides survey software products and purpose-built solutions that enable organizations to engage with their customers, employees, and the markets they serve in the United States and internationally. Its cloud-based SaaS platform helps individuals and organizations to design and distribute surveys that generate an average of approximately 20 million answered questions daily across approximately 190 countries and territories.
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