Zendesk Inc (NYSE:ZEN) SVP John Geschke sold 1,493 shares of Zendesk stock in a transaction on Monday, January 8th. The stock was sold at an average price of $35.17, for a total transaction of $52,508.81. Following the sale, the senior vice president now owns 13,288 shares of the company’s stock, valued at $467,338.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

John Geschke also recently made the following trade(s):

  • On Wednesday, January 3rd, John Geschke sold 787 shares of Zendesk stock. The stock was sold at an average price of $35.05, for a total transaction of $27,584.35.
  • On Friday, January 5th, John Geschke sold 3,507 shares of Zendesk stock. The stock was sold at an average price of $35.04, for a total transaction of $122,885.28.
  • On Wednesday, December 13th, John Geschke sold 5,000 shares of Zendesk stock. The stock was sold at an average price of $34.23, for a total transaction of $171,150.00.
  • On Monday, November 13th, John Geschke sold 9,727 shares of Zendesk stock. The stock was sold at an average price of $35.09, for a total transaction of $341,320.43.
  • On Wednesday, November 8th, John Geschke sold 4,800 shares of Zendesk stock. The stock was sold at an average price of $35.46, for a total transaction of $170,208.00.
  • On Thursday, November 2nd, John Geschke sold 30,200 shares of Zendesk stock. The stock was sold at an average price of $34.36, for a total transaction of $1,037,672.00.

Zendesk Inc (NYSE ZEN) opened at $35.32 on Thursday. The stock has a market cap of $3,590.00, a price-to-earnings ratio of -32.11 and a beta of 1.83. Zendesk Inc has a 1 year low of $22.20 and a 1 year high of $36.33.

Zendesk (NYSE:ZEN) last posted its earnings results on Wednesday, November 1st. The software maker reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $112.79 million during the quarter, compared to the consensus estimate of $109.19 million. Zendesk had a negative net margin of 27.43% and a negative return on equity of 32.50%. The firm’s quarterly revenue was up 39.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.04) earnings per share. research analysts forecast that Zendesk Inc will post -1.03 EPS for the current fiscal year.

Several equities research analysts have recently commented on ZEN shares. ValuEngine upgraded shares of Zendesk from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th. Zacks Investment Research upgraded shares of Zendesk from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research note on Thursday, October 5th. Stephens downgraded shares of Zendesk from an “equal weight” rating to an “underweight” rating and set a $25.00 price objective for the company. in a research note on Monday, October 9th. KeyCorp reiterated a “buy” rating and set a $35.00 price objective on shares of Zendesk in a research note on Sunday, October 15th. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $35.00 price objective on shares of Zendesk in a research note on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $34.13.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC lifted its position in Zendesk by 2.0% during the second quarter. FMR LLC now owns 14,844,224 shares of the software maker’s stock valued at $412,372,000 after purchasing an additional 293,055 shares during the period. BlackRock Inc. lifted its position in Zendesk by 54.9% during the second quarter. BlackRock Inc. now owns 8,835,508 shares of the software maker’s stock valued at $245,450,000 after purchasing an additional 3,133,287 shares during the period. Vanguard Group Inc. lifted its position in Zendesk by 10.9% during the second quarter. Vanguard Group Inc. now owns 7,365,549 shares of the software maker’s stock valued at $204,615,000 after purchasing an additional 721,652 shares during the period. Franklin Resources Inc. lifted its position in Zendesk by 1.6% during the second quarter. Franklin Resources Inc. now owns 5,119,444 shares of the software maker’s stock valued at $142,213,000 after purchasing an additional 79,039 shares during the period. Finally, Janus Henderson Group PLC acquired a new position in Zendesk during the second quarter valued at $137,975,000. Institutional investors own 95.67% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://www.watchlistnews.com/zendesk-inc-zen-svp-john-geschke-sells-1493-shares/1802702.html.

About Zendesk

Zendesk, Inc (Zendesk) is a software development company. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.

Insider Buying and Selling by Quarter for Zendesk (NYSE:ZEN)

Receive News & Ratings for Zendesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zendesk and related companies with MarketBeat.com's FREE daily email newsletter.