1,143 Shares in Everbridge, Inc. (NASDAQ:EVBG) Bought by Quest Partners LLC

Quest Partners LLC bought a new stake in shares of Everbridge, Inc. (NASDAQ:EVBG) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,143 shares of the technology company’s stock, valued at approximately $40,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Syon Capital LLC acquired a new position in shares of Everbridge during the fourth quarter valued at about $219,000. Mcdonald Capital Investors Inc. CA bought a new stake in shares of Everbridge in the 2nd quarter worth approximately $297,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Everbridge by 10.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,005 shares of the technology company’s stock worth $315,000 after purchasing an additional 836 shares in the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Everbridge by 23.8% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 14,376 shares of the technology company’s stock worth $498,000 after purchasing an additional 2,760 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Everbridge during the first quarter valued at approximately $547,000. 89.95% of the stock is owned by institutional investors.

Everbridge Price Performance

Everbridge stock opened at $35.00 on Thursday. The business has a 50 day simple moving average of $35.00 and a 200 day simple moving average of $34.89. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market capitalization of $1.46 billion, a PE ratio of -22.44, a price-to-earnings-growth ratio of 0.95 and a beta of 0.98. Everbridge, Inc. has a one year low of $18.50 and a one year high of $36.31.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Everbridge in a research report on Wednesday. They issued a “hold” rating for the company. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $30.40.

Insider Buying and Selling at Everbridge

In other news, insider Bryan Reed Barney sold 3,276 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $34.99, for a total value of $114,627.24. Following the sale, the insider now owns 18,569 shares of the company’s stock, valued at approximately $649,729.31. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.44% of the company’s stock.

Everbridge Company Profile

Everbridge, Inc engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events. Its SaaS-based CEM platform enables customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.