Needham analyst Ryan MacDonald reiterated a Hold rating on Blackbaud (BLKB) today. The company’s shares closed last Monday at $90.63.
According to TipRanks.com, MacDonald is a 5-star analyst with an average return of 16.8% and a 63.1% success rate. MacDonald covers the Technology sector, focusing on stocks such as Coupa Software Inc, eGain Corp, and Liveperson.
The word on The Street in general, suggests a Hold analyst consensus rating for Blackbaud.
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Blackbaud’s market cap is currently $4.46B and has a P/E ratio of 164.54. The company has a Price to Book ratio of 11.96.
Based on the recent corporate insider activity of 39 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.
