ShotSpotter, Inc. (NASDAQ:SSTI) Insider Nasim Golzadeh Sells 545 Shares

ShotSpotter, Inc. (NASDAQ:SSTIGet Rating) insider Nasim Golzadeh sold 545 shares of the business’s stock in a transaction on Friday, November 18th. The stock was sold at an average price of $33.40, for a total value of $18,203.00. Following the sale, the insider now owns 34,902 shares in the company, valued at $1,165,726.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Nasim Golzadeh also recently made the following trade(s):

  • On Thursday, September 8th, Nasim Golzadeh sold 177 shares of ShotSpotter stock. The stock was sold at an average price of $30.05, for a total value of $5,318.85.

ShotSpotter Trading Up 2.9 %

ShotSpotter stock opened at $34.09 on Thursday. The firm has a market capitalization of $415.90 million, a P/E ratio of 106.53, a PEG ratio of 1.94 and a beta of 1.38. The stock has a fifty day moving average price of $31.80 and a 200 day moving average price of $30.96. ShotSpotter, Inc. has a 52 week low of $22.63 and a 52 week high of $39.28.

ShotSpotter (NASDAQ:SSTIGet Rating) last released its earnings results on Tuesday, November 8th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.04). The business had revenue of $18.78 million during the quarter, compared to analyst estimates of $19.61 million. ShotSpotter had a net margin of 5.57% and a negative return on equity of 5.65%. As a group, equities analysts predict that ShotSpotter, Inc. will post 0.57 EPS for the current year.

Institutional Investors Weigh In On ShotSpotter

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS Group AG increased its stake in ShotSpotter by 22.2% during the third quarter. UBS Group AG now owns 2,751 shares of the company’s stock worth $79,000 after acquiring an additional 499 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of ShotSpotter by 92.7% in the second quarter. BNP Paribas Arbitrage SA now owns 1,937 shares of the company’s stock valued at $52,000 after buying an additional 932 shares in the last quarter. Captrust Financial Advisors acquired a new stake in shares of ShotSpotter in the second quarter valued at about $25,000. Altshuler Shaham Ltd acquired a new stake in shares of ShotSpotter in the third quarter valued at about $31,000. Finally, Rhumbline Advisers grew its stake in shares of ShotSpotter by 13.6% in the second quarter. Rhumbline Advisers now owns 11,168 shares of the company’s stock valued at $301,000 after buying an additional 1,338 shares in the last quarter. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Robert W. Baird reduced their price objective on ShotSpotter from $50.00 to $45.00 in a research report on Thursday, November 10th. TheStreet upgraded ShotSpotter from a “d+” rating to a “c-” rating in a research report on Wednesday, October 26th. Lake Street Capital upgraded ShotSpotter from a “hold” rating to a “buy” rating and upped their price objective for the company from $29.00 to $38.00 in a research report on Wednesday, August 10th. Finally, JMP Securities upgraded ShotSpotter from a “market perform” rating to an “outperform” rating and set a $42.00 price objective on the stock in a research report on Wednesday, October 19th.

About ShotSpotter

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ShotSpotter, Inc provides precision-policing and security solutions for law enforcement and security personnel in the United States, South Africa, and the Bahamas. Its solutions include ShotSpotter Respond, a public safety solution, which serves cities and municipalities to identify, locate, and deter gun violence by incorporating a real-time gunshot detection system into their policing systems; and ShotSpotter Connect, a patrol management software to help plan directed patrols and tactics to deter a broad set of crime types.

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Insider Buying and Selling by Quarter for ShotSpotter (NASDAQ:SSTI)

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