ShotSpotter, Inc. (NASDAQ:SSTI) CFO Alan R. Stewart acquired 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 14th. The shares were acquired at an average cost of $34.48 per share, for a total transaction of $137,920.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
SSTI stock opened at $37.99 on Friday. ShotSpotter, Inc. has a fifty-two week low of $28.23 and a fifty-two week high of $53.97. The business’s 50-day moving average is $42.17 and its two-hundred day moving average is $39.93. The company has a market cap of $443.65 million, a price-to-earnings ratio of 1,899.50, a P/E/G ratio of 39.22 and a beta of 1.31.
ShotSpotter (NASDAQ:SSTI) last posted its earnings results on Tuesday, August 10th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). ShotSpotter had a net margin of 0.33% and a return on equity of 2.92%. The firm had revenue of $14.62 million during the quarter, compared to the consensus estimate of $14.84 million. On average, sell-side analysts anticipate that ShotSpotter, Inc. will post 0.04 EPS for the current year.
SSTI has been the topic of several recent analyst reports. Zacks Investment Research cut ShotSpotter from a “hold” rating to a “sell” rating in a research report on Thursday, August 12th. Roth Capital increased their price objective on ShotSpotter from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, August 11th. William Blair reaffirmed a “hold” rating on shares of ShotSpotter in a research report on Wednesday, August 11th. Robert W. Baird reaffirmed a “buy” rating on shares of ShotSpotter in a research report on Friday, June 25th. Finally, Northland Securities reissued a “buy” rating and issued a $49.00 target price on shares of ShotSpotter in a report on Monday, May 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $47.00.
ShotSpotter, Inc provides gunshot detection solutions. It helps law enforcement officials and security personnel identify, locate, and respond to gun violence. The firm offers solutions on a SaaS-based subscription model to customers around the world. The company was founded by Robert B. Calhoun, Jason Dunham, and Robert Leroy Showen in 1996 and is headquartered in Newark, CA.
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