Xactly Corporation (NASDAQ:XTLY) traded up 3.1% on Monday . The stock traded as high as $12.94 and last traded at $12.80, with a volume of 255,955 shares. The stock had previously closed at $12.42.

Several equities research analysts recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 price objective (up previously from $13.00) on shares of Xactly Corporation in a report on Tuesday, June 7th. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Xactly Corporation in a report on Tuesday, June 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Xactly Corporation in a report on Monday, June 6th. Finally, Zacks Investment Research raised shares of Xactly Corporation from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Friday, June 10th.

The firm’s 50 day moving average price is $12.28 and its 200 day moving average price is $8.52. The firm’s market capitalization is $402.50 million.

Xactly Corporation (NASDAQ:XTLY) last released its quarterly earnings data on Monday, June 6th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.06. The company had revenue of $23.30 million for the quarter, compared to analyst estimates of $22.08 million. The company’s quarterly revenue was up 30.9% compared to the same quarter last year. On average, analysts anticipate that Xactly Corporation will post ($0.52) earnings per share for the current fiscal year.

In other Xactly Corporation news, CFO Joseph C. Consul sold 11,110 shares of the stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $10.00, for a total transaction of $111,100.00. Following the completion of the transaction, the chief financial officer now directly owns 29,110 shares in the company, valued at $291,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Carol Mills sold 30,000 shares of the stock in a transaction on Thursday, June 9th. The stock was sold at an average price of $11.12, for a total value of $333,600.00. Following the transaction, the director now owns 15,000 shares of the company’s stock, valued at $166,800. The disclosure for this sale can be found here.

Xactly Corporation provides enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. The Company focuses on the incentive compensation and employee, and sales performance management market. It offers solutions to incentivize employees and align their behaviors with company goals.

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