.png "Vonage Holdings (NYSE: VG)")
Today, the President of Vonage Holdings (VG), Omar Muhammad Javaid, sold shares of VG for $1.66M.
In addition to Omar Muhammad Javaid, 2 other VG executives reported Sell trades in the last month.
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Based on Vonage Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $280 million and GAAP net loss of $534K. In comparison, last year the company earned revenue of $254 million and had a net profit of $24.52 million. VG’s market cap is $2.86B and the company has a P/E ratio of 282.97. Currently, Vonage Holdings has an average volume of 2.7M.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $14.75, reflecting a 23.5% upside.
In the last 30 days, insiders have sold $5.09M worth of VG shares and purchased $121.5K worth of VG shares. The insider sentiment on Vonage Holdings has been neutral according to 92 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Vonage Holdings Corp. engages in the provision of communication services through cloud-connected devices. It operates through the Business and Consumer segments.
