Insider Sale: Coupa Software Incorporated (NASDAQ: COUP) CAO Sells 421 Shares


Coupa Software Incorporated (NASDAQ: COUP) CAO Maurizio Baratta sold 421 shares in a trade dated Thursday, September 30. The stock was sold for an average price of $ 217.03, for a total value of $ 91,369.63. The transaction was disclosed in a legal file with the SEC, which is available at this link.

Maurizio Baratta also recently carried out the following trade (s):

  • On Monday, September 27, Maurizio Baratta sold 129 shares of Coupa Software. The stock was sold at an average price of $ 245.08, for a total trade of $ 31,615.32.
  • On Tuesday September 21, Maurizio Baratta sold 897 Coupa Software shares. The shares were sold at an average price of $ 246.01, for a total value of $ 220,670.97.
  • On Tuesday July 6, Maurizio Baratta sold 547 Coupa Software shares. The shares were sold for an average price of $ 265.98, for a total value of $ 145,491.06.

COUP shares traded up $ 2.12 during the Friday midday session, reaching $ 221.30. 1,088,276 shares of the company were traded, for an average volume of 1,258,302. Coupa Software Incorporated has a 52-week low of $ 203.51 and a 52-week high of $ 377.04. The company has a leverage ratio of 0.97, a quick ratio of 0.79, and a current ratio of 0.79. The company has a market cap of $ 16.39 billion, a P / E ratio of -50.39 and a beta of 1.44. The company’s 50-day simple moving average is $ 231.24 and its 200-day simple moving average is $ 242.88.

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Coupa Software (NASDAQ: COUP) last published its results on Monday, September 6. The tech company reported EPS of $ 0.26 for the quarter, beating analyst consensus estimates of ($ 0.06) by $ 0.32. The company posted revenue of $ 179.25 million for the quarter, compared to a consensus estimate of $ 162.98 million. Coupa Software recorded a negative return on equity of 17.63% and a negative net margin of 48.86%. Coupa Software’s quarterly revenue increased 42.3% compared to the same quarter last year. In the same quarter of last year, the company posted EPS of $ 0.21. On average, analysts expect Coupa Software Incorporated to post -2.45 EPS for the current year.

A number of analysts have published reports on COUP stocks. Citigroup reduced its price target on Coupa Software shares from $ 272.00 to $ 254.00 and set a “neutral” rating for the company in a report released on Tuesday, June 8. Truist Securities lowered its price target for Coupa Software stock from $ 386.00 to $ 326.00 and set a “buy” rating on the stock in a research note on Tuesday, June 8. BTIG Research reaffirmed a “retention” rating for Coupa Software’s stock in a research report released on Tuesday, June 8. Raymond James raised his price target on Coupa Software from $ 300.00 to $ 315.00 and rated the stock as “outperforming” in a research note on Wednesday, September 8. Finally, Truist lowered its target price on Coupa Software from $ 386.00 to $ 326.00 and set a “buy” rating on the stock in a research report released on Tuesday, June 8. They noted that the move was an appraisal call. One analyst rated the stock with a sell rating, ten gave a conservation rating, eleven issued a buy rating, and one issued a strong buy rating for the company’s stock. Based on MarketBeat data, Coupa Software currently has a consensus rating of “Buy” and a consensus target price of $ 295.22.

Several large investors have recently changed their holdings in the company. B. Metzler seel. Sohn & Co. Holding AG increased its stake in Coupa Software by 5.0% in the second quarter. B. Metzler seel. Sohn & Co. Holding AG now owns 1,045 shares of the tech company valued at $ 274,000 after acquiring an additional 50 shares during the period. Comerica Bank increased its stake in Coupa Software by 23.1% during the second quarter. Comerica Bank now owns 2,636 shares of the tech company valued at $ 554,000 after purchasing an additional 494 shares in the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in Coupa Software in the second quarter valued at $ 33,143,000. Marshall Wace LLP increased its position in Coupa Software shares by 2,022.2% in the second quarter. Marshall Wace LLP now owns 22,941 shares of the tech company valued at $ 6,014,000 after acquiring an additional 21,860 shares in the last quarter. Finally, Marshall Wace North America LP acquired a new position in Coupa Software shares in the second quarter for a value of $ 1,177,000.

Coupa Software Company Profile

Coupa Software, Inc is committed to providing enterprise expense management (BSM) solutions. Its products include invoices, expenses, salaries, expense analysis, strategic sourcing, labor contract management and supplier management. The company was founded by Noah Eisner and Dave Stephens in 2006 and is headquartered in San Mateo, California.

Further Reading: Stocks Increase Dividends

Insider Buys and Sells by Quarter for Coupa Software (NASDAQ: COUP)

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