Apigee Corp. (NASDAQ:APIC)’s share price traded up 3.3% on Monday . The company traded as high as $12.43 and last traded at $12.33, with a volume of 78,592 shares changing hands. The stock had previously closed at $11.94.

A number of equities analysts recently weighed in on the stock. Pacific Crest reiterated a “buy” rating on shares of Apigee Corp. in a research report on Sunday, May 22nd. Zacks Investment Research upgraded shares of Apigee Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th. Finally, Roth Capital boosted their target price on shares of Apigee Corp. from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Thursday, May 26th.

The company has a 50 day moving average of $12.04 and a 200 day moving average of $9.40. The company’s market cap is $373.73 million.

Apigee Corp. (NASDAQ:APIC) last posted its earnings results on Wednesday, May 25th. The company reported ($0.25) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.02. The business earned $23.50 million during the quarter, compared to analyst estimates of $23.17 million. During the same period in the previous year, the firm posted ($0.41) earnings per share. The firm’s revenue was up 35.8% on a year-over-year basis. Equities research analysts predict that Apigee Corp. will post ($1.14) earnings per share for the current fiscal year.

In other Apigee Corp. news, VP Shankar Ramaswamy sold 15,636 shares of the business’s stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $11.49, for a total value of $179,657.64. Following the completion of the transaction, the vice president now directly owns 103,350 shares of the company’s stock, valued at $1,187,491.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Apigee Corporation (Apigee) is a provider of an application program interface (API)-based software platform that enables digital connectivity and business insights. The Company’s platform allows businesses to design, deploy and scale APIs as a connection layer between its information technology (IT) systems and data and the applications with which its customers, partners, employees and other users engage with its business.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.