Zendesk Inc (NYSE:ZEN) SVP John Geschke sold 10,000 shares of the stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $37.27, for a total value of $372,700.00. Following the transaction, the senior vice president now directly owns 16,795 shares in the company, valued at approximately $625,949.65. The transaction was disclosed in a filing with the SEC, which is available at this link.

John Geschke also recently made the following trade(s):

  • On Friday, January 12th, John Geschke sold 5,000 shares of Zendesk stock. The stock was sold at an average price of $37.15, for a total value of $185,750.00.
  • On Monday, January 8th, John Geschke sold 1,493 shares of Zendesk stock. The stock was sold at an average price of $35.17, for a total value of $52,508.81.
  • On Wednesday, January 3rd, John Geschke sold 787 shares of Zendesk stock. The stock was sold at an average price of $35.05, for a total value of $27,584.35.
  • On Friday, January 5th, John Geschke sold 3,507 shares of Zendesk stock. The stock was sold at an average price of $35.04, for a total value of $122,885.28.
  • On Wednesday, December 13th, John Geschke sold 5,000 shares of Zendesk stock. The stock was sold at an average price of $34.23, for a total value of $171,150.00.
  • On Monday, November 13th, John Geschke sold 9,727 shares of Zendesk stock. The stock was sold at an average price of $35.09, for a total value of $341,320.43.
  • On Wednesday, November 8th, John Geschke sold 4,800 shares of Zendesk stock. The stock was sold at an average price of $35.46, for a total value of $170,208.00.
  • On Thursday, November 2nd, John Geschke sold 30,200 shares of Zendesk stock. The stock was sold at an average price of $34.36, for a total value of $1,037,672.00.

Shares of Zendesk Inc (ZEN) opened at $36.49 on Thursday. The stock has a market capitalization of $3,700.00, a PE ratio of -33.17 and a beta of 1.83. Zendesk Inc has a 12-month low of $22.69 and a 12-month high of $38.83.

Zendesk (NYSE:ZEN) last posted its quarterly earnings results on Wednesday, November 1st. The software maker reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $112.79 million for the quarter, compared to analyst estimates of $109.19 million. Zendesk had a negative return on equity of 32.50% and a negative net margin of 27.43%. Zendesk’s revenue for the quarter was up 39.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.04) EPS. research analysts predict that Zendesk Inc will post -1.03 earnings per share for the current year.

Hedge funds have recently bought and sold shares of the business. Alyeska Investment Group L.P. acquired a new stake in Zendesk in the 3rd quarter valued at about $9,017,000. Teachers Advisors LLC increased its holdings in shares of Zendesk by 24.5% in the 2nd quarter. Teachers Advisors LLC now owns 175,967 shares of the software maker’s stock valued at $4,888,000 after acquiring an additional 34,599 shares during the last quarter. New York State Common Retirement Fund increased its holdings in shares of Zendesk by 9.1% in the 3rd quarter. New York State Common Retirement Fund now owns 113,308 shares of the software maker’s stock valued at $3,298,000 after acquiring an additional 9,408 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Zendesk by 54.9% in the 2nd quarter. BlackRock Inc. now owns 8,835,508 shares of the software maker’s stock valued at $245,450,000 after acquiring an additional 3,133,287 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Zendesk by 15.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 604,805 shares of the software maker’s stock valued at $17,605,000 after acquiring an additional 82,956 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors.

Several research firms recently issued reports on ZEN. Morgan Stanley increased their target price on Zendesk from $33.00 to $35.00 and gave the stock an “overweight” rating in a research note on Monday, October 23rd. Royal Bank of Canada reissued a “buy” rating and set a $42.00 target price on shares of Zendesk in a research note on Wednesday. KeyCorp reissued a “buy” rating and set a $35.00 target price on shares of Zendesk in a research note on Sunday, October 15th. Zacks Investment Research raised Zendesk from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research note on Thursday, October 5th. Finally, ValuEngine lowered Zendesk from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $34.86.

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Zendesk Company Profile

Zendesk, Inc (Zendesk) is a software development company. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.

Insider Buying and Selling by Quarter for Zendesk (NYSE:ZEN)

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