QAD Inc. (NASDAQ:QADA) President Pamela M. Lopker sold 15,000 shares of QAD stock in a transaction on Tuesday, January 22nd. The stock was sold at an average price of $41.00, for a total value of $615,000.00. Following the sale, the president now owns 4,598,085 shares in the company, valued at $188,521,485. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of QADA opened at $43.01 on Friday. The firm has a market capitalization of $808.16 million, a price-to-earnings ratio of -91.51 and a beta of 1.24. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.61 and a current ratio of 1.61. QAD Inc. has a 1 year low of $38.39 and a 1 year high of $61.80.

QAD (NASDAQ:QADA) last issued its earnings results on Tuesday, November 20th. The software maker reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The firm had revenue of $79.58 million for the quarter, compared to analyst estimates of $81.12 million. QAD had a return on equity of 0.08% and a net margin of 0.10%. The business’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the company posted ($0.01) earnings per share. Research analysts anticipate that QAD Inc. will post 0.17 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 8th. Shareholders of record on Wednesday, December 26th were paid a $0.072 dividend. The ex-dividend date of this dividend was Monday, December 24th. This represents a $0.29 annualized dividend and a dividend yield of 0.67%. QAD’s payout ratio is presently -61.70%.

A number of brokerages recently commented on QADA. BidaskClub lowered QAD from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. Stifel Nicolaus dropped their price target on QAD from $61.00 to $52.00 and set a “buy” rating on the stock in a report on Wednesday, November 21st. Zacks Investment Research lowered QAD from a “buy” rating to a “hold” rating in a report on Wednesday, October 24th. Finally, B. Riley set a $62.00 price target on QAD and gave the stock a “buy” rating in a report on Wednesday, November 21st. One analyst has rated the stock with a sell rating, four have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $53.25.

Several institutional investors and hedge funds have recently modified their holdings of QADA. Virginia Retirement Systems ET AL bought a new stake in shares of QAD in the third quarter valued at $329,000. Mackenzie Financial Corp bought a new stake in shares of QAD in the third quarter valued at $365,000. Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of QAD in the third quarter valued at $386,000. MetLife Investment Advisors LLC raised its stake in shares of QAD by 57.7% in the third quarter. MetLife Investment Advisors LLC now owns 7,567 shares of the software maker’s stock valued at $429,000 after buying an additional 2,769 shares during the period. Finally, Bahl & Gaynor Inc. bought a new stake in shares of QAD in the third quarter valued at $865,000. Hedge funds and other institutional investors own 45.16% of the company’s stock.

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QAD Company Profile

QAD Inc provides enterprise software solutions for manufacturing companies in the automotive, life sciences, consumer products, food and beverage, high technology, and industrial products industries worldwide. The company offers QAD Enterprise Applications, an integrated suite of software applications, which support the core business processes.

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Insider Buying and Selling by Quarter for QAD (NASDAQ:QADA)

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