EPS for Proofpoint, Inc. (PFPT) Expected At $-0.33

September 16, 2018 - By Billy Entrekin

Proofpoint, Inc. (NASDAQ:PFPT) LogoInvestors sentiment increased to 1.25 in 2018 Q2. Its up 0.41, from 0.84 in 2018Q1. It increased, as 22 investors sold Proofpoint, Inc. shares while 90 reduced holdings. 57 funds opened positions while 83 raised stakes. 46.73 million shares or 5.46% less from 49.43 million shares in 2018Q1 were reported.
5,295 are held by Brown Advisory Securities Limited Liability Co. Federated Invsts Pa holds 0% in Proofpoint, Inc. (NASDAQ:PFPT) or 1,386 shares. Ww Asset Incorporated invested in 0.01% or 1,780 shares. Engineers Gate Manager L P stated it has 0.21% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT). Aqr Cap Mngmt Ltd Llc accumulated 13,195 shares. Envestnet Asset Incorporated stated it has 0% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT). Vident Invest Advisory Ltd invested 0.03% in Proofpoint, Inc. (NASDAQ:PFPT). Barclays Plc reported 78,931 shares. Gam Hldg Ag holds 34,840 shares or 0.14% of its portfolio. Creative Planning, Kansas-based fund reported 2,029 shares. The California-based California State Teachers Retirement has invested 0.02% in Proofpoint, Inc. (NASDAQ:PFPT). Parametric Portfolio Assoc Limited Liability Corp owns 80,012 shares or 0.01% of their US portfolio. Lord Abbett And Co Lc accumulated 257,201 shares. Shine Advisory Ser holds 452 shares. Invesco Limited stated it has 0.02% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT).

Since March 14, 2018, it had 0 buys, and 14 sales for $20.37 million activity. 1,040 shares were sold by Johnson Michael M, worth $119,913. Knight David also sold $945,171 worth of Proofpoint, Inc. (NASDAQ:PFPT) on Wednesday, July 11. The insider Swaroop Bhagwat sold 1,000 shares worth $125,610. $579,307 worth of stock was sold by Lee Robert Darren on Wednesday, June 6. Steele Gary had sold 100,000 shares worth $6.25M. Auvil Paul R. III had sold 40,000 shares worth $4.64 million on Wednesday, September 5.

Analysts expect Proofpoint, Inc. (NASDAQ:PFPT) to report $-0.33 EPS on October, 18.They anticipate $0.03 EPS change or 10.00 % from last quarter’s $-0.3 EPS. After having $-0.39 EPS previously, Proofpoint, Inc.’s analysts see -15.38 % EPS growth. The stock decreased 2.58% or $2.95 during the last trading session, reaching $111.32. About 919,843 shares traded or 1.87% up from the average. Proofpoint, Inc. (NASDAQ:PFPT) has risen 26.93% since September 16, 2017 and is uptrending. It has outperformed by 11.31% the S&P500.

Proofpoint, Inc. (NASDAQ:PFPT) Ratings Coverage

Among 13 analysts covering Proofpoint (NASDAQ:PFPT), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Proofpoint had 15 analyst reports since March 16, 2018 according to SRatingsIntel. The firm has “Buy” rating by Stephens given on Wednesday, April 11. The stock has “Hold” rating by Goldman Sachs on Tuesday, April 10. The company was maintained on Friday, April 27 by JMP Securities. The rating was maintained by Citigroup on Monday, April 16 with “Buy”. The firm has “Outperform” rating given on Friday, April 27 by Imperial Capital. Wedbush maintained it with “Outperform” rating and $136 target in Friday, April 27 report. The stock of Proofpoint, Inc. (NASDAQ:PFPT) earned “Buy” rating by RBC Capital Markets on Monday, April 23. The rating was maintained by Cowen & Co on Friday, April 20 with “Buy”. Deutsche Bank maintained the shares of PFPT in report on Friday, March 16 with “Buy” rating. As per Monday, April 23, the company rating was maintained by Needham.

Proofpoint, Inc. operates as a security-as-a-service well-known provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. The company has market cap of $5.85 billion. It offers threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions. It currently has negative earnings. The firm provides email security products that include Enterprise Protection secure email gateway, Email Fraud Defense, Email Continuity, and Proofpoint Essentials, which are design to protect customers' mission-critical messaging infrastructure from outside threats, enable enterprises to authenticate their email to reduce consumer phishing, fight business email compromise attacks, and keep email operational in the event of a service well-known provider outage.

More news for Proofpoint, Inc. (NASDAQ:PFPT) were recently published by: Seekingalpha.com, which released: “Proofpoint: High Growth In A Red Ocean” on September 10, 2018. Nasdaq.com‘s article titled: “Proofpoint Partners with Okta, Boosts Automated Incident Response and Integrated Authentication to Enhance …” and published on September 05, 2018 is yet another important article.

Proofpoint, Inc. (NASDAQ:PFPT) Institutional Positions Chart

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