News headlines about Coupa Software (NASDAQ:COUP) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Coupa Software earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 44.5770068365997 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern’s rankings:

Several equities analysts have issued reports on COUP shares. BTIG Research started coverage on Coupa Software in a research note on Monday, June 12th. They issued a “buy” rating and a $44.00 target price on the stock. Barclays PLC lifted their target price on Coupa Software from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 6th. Morgan Stanley reiterated an “equal weight” rating and issued a $31.00 target price (up previously from $29.00) on shares of Coupa Software in a research note on Saturday, June 3rd. Zacks Investment Research upgraded Coupa Software from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a $31.00 target price (up previously from $27.00) on shares of Coupa Software in a research note on Tuesday, June 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $33.90.

Coupa Software (NASDAQ:COUP) opened at 30.78 on Monday. Coupa Software has a 1-year low of $22.50 and a 1-year high of $41.61. The firm has a 50-day moving average price of $30.42 and a 200 day moving average price of $28.51. The stock’s market cap is $1.63 billion.

Coupa Software (NASDAQ:COUP) last posted its quarterly earnings results on Monday, June 5th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.05. The company had revenue of $41.10 million during the quarter, compared to analyst estimates of $38.33 million. Coupa Software’s revenue for the quarter was up 40.8% on a year-over-year basis. During the same period in the prior year, the business earned ($1.76) EPS. On average, equities research analysts anticipate that Coupa Software will post ($0.51) EPS for the current fiscal year.

In other news, insider Ravi Thakur sold 11,240 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $30.72, for a total value of $345,292.80. Following the transaction, the insider now owns 56,935 shares in the company, valued at approximately $1,749,043.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Todd R. Ford sold 1,446 shares of the stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $30.70, for a total value of $44,392.20. Following the completion of the transaction, the chief financial officer now owns 4,059 shares in the company, valued at approximately $124,611.30. The disclosure for this sale can be found here. Insiders sold a total of 1,776,719 shares of company stock worth $55,474,606 in the last ninety days. 32.10% of the stock is owned by corporate insiders.

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Coupa Software Company Profile

Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.

Insider Buying and Selling by Quarter for Coupa Software (NASDAQ:COUP)

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