The CLO of Envestnet Inc (ENV) is Selling Shares


Today, the CLO of Envestnet Inc (ENV), Shelly O’brien, sold shares of ENV for $743.6K.

Following Shelly O’brien’s last ENV Sell transaction on September 29, 2017, the stock climbed by 15.7%. In addition to Shelly O’brien, 2 other ENV executives reported Sell trades in the last month.

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Based on Envestnet Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $210 million and quarterly net profit of $223K. In comparison, last year the company earned revenue of $183 million and had a net profit of $17.65 million. ENV’s market cap is $3.21B and the company has a P/E ratio of 570.80. Currently, Envestnet Inc has an average volume of 241.8K.

Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $66.17, reflecting a 1.3% upside.

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Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through the Envestnet and Envestnet/Yodlee business segments. The Envestnet segment provides wealth management software and services to empower financial advisors and institutions.

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