Henry Tayloe Stansbury Sells 10,000 Shares of Coupa Software Inc (NASDAQ:COUP) Stock

Coupa Software Inc (NASDAQ:COUP) Director Henry Tayloe Stansbury sold 10,000 shares of the stock in a transaction on Monday, October 7th. The shares were sold at an average price of $150.96, for a total value of $1,509,600.00. Following the sale, the director now owns 18,307 shares in the company, valued at approximately $2,763,624.72. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Henry Tayloe Stansbury also recently made the following trade(s):

  • On Thursday, September 5th, Henry Tayloe Stansbury sold 10,000 shares of Coupa Software stock. The shares were sold at an average price of $148.45, for a total value of $1,484,500.00.
  • On Monday, August 5th, Henry Tayloe Stansbury sold 5,000 shares of Coupa Software stock. The shares were sold at an average price of $132.22, for a total value of $661,100.00.

Coupa Software stock traded down $7.41 during mid-day trading on Tuesday, hitting $142.78. The company’s stock had a trading volume of 2,422,846 shares, compared to its average volume of 1,625,667. The company has a 50 day moving average of $139.31 and a 200-day moving average of $121.94. The stock has a market cap of $8.97 billion, a PE ratio of -213.10 and a beta of 1.58. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.13 and a current ratio of 2.13. Coupa Software Inc has a one year low of $52.01 and a one year high of $156.16.



Coupa Software (NASDAQ:COUP) last announced its quarterly earnings data on Tuesday, September 3rd. The technology company reported ($0.25) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.44) by $0.19. The company had revenue of $95.00 million for the quarter, compared to the consensus estimate of $85.38 million. Coupa Software had a negative return on equity of 13.73% and a negative net margin of 20.91%. Coupa Software’s quarterly revenue was up 54.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.05 EPS. On average, equities research analysts forecast that Coupa Software Inc will post -1.02 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the business. Morgan Stanley grew its position in Coupa Software by 1.9% in the 2nd quarter. Morgan Stanley now owns 5,752,089 shares of the technology company’s stock valued at $728,271,000 after acquiring an additional 105,486 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Coupa Software by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 5,394,454 shares of the technology company’s stock worth $682,992,000 after buying an additional 51,060 shares in the last quarter. BlackRock Inc. grew its position in shares of Coupa Software by 9.2% during the 1st quarter. BlackRock Inc. now owns 4,594,228 shares of the technology company’s stock worth $417,984,000 after buying an additional 387,325 shares in the last quarter. FMR LLC grew its position in shares of Coupa Software by 86.9% during the 1st quarter. FMR LLC now owns 3,467,506 shares of the technology company’s stock worth $315,474,000 after buying an additional 1,612,326 shares in the last quarter. Finally, Whale Rock Capital Management LLC grew its position in shares of Coupa Software by 14.6% during the 2nd quarter. Whale Rock Capital Management LLC now owns 3,141,702 shares of the technology company’s stock worth $397,771,000 after buying an additional 399,401 shares in the last quarter.

COUP has been the topic of several recent research reports. FBN Securities initiated coverage on Coupa Software in a report on Tuesday, September 17th. They set an “outperform” rating and a $165.00 price target on the stock. KeyCorp increased their price target on Coupa Software from $171.00 to $178.00 and gave the company an “overweight” rating in a report on Wednesday, September 4th. Northland Securities set a $150.00 price target on Coupa Software and gave the company a “hold” rating in a report on Wednesday, September 4th. Evercore ISI initiated coverage on Coupa Software in a report on Thursday, September 26th. They set an “outperform” rating and a $180.00 price target on the stock. Finally, SunTrust Banks set a $170.00 price target on Coupa Software and gave the company a “buy” rating in a report on Tuesday, September 24th. Seven investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $154.90.

About Coupa Software

Coupa Software, Inc engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company’s business spend.

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Insider Buying and Selling by Quarter for Coupa Software (NASDAQ:COUP)

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