Enrique T. Salem Sells 3,000 Shares of Forescout Technologies Inc (FSCT) Stock
Forescout Technologies Inc (NASDAQ:FSCT) Director Enrique T. Salem sold 3,000 shares of the business’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $35.84, for a total value of $107,520.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Forescout Technologies stock opened at $35.91 on Friday. The company has a quick ratio of 2.16, a current ratio of 2.17 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $1.44 billion and a price-to-earnings ratio of -4.53. Forescout Technologies Inc has a 12 month low of $21.56 and a 12 month high of $38.45.
Forescout Technologies (NASDAQ:FSCT) last posted its quarterly earnings results on Thursday, August 9th. The company reported ($0.18) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.19. The firm had revenue of $67.59 million during the quarter, compared to analyst estimates of $63.57 million. The company’s revenue was up 35.2% on a year-over-year basis. During the same period last year, the company earned ($2.31) EPS. analysts expect that Forescout Technologies Inc will post -0.95 earnings per share for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the company. AO Asset Management LP bought a new stake in shares of Forescout Technologies in the 1st quarter valued at approximately $11,082,000. Deutsche Bank AG bought a new stake in shares of Forescout Technologies in the 4th quarter valued at approximately $373,000. Barclays PLC grew its stake in shares of Forescout Technologies by 1,951.7% in the 1st quarter. Barclays PLC now owns 35,843 shares of the company’s stock valued at $1,164,000 after purchasing an additional 34,096 shares during the period. Bamco Inc. NY grew its stake in shares of Forescout Technologies by 11.8% in the 1st quarter. Bamco Inc. NY now owns 145,000 shares of the company’s stock valued at $4,704,000 after purchasing an additional 15,278 shares during the period. Finally, TIAA CREF Investment Management LLC bought a new stake in shares of Forescout Technologies in the 4th quarter valued at approximately $267,000. Institutional investors own 54.40% of the company’s stock.
Forescout Technologies Company Profile
ForeScout Technologies, Inc provides network security products in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers ForeScout CounterACT agentless technology that discovers, classifies, and assesses IP-based devices; ForeScout extended modules, which represent integrations across vulnerability assessment, advanced threat detection, security incidence and event management, enterprise mobility management, endpoint protection and endpoint detection and response, next generation firewall, privileged access management, and IT systems management vendors, as well as compliance; and ForeScout CounterACT Enterprise Manager, a centralized security management solution for the control of various appliances deployed on an end-customer network, as well as maintenance and professional services.
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