Coupa Software program Included (NASDAQ:COUP) Place Elevated by Arizona State Retirement System

Coupa Software logoArizona State Retirement System raised its place in shares of Coupa Software program Included (NASDAQ:COUP – Get Ranking) by 3.0% within the first quarter, Holdings Channel.com stories. The institutional investor owned 20,615 shares of the expertise firm’s inventory after shopping for a further 596 shares throughout the interval. Arizona State Retirement System’s holdings in Coupa Software program have been value $2,095,000 on the finish of the newest quarter.

Different hedge funds additionally not too long ago purchased and bought shares of the corporate. Montag A & Associates Inc. lifted its stake in Coupa Software program by 336.8% throughout the fourth quarter. Montag A & Associates Inc. now owns 166 shares of the expertise firm’s inventory valued at $26,000 after shopping for a further 128 shares within the final quarter. Sandy Cove Advisors LLC acquired a brand new place in shares of Coupa Software program within the 4th quarter valued at about $30,000. Customary Household Workplace LLC acquired a brand new place in shares of Coupa Software program within the 4th quarter valued at about $32,000. Desjardins World Asset Administration Inc. acquired a brand new place in shares of Coupa Software program within the 4th quarter valued at about $37,000. Lastly, UMB Financial institution NA MO acquired a brand new place in shares of Coupa Software program within the 4th quarter valued at about $37,000. 95.45% of the inventory is owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

Numerous brokerages have not too long ago weighed in on COUP. Piper Sandler dropped their goal value on Coupa Software program from $85.00 to $65.00 and set a “impartial” ranking on the inventory in a report on Monday, July 18th. UBS Group dropped their goal value on Coupa Software program to $84.00 in a report on Friday, June third. DA Davidson assumed protection on Coupa Software program in a report on Thursday, Might nineteenth. They issued a “impartial” ranking and a $75.00 value goal on the inventory. KeyCorp dropped their value goal on Coupa Software program from $100.00 to $75.00 and set an “chubby” ranking on the inventory in a report on Thursday, July seventh. Lastly, Morgan Stanley restated a “purchase” ranking and issued a $125.00 value goal on shares of Coupa Software program in a report on Friday, April eighth. Two equities analysis analysts have rated the inventory with a promote ranking, 9 have issued a maintain ranking and ten have given a purchase ranking to the corporate. Primarily based on information from MarketBeat, the inventory has a mean ranking of “Maintain” and a mean goal value of $99.39.

Insider Exercise

In different information, CEO Robert Bernshteyn bought 8,076 shares of the inventory in a transaction that occurred on Tuesday, June twenty first. The inventory was bought at a mean value of $55.11, for a complete worth of $445,068.36. Following the completion of the sale, the chief govt officer now straight owns 245.620 shares of the corporate’s inventory, valued at $13,536,118.20. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which will be accessed via this hyperlink. In associated information, CEO Robert Bernshteyn bought 8,076 shares of the agency’s inventory in a transaction on Tuesday, June twenty first. The inventory was bought at a mean value of $55.11, for a complete worth of $445,068.36. Following the completion of the transaction, the chief govt officer now straight owns 245.620 shares of the corporate’s inventory, valued at $13,536,118.20. The sale was disclosed in a doc filed with the SEC, which will be accessed via the SEC web site. Additionally, CAO Maurizio Baratta bought 598 shares of the agency’s inventory in a transaction on Tuesday, June twenty first. The inventory was bought at a mean value of $55.11, for a complete worth of $32,955.78. Following the completion of the transaction, the chief accounting officer now straight owns 4,170 shares of the corporate’s inventory, valued at $229,808.70. The disclosure for this sale will be discovered right here. During the last three months, insiders bought 15,095 shares of firm inventory valued at $832,747. 2.20% of the inventory is owned by firm insiders.

Coupa Software program Inventory Up 0.1 %

COUP opened at $65.42 on Monday. Coupa Software program Included has a 1-year low of $50.54 and a 1-year excessive of $270.79. The corporate has a present ratio of 1.81, a fast ratio of 1.81 and a debt-to-equity ratio of 6.42. The inventory has a market capitalization of $4.94 billion, a price-to-earnings ratio of -13.52 and a beta of 1.48. The enterprise has a 50 day shifting common of $63.23 and a 200-day shifting common of $90.41.

Coupa Software program (NASDAQ:COUP – Get Ranking) final posted its quarterly earnings information on Monday, June sixth. The expertise firm reported ($0.62) earnings per share for the quarter, lacking the consensus estimate of ($0.57) by ($0.05). Coupa Software program had a unfavorable internet margin of 47.72% and a unfavorable return on fairness of 17.87%. The enterprise had income of $196.37 million throughout the quarter, in comparison with the consensus estimate of $190.69 million. Throughout the identical interval within the prior 12 months, the corporate posted ($0.57) earnings per share. The agency’s income was up 17.6% in comparison with the identical quarter final 12 months. As a bunch, sell-side analysts anticipate that Coupa Software program Included will submit -2.63 earnings per share for the present 12 months.

About Coupa Software program

(Get Ranking)

Coupa Software program Included offers a cloud-based enterprise spend administration platform that connects its clients with suppliers worldwide. The corporate offers visibility into and management over how corporations spend cash, optimize provide chains, and handle liquidity, in addition to enabling companies to attain financial savings that drive profitability.

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Wish to see what different hedge funds are holding COUP? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Coupa Software program Included (NASDAQ:COUP – Get Ranking).

Institutional Ownership by Quarter for Coupa Software (NASDAQ:COUP)

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