Craig Hallum 将 Momentive Global（纳斯达克股票代码：MNTV

Craig Hallum cut shares of Momentive Global (NASDAQ:MNTV – Get Rating) from a buy rating to a hold rating in a research note published on Tuesday morning, The Fly reports. They currently have $9.50 target price on the stock.

Several other analysts also recently issued reports on the company. Truist Financial decreased their target price on Momentive Global from $15.00 to $12.00 and set a buy rating on the stock in a research note on Tuesday, February 21st. Credit Suisse Group reissued a neutral rating and set a $13.00 target price on shares of Momentive Global in a research note on Friday, February 17th. Wells Fargo & Company decreased their target price on Momentive Global from $12.00 to $10.00 and set an overweight rating on the stock in a research note on Thursday, January 19th. Finally, Needham & Company LLC downgraded Momentive Global from a buy rating to a hold rating in a research note on Tuesday. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Momentive Global presently has a consensus rating of Hold and a consensus price target of $11.24.

Momentive Global Stock Down 0.2 %

MNTV stock opened at $9.26 on Tuesday. Momentive Global has a twelve month low of $5.14 and a twelve month high of $18.48. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.64. The stock has a market cap of $1.39 billion, a P/E ratio of -15.43 and a beta of 1.52. The business's 50-day moving average price is $7.60 and its 200-day moving average price is $7.24.

Momentive Global (NASDAQ:MNTV – Get Rating) last posted its quarterly earnings data on Thursday, February 16th. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.06. Momentive Global had a negative return on equity of 25.33% and a negative net margin of 18.69%. The firm had revenue of $122.39 million for the quarter, compared to analysts' expectations of $121.05 million. On average, equities research analysts forecast that Momentive Global will post -0.18 EPS for the current year.

Insiders Place Their Bets

In other Momentive Global news, CEO Alexander J. Lurie sold 13,464 shares of Momentive Global stock in a transaction that occurred on Friday, February 17th. The stock was sold at an average price of $7.76, for a total value of $104,480.64. Following the sale, the chief executive officer now owns 1,458,534 shares of the company's stock, valued at approximately $11,318,223.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Alexander J. Lurie sold 6,497 shares of the business's stock in a transaction that occurred on Tuesday, March 14th. The stock was sold at an average price of $9.25, for a total transaction of $60,097.25. Following the transaction, the chief executive officer now owns 1,452,037 shares of the company's stock, valued at approximately $13,431,342.25. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Alexander J. Lurie sold 13,464 shares of the business's stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $7.76, for a total value of $104,480.64. Following the transaction, the chief executive officer now directly owns 1,458,534 shares in the company, valued at approximately $11,318,223.84. The disclosure for this sale can be found here. Insiders have sold a total of 39,659 shares of company stock valued at $314,613 in the last quarter. 17.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Momentive Global

Several large investors have recently modified their holdings of MNTV. ArrowMark Colorado Holdings LLC increased its position in shares of Momentive Global by 45.0% during the 4th quarter. ArrowMark Colorado Holdings LLC now owns 19,791,330 shares of the company's stock valued at $138,539,000 after purchasing an additional 6,141,786 shares during the last quarter. Morgan Stanley grew its position in Momentive Global by 424.8% in the 4th quarter. Morgan Stanley now owns 7,108,897 shares of the company's stock valued at $49,762,000 after acquiring an additional 5,754,403 shares during the last quarter. Norges Bank purchased a new stake in Momentive Global in the fourth quarter worth $18,833,000. Jacobs Levy Equity Management Inc. lifted its position in shares of Momentive Global by 2,767.0% during the third quarter. Jacobs Levy Equity Management Inc. now owns 2,745,640 shares of the company's stock worth $15,952,000 after purchasing an additional 2,649,873 shares during the last quarter. Finally, Clearline Capital LP boosted its stake in shares of Momentive Global by 71.8% during the third quarter. Clearline Capital LP now owns 3,964,775 shares of the company's stock valued at $23,035,000 after purchasing an additional 1,656,639 shares during the period. Institutional investors own 77.56% of the company's stock.

About Momentive Global

(Get Rating)

Momentive Global, Inc engages in providing Software-as-a-Service solutions that help businesses collect and analyze stakeholder sentiment at scale. It operates through the United States, Canada, Ireland, Netherland, and Rest of World geographical segments. The company was founded by Ryan Finley in 1999 and is headquartered in San Mateo, CA.

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