Zendesk Inc (NYSE:ZEN) SVP John Geschke sold 5,000 shares of the company’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $34.23, for a total transaction of $171,150.00. Following the sale, the senior vice president now directly owns 16,495 shares of the company’s stock, valued at $564,623.85. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • 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.

Shares of Zendesk Inc (NYSE:ZEN) traded up $0.41 during trading on Friday, hitting $34.24. 1,114,920 shares of the stock were exchanged, compared to its average volume of 690,894. Zendesk Inc has a 1-year low of $20.86 and a 1-year high of $35.89.

Zendesk (NYSE:ZEN) last issued 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 business had revenue of $112.79 million for the quarter, compared to analyst estimates of $109.19 million. Zendesk had a negative net margin of 27.43% and a negative return on equity of 32.50%. The company’s revenue for the quarter was up 39.7% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.04) EPS. sell-side analysts forecast that Zendesk Inc will post -1.03 earnings per share for the current year.

Large investors have recently made changes to their positions in the stock. Advisor Group Inc. grew its position in shares of Zendesk by 44.3% during the 2nd quarter. Advisor Group Inc. now owns 3,701 shares of the software maker’s stock valued at $103,000 after buying an additional 1,137 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of Zendesk during the 3rd quarter valued at about $105,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Zendesk by 10.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,887 shares of the software maker’s stock valued at $108,000 after buying an additional 352 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Zendesk by 8.8% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 3,998 shares of the software maker’s stock valued at $111,000 after buying an additional 323 shares during the last quarter. Finally, Fortaleza Asset Management Inc. bought a new stake in shares of Zendesk during the 2nd quarter valued at about $115,000. 95.68% of the stock is owned by institutional investors and hedge funds.

ZEN has been the subject of a number of research reports. Stifel Nicolaus reaffirmed a “neutral” rating on shares of Zendesk in a research report on Friday, November 3rd. Morgan Stanley boosted their price objective on shares of Zendesk from $35.00 to $38.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. Zacks Investment Research upgraded shares of Zendesk from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Thursday, October 5th. Piper Jaffray Companies reiterated a “buy” rating and issued a $33.00 price objective on shares of Zendesk in a report on Tuesday, September 12th. Finally, Wells Fargo & Company reiterated an “outperform” rating and issued a $40.00 price objective (up previously from $32.00) on shares of Zendesk in a report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $34.13.

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Zendesk Company Profile

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)

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