Medallia (NYSE:MDLA) Director Steven Walske sold 200,000 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $31.18, for a total value of $6,236,000.00. Following the transaction, the director now directly owns 706,541 shares of the company’s stock, valued at $22,029,948.38. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
MDLA opened at $30.73 on Friday. The company has a market cap of $4.34 billion and a PE ratio of -18.40. The business has a 50 day moving average price of $28.17 and a two-hundred day moving average price of $25.80. Medallia has a 52 week low of $16.04 and a 52 week high of $43.05.
Medallia (NYSE:MDLA) last issued its earnings results on Tuesday, June 2nd. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.04. The business had revenue of $112.69 million during the quarter, compared to the consensus estimate of $107.03 million. Medallia had a negative return on equity of 34.02% and a negative net margin of 33.76%. Medallia’s revenue for the quarter was up 20.4% on a year-over-year basis. Analysts predict that Medallia will post -0.63 earnings per share for the current fiscal year.
Several hedge funds have recently modified their holdings of MDLA. American International Group Inc. raised its stake in shares of Medallia by 325.7% during the 1st quarter. American International Group Inc. now owns 1,456 shares of the company’s stock worth $29,000 after buying an additional 1,114 shares in the last quarter. Great West Life Assurance Co. Can purchased a new position in shares of Medallia during the 4th quarter worth approximately $53,000. Victory Capital Management Inc. purchased a new position in shares of Medallia during the 4th quarter worth approximately $110,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Medallia by 210.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,772 shares of the company’s stock worth $196,000 after buying an additional 5,270 shares in the last quarter. Finally, Bogart Wealth LLC raised its stake in shares of Medallia by 900.4% during the 1st quarter. Bogart Wealth LLC now owns 10,124 shares of the company’s stock worth $203,000 after buying an additional 9,112 shares in the last quarter. 79.47% of the stock is owned by institutional investors and hedge funds.
Medallia Company Profile
Medallia, Inc provides an enterprise Software-as-a-Service platform in North America, Europe, the Middle East, Africa, and internationally. The company's platform utilizes deep learning-based artificial intelligence technology to analyze structured and unstructured data from signal fields in human, digital, and Internet of Things interactions.
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