Anaplan, Inc. (NYSE:PLAN) CEO Frank Calderoni Sells 37,287 Shares of Stock

Anaplan, Inc. (NYSE:PLAN) CEO Frank Calderoni sold 37,287 shares of the firm’s stock in a transaction dated Tuesday, September 14th. The shares were sold at an average price of $64.94, for a total transaction of $2,421,417.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Frank Calderoni also recently made the following trade(s):

  • On Friday, September 10th, Frank Calderoni sold 45,000 shares of Anaplan stock. The shares were sold at an average price of $65.82, for a total transaction of $2,961,900.00.
  • On Wednesday, September 1st, Frank Calderoni sold 73,541 shares of Anaplan stock. The stock was sold at an average price of $70.02, for a total transaction of $5,149,340.82.
  • On Tuesday, August 10th, Frank Calderoni sold 45,000 shares of Anaplan stock. The stock was sold at an average price of $55.28, for a total transaction of $2,487,600.00.
  • On Monday, July 12th, Frank Calderoni sold 45,000 shares of Anaplan stock. The stock was sold at an average price of $53.16, for a total transaction of $2,392,200.00.

NYSE PLAN opened at $65.06 on Wednesday. The firm’s fifty day moving average price is $58.90 and its two-hundred day moving average price is $56.85. The stock has a market cap of $9.51 billion, a PE ratio of -51.63 and a beta of 1.99. Anaplan, Inc. has a fifty-two week low of $46.00 and a fifty-two week high of $86.17.

Anaplan (NYSE:PLAN) last issued its quarterly earnings data on Monday, August 30th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.05. Anaplan had a negative net margin of 35.47% and a negative return on equity of 64.29%. The company had revenue of $144.32 million for the quarter, compared to analysts’ expectations of $133.80 million. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. Anaplan’s revenue for the quarter was up 35.5% on a year-over-year basis. As a group, analysts expect that Anaplan, Inc. will post -1.33 EPS for the current year.

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Anaplan by 0.5% in the second quarter. Vanguard Group Inc. now owns 12,288,210 shares of the company’s stock worth $654,961,000 after purchasing an additional 55,317 shares during the last quarter. FMR LLC lifted its holdings in Anaplan by 92.3% in the second quarter. FMR LLC now owns 11,085,764 shares of the company’s stock valued at $590,871,000 after buying an additional 5,319,915 shares during the period. BlackRock Inc. lifted its holdings in Anaplan by 1.0% in the first quarter. BlackRock Inc. now owns 6,641,150 shares of the company’s stock valued at $357,626,000 after buying an additional 65,218 shares during the period. JPMorgan Chase & Co. lifted its holdings in Anaplan by 19.9% in the second quarter. JPMorgan Chase & Co. now owns 4,197,166 shares of the company’s stock valued at $223,712,000 after buying an additional 696,072 shares during the period. Finally, Jackson Square Partners LLC lifted its holdings in Anaplan by 27.3% in the first quarter. Jackson Square Partners LLC now owns 3,326,825 shares of the company’s stock valued at $179,149,000 after buying an additional 713,229 shares during the period. 91.18% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Anaplan from a “hold” rating to a “sell” rating in a research report on Tuesday, September 7th. Canaccord Genuity reiterated a “buy” rating and issued a $80.00 price target on shares of Anaplan in a research report on Wednesday, September 1st. Barclays lifted their price target on shares of Anaplan from $70.00 to $82.00 and gave the company an “overweight” rating in a research report on Wednesday, September 1st. They noted that the move was a valuation call. Morgan Stanley lifted their price target on shares of Anaplan from $65.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, September 2nd. Finally, KeyCorp lifted their price target on shares of Anaplan from $60.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, September 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $79.17.

Anaplan Company Profile

Anaplan, Inc engages in the provision of cloud-based connected planning platform that connects organizations and people for decision making. It also offers professional services, including consulting, implementation and training. The company was founded by Michael Gould, John David Guy Haddleton and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.

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Insider Buying and Selling by Quarter for Anaplan (NYSE:PLAN)

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