Xactly Corporation (XTLY) Scheduled to Post Earnings on Thursday
Xactly Corporation (NASDAQ:XTLY) will be releasing its Q217 earnings data on Thursday, September 8th. Analysts expect Xactly Corporation to post earnings of ($0.14) per share and revenue of $23.37 million for the quarter.
In other Xactly Corporation news, Director Carol Mills sold 30,000 shares of the company’s stock in a transaction on Thursday, June 9th. The stock was sold at an average price of $11.12, for a total value of $333,600.00. Following the completion of the sale, the director now directly owns 15,000 shares in the company, valued at approximately $166,800. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO L Evan Ellis, Jr. sold 3,000 shares of the company’s stock in a transaction on Wednesday, July 13th. The stock was sold at an average price of $13.00, for a total value of $39,000.00. Following the completion of the sale, the chief operating officer now owns 220,782 shares of the company’s stock, valued at $2,870,166. The disclosure for this sale can be found here.
Shares of Xactly Corporation (NASDAQ:XTLY) opened at 14.59 on Wednesday. The company has a 50-day moving average price of $13.25 and a 200 day moving average price of $9.78. Xactly Corporation has a 12-month low of $4.68 and a 12-month high of $14.90. The company’s market capitalization is $439.55 million.
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Several equities analysts have commented on XTLY shares. Oppenheimer Holdings reaffirmed a “buy” rating on shares of Xactly Corporation in a research report on Tuesday, June 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Xactly Corporation in a research report on Monday, June 6th. Zacks Investment Research downgraded Xactly Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 price objective (up previously from $13.00) on shares of Xactly Corporation in a research report on Tuesday, June 7th. Finally, National Securities initiated coverage on Xactly Corporation in a report on Tuesday, August 2nd. They issued a “buy” rating and a $17.00 target price for the company. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $15.00.
Xactly Corporation is a provider of cloud-based incentive compensation solutions for employee and sales performance management. The Company delivers its solutions through a software-as-a-service (SaaS) business model. The Company has a customer base, including companies in various industries, such as business and financial services, communications, life sciences, media and Internet, SaaS and traditional software, and retail.
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