Anaplan Inc (NYSE:PLAN) CEO Frank Calderoni sold 45,000 shares of the firm’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $56.96, for a total transaction of $2,563,200.00. Following the sale, the chief executive officer now owns 1,142,810 shares in the company, valued at $65,094,457.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Frank Calderoni also recently made the following trade(s):
- On Tuesday, January 21st, Frank Calderoni sold 48,249 shares of Anaplan stock. The shares were sold at an average price of $56.04, for a total transaction of $2,703,873.96.
- On Thursday, January 2nd, Frank Calderoni sold 5,043 shares of Anaplan stock. The shares were sold at an average price of $54.01, for a total transaction of $272,372.43.
- On Tuesday, December 10th, Frank Calderoni sold 30,000 shares of Anaplan stock. The shares were sold at an average price of $51.65, for a total transaction of $1,549,500.00.
- On Thursday, November 21st, Frank Calderoni sold 50,025 shares of Anaplan stock. The shares were sold at an average price of $55.00, for a total transaction of $2,751,375.00.
- On Wednesday, November 13th, Frank Calderoni sold 30,000 shares of Anaplan stock. The shares were sold at an average price of $47.80, for a total transaction of $1,434,000.00.
- On Monday, October 21st, Frank Calderoni sold 49,957 shares of Anaplan stock. The shares were sold at an average price of $47.28, for a total transaction of $2,361,966.96.
PLAN traded up $0.15 on Friday, reaching $59.87. 1,565,636 shares of the company traded hands, compared to its average volume of 1,783,448. Anaplan Inc has a one year low of $29.90 and a one year high of $63.64. The firm has a fifty day simple moving average of $55.92 and a two-hundred day simple moving average of $52.72. The company has a market cap of $8.00 billion, a P/E ratio of -52.52 and a beta of 0.93. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.11.
Anaplan (NYSE:PLAN) last announced its quarterly earnings data on Thursday, November 21st. The company reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.04. Anaplan had a negative net margin of 45.48% and a negative return on equity of 46.75%. The company had revenue of $89.41 million during the quarter, compared to analyst estimates of $86.47 million. During the same quarter last year, the business posted ($0.18) EPS. The firm’s revenue for the quarter was up 44.2% on a year-over-year basis. On average, equities analysts forecast that Anaplan Inc will post -1.08 earnings per share for the current year.
Several large investors have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of Anaplan by 18.9% in the 2nd quarter. Royal Bank of Canada now owns 1,768 shares of the company’s stock valued at $89,000 after purchasing an additional 281 shares in the last quarter. Voya Investment Management LLC raised its holdings in shares of Anaplan by 1.4% in the 3rd quarter. Voya Investment Management LLC now owns 23,031 shares of the company’s stock valued at $1,082,000 after purchasing an additional 322 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Anaplan by 0.4% in the 1st quarter. First Trust Advisors LP now owns 104,734 shares of the company’s stock valued at $4,122,000 after purchasing an additional 387 shares in the last quarter. Metropolitan Life Insurance Co NY raised its holdings in shares of Anaplan by 6.7% in the 3rd quarter. Metropolitan Life Insurance Co NY now owns 6,171 shares of the company’s stock valued at $290,000 after purchasing an additional 388 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Anaplan by 23.1% in the 4th quarter. Parallel Advisors LLC now owns 2,400 shares of the company’s stock valued at $126,000 after purchasing an additional 450 shares in the last quarter. Institutional investors and hedge funds own 70.47% of the company’s stock.
A number of equities analysts have commented on PLAN shares. Wells Fargo & Co started coverage on shares of Anaplan in a research note on Monday, January 27th. They issued an “overweight” rating and a $73.00 price objective for the company. Evercore ISI reissued a “buy” rating and issued a $65.00 price objective on shares of Anaplan in a research note on Sunday, November 24th. Morgan Stanley reissued a “hold” rating and issued a $54.00 price objective (up from $53.00) on shares of Anaplan in a research note on Friday, November 22nd. ValuEngine cut shares of Anaplan from a “hold” rating to a “sell” rating in a research note on Saturday, January 4th. Finally, Mizuho reissued a “buy” rating and issued a $70.00 price objective (up from $60.00) on shares of Anaplan in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have given a buy rating to the company’s stock. Anaplan has an average rating of “Buy” and a consensus price target of $62.58.
Anaplan Company Profile
Anaplan, Inc engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. 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.
