Perficient, Inc. (NASDAQ:PRFT – Get Rating) Director Ralph C. Derrickson purchased 729 shares of the business’s stock in a transaction on Monday, November 21st. The shares were bought at an average cost of $68.66 per share, for a total transaction of $50,053.14. Following the purchase, the director now owns 39,101 shares of the company’s stock, valued at $2,684,674.66. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Perficient Stock Up 0.3 %
NASDAQ PRFT traded up $0.24 on Thursday, reaching $69.70. The company had a trading volume of 70,234 shares, compared to its average volume of 224,504. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.16 and a quick ratio of 2.16. Perficient, Inc. has a 1 year low of $59.78 and a 1 year high of $141.74. The firm has a 50-day moving average of $66.62 and a 200-day moving average of $82.40. The firm has a market capitalization of $2.41 billion, a PE ratio of 30.44, a P/E/G ratio of 1.09 and a beta of 1.53.
Analysts Set New Price Targets
A number of research firms have recently commented on PRFT. JPMorgan Chase & Co. dropped their price objective on Perficient from $109.00 to $86.00 in a report on Friday, October 14th. StockNews.com initiated coverage on Perficient in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Morgan Stanley decreased their target price on Perficient from $100.00 to $75.00 and set an “equal weight” rating for the company in a report on Friday, October 28th. TheStreet lowered shares of Perficient from a “b-” rating to a “c+” rating in a report on Tuesday, November 8th. Finally, Jefferies Financial Group decreased their price objective on shares of Perficient from $131.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, September 14th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $91.63.
Institutional Inflows and Outflows
Perficient Company Profile
Perficient, Inc provides digital consultancy services and solutions in the United States. The company offers strategy and consulting solutions in the areas of digital and technology strategy, management consulting, and organizational change management; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolio.
- Get a free copy of the StockNews.com research report on Perficient (PRFT)
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