Anaplan, Inc. (NYSE:PLAN) CEO Sells $3,282,750.00 in Stock

Anaplan, Inc. (NYSE:PLAN) CEO Frank Calderoni sold 45,000 shares of the stock in a transaction dated Monday, January 11th. The stock was sold at an average price of $72.95, for a total transaction of $3,282,750.00. Following the sale, the chief executive officer now owns 1,257,697 shares in the company, valued at $91,748,996.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Frank Calderoni also recently made the following trade(s):

  • On Tuesday, December 22nd, Frank Calderoni sold 50,478 shares of Anaplan stock. The stock was sold at an average price of $70.32, for a total transaction of $3,549,612.96.
  • On Thursday, December 10th, Frank Calderoni sold 45,000 shares of Anaplan stock. The shares were sold at an average price of $70.89, for a total transaction of $3,190,050.00.
  • On Monday, November 23rd, Frank Calderoni sold 50,608 shares of Anaplan stock. The shares were sold at an average price of $62.10, for a total transaction of $3,142,756.80.
  • On Tuesday, November 10th, Frank Calderoni sold 45,000 shares of Anaplan stock. The shares were sold at an average price of $59.92, for a total transaction of $2,696,400.00.
  • On Wednesday, October 21st, Frank Calderoni sold 50,743 shares of Anaplan stock. The shares were sold at an average price of $60.00, for a total transaction of $3,044,580.00.

Anaplan stock opened at $71.20 on Thursday. Anaplan, Inc. has a 52-week low of $26.04 and a 52-week high of $76.37. The firm has a 50 day moving average price of $70.99 and a two-hundred day moving average price of $58.95. The firm has a market cap of $10.10 billion, a price-to-earnings ratio of -65.93 and a beta of 2.02.

Anaplan (NYSE:PLAN) last announced its quarterly earnings data on Monday, November 23rd. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.05. The company had revenue of $114.88 million during the quarter, compared to the consensus estimate of $109.73 million. Anaplan had a negative net margin of 36.81% and a negative return on equity of 46.17%. Equities research analysts expect that Anaplan, Inc. will post -1.05 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. Acadian Asset Management LLC acquired a new stake in shares of Anaplan during the 3rd quarter worth approximately $53,000. Private Advisor Group LLC acquired a new stake in shares of Anaplan during the 2nd quarter worth approximately $96,000. US Bancorp DE grew its position in shares of Anaplan by 14.4% during the 3rd quarter. US Bancorp DE now owns 2,182 shares of the company’s stock worth $137,000 after buying an additional 275 shares during the period. Summit X LLC acquired a new stake in shares of Anaplan during the 3rd quarter worth approximately $75,000. Finally, Evolution Wealth Advisors LLC acquired a new stake in shares of Anaplan during the 3rd quarter worth approximately $159,000. 94.74% of the stock is owned by institutional investors.

A number of research firms have recently weighed in on PLAN. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised their price target on shares of Anaplan from $62.00 to $72.00 in a research note on Wednesday, November 25th. BidaskClub downgraded shares of Anaplan from a “buy” rating to a “hold” rating in a research note on Tuesday, January 5th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Anaplan from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Thursday, November 12th. Barclays raised their price objective on shares of Anaplan from $65.00 to $71.00 and gave the company an “equal weight” rating in a report on Wednesday, November 25th. They noted that the move was a valuation call. Finally, Morgan Stanley raised their price objective on shares of Anaplan from $58.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, November 25th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $70.04.

Anaplan Company Profile

Anaplan, Inc provides a cloud-based connected planning platform to connect organizations and people. Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in connecting various areas of an organization, such as finance, sales, supply chain, marketing, human resources, and operations.

Read More: Fundamental Analysis

Insider Buying and Selling by Quarter for Anaplan (NYSE:PLAN)

Receive News & Ratings for Anaplan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anaplan and related companies with MarketBeat.com's FREE daily email newsletter.