Press coverage about Coupa Software (NASDAQ:COUP) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Coupa Software earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.134336828973 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Coupa Software (NASDAQ:COUP) opened at $32.66 on Thursday. The company has a market capitalization of $1,790.00 and a price-to-earnings ratio of -32.66. Coupa Software has a fifty-two week low of $22.50 and a fifty-two week high of $37.72.
Coupa Software (NASDAQ:COUP) last released its quarterly earnings results on Monday, December 4th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.06. The firm had revenue of $47.30 million for the quarter, compared to the consensus estimate of $45.02 million. Coupa Software had a negative return on equity of 20.40% and a negative net margin of 24.37%. The company’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same period last year, the business posted ($0.22) EPS. equities analysts anticipate that Coupa Software will post -0.94 earnings per share for the current year.
In other news, insider Ravi Thakur sold 11,240 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $32.04, for a total value of $360,129.60. Following the transaction, the insider now directly owns 14,306 shares in the company, valued at approximately $458,364.24. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Todd R. Ford sold 12,000 shares of the firm’s stock in a transaction on Tuesday, October 17th. The stock was sold at an average price of $35.50, for a total value of $426,000.00. Following the completion of the transaction, the chief financial officer now owns 17,349 shares in the company, valued at $615,889.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 383,617 shares of company stock worth $13,119,945. Company insiders own 32.10% of the company’s stock.
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About Coupa Software
Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.
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