Leslie Stretch Sells 31,410 Shares of Medallia, Inc. (NYSE:MDLA) Stock

Medallia, Inc. (NYSE:MDLA) CEO Leslie Stretch sold 31,410 shares of Medallia stock in a transaction dated Tuesday, July 20th. The stock was sold at an average price of $31.52, for a total transaction of $990,043.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Leslie Stretch also recently made the following trade(s):

  • On Thursday, June 24th, Leslie Stretch sold 100,000 shares of Medallia stock. The stock was sold at an average price of $33.40, for a total transaction of $3,340,000.00.
  • On Monday, June 21st, Leslie Stretch sold 31,585 shares of Medallia stock. The stock was sold at an average price of $32.13, for a total transaction of $1,014,826.05.
  • On Thursday, May 20th, Leslie Stretch sold 30,830 shares of Medallia stock. The stock was sold at an average price of $25.72, for a total transaction of $792,947.60.

NYSE:MDLA opened at $33.40 on Thursday. Medallia, Inc. has a one year low of $23.58 and a one year high of $48.28. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.98 and a current ratio of 1.98. The company has a market cap of $5.30 billion, a price-to-earnings ratio of -29.56 and a beta of 1.54. The firm has a 50-day simple moving average of $29.75.

Medallia (NYSE:MDLA) last posted its quarterly earnings results on Monday, May 31st. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.01). Medallia had a negative net margin of 33.99% and a negative return on equity of 24.99%. The business had revenue of $131.40 million during the quarter, compared to the consensus estimate of $127.29 million. During the same quarter in the prior year, the firm posted $0.02 EPS. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. Sell-side analysts expect that Medallia, Inc. will post -0.8 EPS for the current fiscal year.

Several equities research analysts have issued reports on MDLA shares. Credit Suisse Group reissued a “neutral” rating and issued a $34.00 price objective on shares of Medallia in a research report on Monday, March 29th. lowered their price objective on shares of Medallia from $59.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, June 2nd. Citigroup lowered their price objective on shares of Medallia from $59.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, June 2nd. Stifel Nicolaus started coverage on shares of Medallia in a research report on Friday, July 16th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, Craig Hallum boosted their price objective on shares of Medallia from $35.00 to $39.00 and gave the company a “buy” rating in a research report on Friday, July 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company’s stock. Medallia presently has a consensus rating of “Buy” and an average target price of $43.78.

Several large investors have recently bought and sold shares of the company. Endurance Wealth Management Inc. bought a new position in shares of Medallia during the 1st quarter worth approximately $28,000. Meeder Asset Management Inc. raised its stake in shares of Medallia by 5,268.4% during the 1st quarter. Meeder Asset Management Inc. now owns 1,020 shares of the company’s stock worth $28,000 after acquiring an additional 1,001 shares in the last quarter. Harbour Investments Inc. bought a new position in shares of Medallia during the 1st quarter worth approximately $28,000. Lazard Asset Management LLC bought a new position in shares of Medallia during the 1st quarter worth approximately $41,000. Finally, Guinness Atkinson Asset Management Inc raised its stake in shares of Medallia by 900.0% during the 1st quarter. Guinness Atkinson Asset Management Inc now owns 2,540 shares of the company’s stock worth $71,000 after acquiring an additional 2,286 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

About Medallia

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.

Featured Article: How to Invest in the Dividend Aristocrat Index

Insider Buying and Selling by Quarter for Medallia (NYSE:MDLA)

Receive News & Ratings for Medallia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medallia and related companies with MarketBeat.com's FREE daily email newsletter.