Rebecca Cantieri Sells 8,599 Shares of Momentive Global Inc. (NASDAQ:MNTV) Stock

Momentive Global Inc. (NASDAQ:MNTV) insider Rebecca Cantieri sold 8,599 shares of the company’s stock in a transaction that occurred on Monday, October 11th. The shares were sold at an average price of $24.00, for a total transaction of $206,376.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Rebecca Cantieri also recently made the following trade(s):

  • On Friday, October 8th, Rebecca Cantieri sold 4,592 shares of Momentive Global stock. The shares were sold at an average price of $23.00, for a total transaction of $105,616.00.
  • On Wednesday, October 13th, Rebecca Cantieri sold 1,447 shares of Momentive Global stock. The stock was sold at an average price of $24.07, for a total transaction of $34,829.29.

Shares of NASDAQ:MNTV traded up $0.34 during trading on Wednesday, reaching $24.10. The company had a trading volume of 519,055 shares, compared to its average volume of 825,932. The company has a fifty day moving average price of $20.30. The stock has a market cap of $3.56 billion, a PE ratio of -33.47 and a beta of 1.23. Momentive Global Inc. has a 12 month low of $16.35 and a 12 month high of $28.12. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.20 and a quick ratio of 1.20.

Momentive Global (NASDAQ:MNTV) last issued its quarterly earnings results on Wednesday, August 4th. The company reported ($0.20) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.03). The company had revenue of $109.40 million during the quarter, compared to the consensus estimate of $107.43 million. Momentive Global had a negative return on equity of 29.87% and a negative net margin of 25.31%. Momentive Global’s revenue for the quarter was up 20.3% on a year-over-year basis. As a group, equities research analysts predict that Momentive Global Inc. will post -0.71 EPS for the current year.

Several large investors have recently modified their holdings of MNTV. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Momentive Global in the 2nd quarter worth $42,000. Kornitzer Capital Management Inc. KS bought a new position in shares of Momentive Global during the 2nd quarter valued at $32,493,000. Alliancebernstein L.P. bought a new position in shares of Momentive Global during the 2nd quarter valued at $3,530,000. Douglas Lane & Associates LLC bought a new position in shares of Momentive Global during the 2nd quarter valued at $22,929,000. Finally, NZS Capital LLC bought a new position in shares of Momentive Global during the 2nd quarter valued at $3,465,000. 78.01% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of Momentive Global from a “sell” rating to a “hold” rating in a report on Wednesday, October 6th. Credit Suisse Group upped their target price on shares of Momentive Global from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, August 5th. Finally, Needham & Company LLC upped their target price on shares of Momentive Global from $22.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, August 5th.

Momentive Global Company Profile

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.

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Insider Buying and Selling by Quarter for Momentive Global (NASDAQ:MNTV)

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