Today, the COO of Envestnet Inc (ENV), Joshua Mayer, sold shares of ENV for $67.54K.
Following Joshua Mayer’s last ENV Sell transaction on August 22, 2018, the stock climbed by 8.1%.
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Based on Envestnet Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $200 million and GAAP net loss of $18.19 million. In comparison, last year the company earned revenue of $198 million and had a net profit of $8.1 million. Currently, Envestnet Inc has an average volume of 313.2K.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $74.75, reflecting a 8.6% upside.
The insider sentiment on Envestnet Inc has been negative according to 149 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
