Coupa Software Inc (NASDAQ:COUP) CRO Steven M. Winter sold 11,336 shares of Coupa Software stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $33.99, for a total transaction of $385,310.64. Following the completion of the transaction, the executive now owns 12,480 shares of the company’s stock, valued at approximately $424,195.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Coupa Software Inc (NASDAQ COUP) opened at $37.69 on Friday. Coupa Software Inc has a 12-month low of $22.50 and a 12-month high of $38.06.

Coupa Software (NASDAQ:COUP) last issued its quarterly earnings data on Monday, December 4th. The technology company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.06. The business had revenue of $47.30 million during the quarter, compared to the consensus estimate of $45.02 million. Coupa Software had a negative net margin of 24.37% and a negative return on equity of 20.40%. The company’s revenue was up 33.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.22) EPS. research analysts anticipate that Coupa Software Inc will post -0.94 earnings per share for the current year.

COUP has been the subject of a number of recent research reports. Royal Bank of Canada reiterated a “buy” rating and issued a $41.00 price target on shares of Coupa Software in a research note on Wednesday, November 15th. Barclays reiterated a “hold” rating and issued a $38.00 price target (up previously from $34.00) on shares of Coupa Software in a research note on Monday, November 27th. Raymond James Financial reiterated a “buy” rating and issued a $40.00 price target on shares of Coupa Software in a research note on Tuesday, December 12th. CIBC initiated coverage on shares of Coupa Software in a research note on Friday, December 22nd. They issued an “outperform” rating and a $41.00 price target for the company. Finally, Oppenheimer initiated coverage on shares of Coupa Software in a research note on Thursday, December 21st. They issued a “buy” rating and a $41.00 price target for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $36.87.

Several large investors have recently modified their holdings of the company. American International Group Inc. lifted its position in shares of Coupa Software by 8.1% during the 3rd quarter. American International Group Inc. now owns 19,989 shares of the technology company’s stock worth $623,000 after buying an additional 1,494 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Coupa Software by 2.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 113,344 shares of the technology company’s stock worth $3,531,000 after buying an additional 2,782 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Coupa Software by 2,294.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,664 shares of the technology company’s stock worth $106,000 after buying an additional 3,511 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new stake in shares of Coupa Software during the 2nd quarter worth approximately $142,000. Finally, Quantbot Technologies LP lifted its position in shares of Coupa Software by 31.3% during the 3rd quarter. Quantbot Technologies LP now owns 28,615 shares of the technology company’s stock worth $891,000 after buying an additional 6,819 shares during the last quarter. Institutional investors and hedge funds own 74.67% of the company’s stock.

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About Coupa Software

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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