In a report released today, Ryan MacDonald from Needham reiterated a Hold rating on Blackbaud (BLKB). The company’s shares closed last Monday at $77.74.
According to TipRanks.com, MacDonald is a 5-star analyst with an average return of 22.0% and a 77.0% success rate. MacDonald covers the Technology sector, focusing on stocks such as Verint Systems, Coupa Software, and Instructure.
The word on The Street in general, suggests a Hold analyst consensus rating for Blackbaud.
See today’s analyst top recommended stocks >>
The company has a one-year high of $97.35 and a one-year low of $72.33. Currently, Blackbaud has an average volume of 231.6K.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLKB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Blackbaud, Inc. engages in the provision of cloud-based and on-premises software solutions and related services for the global philanthropic community. It offers solutions for fundraising and constituent relationship management (CRM), marketing, advocacy, accounting, peer-to-peer fundraising, corporate social responsibility (CSR), school management, ticketing, grantmaking, financial management, payment processing, and analytics. The company was founded by Anthony E. Bakker in 1981 and is headquartered in Charleston, SC.
