热门资讯> 正文
2023-03-16 17:37
Momentive Global Inc. (NASDAQ:MNTV – Get Rating) shares gapped up prior to trading on Tuesday . The stock had previously closed at $7.72, but opened at $9.25. Momentive Global shares last traded at $9.23, with a volume of 47,403,910 shares traded.
MNTV has been the subject of several research reports. Craig Hallum lowered Momentive Global from a "buy" rating to a "hold" rating and set a $9.50 target price for the company. in a research note on Tuesday. Credit Suisse Group lowered their price objective on Momentive Global from $13.00 to $9.46 and set a "neutral" rating for the company in a research report on Tuesday. Needham & Company LLC downgraded Momentive Global from a "buy" rating to a "hold" rating in a research report on Tuesday. Truist Financial lowered their price objective on Momentive Global from $15.00 to $12.00 and set a "buy" rating for the company in a research report on Tuesday, February 21st. Finally, Wells Fargo & Company downgraded Momentive Global from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $10.00 to $9.46 in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $11.24.
Get Momentive Global alerts:The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.91 and a current ratio of 0.91. The business has a fifty day moving average of $7.51 and a 200 day moving average of $7.22.
In related news, insider Lora D. Blum sold 5,038 shares of the company's stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $7.20, for a total transaction of $36,273.60. Following the completion of the transaction, the insider now owns 167,407 shares in the company, valued at $1,205,330.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Momentive Global news, CEO Alexander J. Lurie sold 6,497 shares of the stock in a transaction on Tuesday, March 14th. The stock was sold at an average price of $9.25, for a total value of $60,097.25. Following the completion of the transaction, the chief executive officer now owns 1,452,037 shares in the company, valued at $13,431,342.25. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lora D. Blum sold 5,038 shares of the stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $7.20, for a total value of $36,273.60. Following the completion of the transaction, the insider now owns 167,407 shares of the company's stock, valued at approximately $1,205,330.40. The disclosure for this sale can be found here. Insiders sold a total of 39,659 shares of company stock worth $314,613 over the last quarter. 17.70% of the stock is owned by corporate insiders.
Institutional investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. raised its holdings in Momentive Global by 50.1% in the fourth quarter. First Horizon Advisors Inc. now owns 4,043 shares of the company's stock worth $28,000 after purchasing an additional 1,349 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Momentive Global in the first quarter worth $82,000. Captrust Financial Advisors grew its stake in shares of Momentive Global by 11,390.9% in the second quarter. Captrust Financial Advisors now owns 6,320 shares of the company's stock worth $56,000 after acquiring an additional 6,265 shares during the last quarter. Point72 Hong Kong Ltd grew its stake in shares of Momentive Global by 114.7% in the first quarter. Point72 Hong Kong Ltd now owns 6,409 shares of the company's stock worth $104,000 after acquiring an additional 3,424 shares during the last quarter. Finally, Metropolitan Life Insurance Co NY grew its stake in shares of Momentive Global by 21.7% in the fourth quarter. Metropolitan Life Insurance Co NY now owns 8,128 shares of the company's stock worth $57,000 after acquiring an additional 1,447 shares during the last quarter. Institutional investors own 77.56% of the company's stock.
(Get Rating)
Momentive Global, Inc provides agile software solutions that help companies turn stakeholder feedback into action. Its platform empowers users to collect, analyze, and act on feedback from customers, employees, website and application users, and market research audiences. The company offers enterprise solutions for agile experience management and insights by three product brands: Momentive, GetFeedback, and SurveyMonkey.
Receive News & Ratings for Momentive Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Momentive Global and related companies with MarketBeat.com's FREE daily email newsletter.