Xactly Corp (XTLY) Earning Somewhat Favorable Media Coverage, Report Shows
News articles about Xactly Corp (NASDAQ:XTLY) have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Xactly Corp earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.4533081962986 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Xactly Corp (XTLY) traded up 0.26% on Wednesday, reaching $15.65. 855,051 shares of the company’s stock traded hands. Xactly Corp has a 52 week low of $10.60 and a 52 week high of $16.10.
A number of research analysts have recently commented on the stock. BidaskClub cut shares of Xactly Corp from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Dougherty & Co cut shares of Xactly Corp from a “buy” rating to a “neutral” rating in a report on Wednesday, May 31st. First Analysis restated an “equal weight” rating and issued a $19.00 price target on shares of Xactly Corp in a report on Wednesday, May 31st. Deutsche Bank AG cut shares of Xactly Corp from a “buy” rating to a “hold” rating and cut their price target for the stock from $20.00 to $15.65 in a report on Wednesday, May 31st. Finally, Lake Street Capital cut shares of Xactly Corp from a “buy” rating to a “hold” rating and upped their price target for the stock from $14.00 to $15.65 in a report on Tuesday, May 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Xactly Corp has an average rating of “Hold” and a consensus target price of $16.74.
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In other Xactly Corp news, CFO Joseph C. Consul sold 3,333 shares of the business’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $15.60, for a total transaction of $51,994.80. Following the sale, the chief financial officer now directly owns 57,826 shares in the company, valued at $902,085.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher Cabrera sold 12,000 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $15.65, for a total transaction of $187,800.00. Following the sale, the chief executive officer now owns 143,905 shares in the company, valued at $2,252,113.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 300,876 shares of company stock worth $4,680,688.
About Xactly Corp
Xactly Corporation is a provider of cloud-based incentive compensation solutions for employee and sales performance management. The Company delivers its solutions through a software-as-a-service (SaaS) business model. The Company has a customer base, including companies in various industries, such as business and financial services, communications, life sciences, media and Internet, SaaS and traditional software, and retail.
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