SVMK Inc (NASDAQ:SVMK) President Thomas E. Hale sold 18,016 shares of the stock in a transaction dated Friday, November 16th. The shares were sold at an average price of $12.40, for a total value of $223,398.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

NASDAQ SVMK opened at $12.80 on Thursday. SVMK Inc has a fifty-two week low of $10.05 and a fifty-two week high of $20.00.

SVMK (NASDAQ:SVMK) last released its quarterly earnings data on Tuesday, November 13th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.04. The business had revenue of $65.21 million during the quarter, compared to analysts’ expectations of $62.93 million. During the same quarter last year, the business posted ($0.13) EPS. The company’s quarterly revenue was up 17.9% compared to the same quarter last year. On average, equities analysts predict that SVMK Inc will post -1.41 EPS for the current fiscal year.

SVMK has been the subject of several research analyst reports. Bank of America initiated coverage on SVMK in a report on Monday, October 22nd. They issued a “buy” rating and a $16.00 price objective for the company. UBS Group initiated coverage on SVMK in a report on Monday, October 22nd. They issued a “neutral” rating and a $15.00 price objective for the company. JPMorgan Chase & Co. initiated coverage on SVMK in a report on Monday, October 22nd. They issued an “overweight” rating and a $15.00 price objective for the company. Wells Fargo & Co initiated coverage on SVMK in a report on Tuesday, November 13th. They issued a “market perform” rating and a $13.00 price objective for the company. Finally, Credit Suisse Group initiated coverage on SVMK in a report on Monday, October 22nd. They issued a “neutral” rating and a $13.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $14.86.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SVMK. Hsbc Holdings PLC purchased a new stake in SVMK in the 3rd quarter worth approximately $160,000. Janus Henderson Group PLC purchased a new position in shares of SVMK in the 3rd quarter valued at approximately $321,000. Zimmer Partners LP purchased a new position in shares of SVMK in the 3rd quarter valued at approximately $321,000. Glynn Capital Management LLC purchased a new position in shares of SVMK in the 3rd quarter valued at approximately $404,000. Finally, Dean Capital Investments Management LLC purchased a new position in shares of SVMK in the 3rd quarter valued at approximately $558,000. Institutional investors and hedge funds own 9.28% of the company’s stock.

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SVMK Company Profile

SurveyMonkey Inc develops online survey software to Fortune 100 companies, other businesses, academic institutions, organizations, and individuals worldwide. It offers SurveyMonkey that enables users to design and send professional surveys, and perform data analysis, as well as support various projects, teams, and organizations; SurveyMonkey CX, a Net Promoter Score (NPS) solution to collect, understand, and act on customer feedback; and Wufoo, which helps users to create contact forms, online surveys, and invitations.

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