Proofpoint Inc (NASDAQ:PFPT) SVP Robert Darren Lee sold 2,615 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $107.83, for a total transaction of $281,975.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
PFPT stock opened at $109.85 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.79 and a current ratio of 0.79. Proofpoint Inc has a 52 week low of $75.92 and a 52 week high of $131.43. The stock has a market capitalization of $6.08 billion, a P/E ratio of -95.52 and a beta of 1.75.
Proofpoint (NASDAQ:PFPT) last released its quarterly earnings results on Thursday, April 25th. The software maker reported ($0.33) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.33). Proofpoint had a negative net margin of 15.82% and a negative return on equity of 13.93%. The business had revenue of $202.90 million for the quarter, compared to the consensus estimate of $199.32 million. During the same period in the prior year, the company posted $0.30 earnings per share. Proofpoint’s revenue was up 24.9% compared to the same quarter last year. On average, analysts predict that Proofpoint Inc will post -0.82 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the stock. MML Investors Services LLC raised its stake in shares of Proofpoint by 0.9% during the 4th quarter. MML Investors Services LLC now owns 9,399 shares of the software maker’s stock worth $788,000 after purchasing an additional 88 shares during the period. Washington Capital Management Inc. bought a new stake in shares of Proofpoint during the 1st quarter worth $528,000. Thornburg Investment Management Inc. raised its stake in shares of Proofpoint by 90.4% during the 4th quarter. Thornburg Investment Management Inc. now owns 123,938 shares of the software maker’s stock worth $10,387,000 after purchasing an additional 58,838 shares during the period. Great West Life Assurance Co. Can raised its stake in shares of Proofpoint by 13.1% during the 4th quarter. Great West Life Assurance Co. Can now owns 5,933 shares of the software maker’s stock worth $480,000 after purchasing an additional 686 shares during the period. Finally, Coronation Fund Managers Ltd. bought a new stake in shares of Proofpoint during the 1st quarter worth $4,679,000. Institutional investors and hedge funds own 95.50% of the company’s stock.
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Proofpoint Company Profile
Proofpoint, Inc operates as a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. It offers protection against advanced and targeted threats, including malicious attachments, polymorphic threats, zero-day exploits, user-transparent drive-by' downloads, malicious Web links, hybrid threats, malware free attacks, and other penetration tactics.
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