Credit Suisse Group has launched coverage of Coupa Software (NASDAQ:COUP). –

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Credit Suisse Group reportedly began covering Coupa Software (NASDAQ: COUP) shares on Friday, and they did so in a research note they released to clients and investors. The information was obtained via The Fly. The investment firm assigned an “underperforming” rating to the shares of the information technology company and set a price target of $60.00 for those shares. According to the price target provided by Credit Suisse Group, the stock price could decline by up to 3.51% in value from its most recent closing price. Commentary on the COUP has only recently become available and has been provided by a range of market research specialists.

On September 7, DA Davidson released a research note stating that the company had reduced its price target for Coupa Software from $75 to $70.00 and that the company had received an overall “neutral” rating. Coupa Software’s price target rose from $85.00 to $71.00 in a September 7 research report by Barclays. Additionally, at the time of the report’s release, an “equal weight” rating was assigned to the stock. In a research report released that day, Morgan Stanley lowered its “overweight” rating and price target on Coupa Software from $99.00 to $94.00 in a research report released that day. The price target was also lowered that day. In a research report released Sept. 7, Citigroup raised its price target for Coupa Software.

The new price target is $82.00, down from $70.00. In a research report published Tuesday, August 30, KeyCorp lowered its price target on Coupa Software from $75.00 to $70.00 and gave the company an “overweight” rating in a research report. The efficiency of the company was the subject of the study. Eleven finance professionals recommended buying the stock, four investment professionals suggested selling it and eight advised investors to maintain their current position in the stock. Information gathered from Bloomberg indicates that Coupa Software’s general view is to “hold” the business, and the average price target is $90.35.

When trading began on Friday, one share of COUP was selling for $62.18. Over the past year, the cost of Coupa Software fluctuated between $50.54 and $259.90, with a low of $50.54 and a high of $259.90, respectively. The debt ratio is calculated at 6.81, the current ratio is calculated at 1.82 and the quick ratio is also calculated at 1.82. The company’s stock price moving average over the past 200 days is $75.11, while its stock price moving average over the past 50 days is $66.67. The company’s price/earnings ratio is -13.55 and its beta value is 1.50. The company beta value is 1.50. According to market cap, the company is currently valued at $4.72 billion.

Coupa Software (NASDAQ: COUP) has released its latest quarterly report containing financial details about Coupa Software (NASDAQ: COUP). The information technology company’s quarterly earnings per share came in at $0.20, $0.11 above the average expectation of $0.09 per share, which the company had provided . Coupa Software had a negative net margin and a negative return on equity for the company. The negative net margin was -43.73% and the negative return on equity was -24.29%. Sales for the quarter reached a final total of $211.10 million, well above the average expectation of $203.99 million. The company recorded a loss of $0.35 per share compared to the performance of the same period a year earlier.

Compared to the same period a year earlier, the company’s third quarter sales were up 17.8%. Sell-side analysts expect Coupa Software to post a loss of 2.27 cents per share in earnings for the current fiscal year. On August 3, Mark Riggs, who worked for Coupa Software, sold 5,018 shares of the company. The stock transaction had a total value of $377,955.76, which translates to a price of $75.32 for each share. The transaction was disclosed in a filing with the SEC, which can be viewed in full by following this link. On August 3, Coupa Software insider Mark Riggs participated in a transaction involving the sale of 5,018 shares of the company. The stock transaction had a total value of $377,955.76, which translates to a price of $75.32 for each share. You can find a filing that explains the transaction in more detail on the Securities and Exchange Commission (SEC) website.

Additionally, on September 21, 8,074 shares of the company were sold by Robert Bernshteyn, the company’s chief executive. The stock was bought and sold for a total value of $534,498.80, with the average price per share being $66.20. This resulted in an accumulation of income. Following the completion of the transaction, the CEO now directly controls 252,274 shares of the company, which have a combined value of approximately $16,700,538.80. Disclosures related to the sale can be found in this section of the website. Recent sales of 19,620 shares by insiders of the company resulted in a total value of $1,342,253, according to the most recent accounting of these transactions. 2.20 the management and employees of the company own one percent of the total number of shares of the company. Over the past few months, several large institutional investors have changed their equity portfolios.

Comerica Bank increased the proportion of its stake in Coupa Software by 1.5% during the second quarter of the year. After buying 167 more shares in the last quarter, Comerica Bank now owns 11,274 shares of the technology company, worth $697,000. These shares were acquired during the last quarter. Approximately $32,000 was paid by Standard Family Office LLC during the fourth quarter to purchase a larger stake in the Coupa Software company. 5.6% more shares of Daiwa Securities Group Inc. in Coupa Software in the first three months of 2018. Daiwa Securities Group Inc. now owns 3,780 shares held by the technology business, which has a combined value of $384,000 due to the acquisition of 200 additional shares during the last quarter.

In the first three months of the year, Fernwood Investment Management LLC increased the percentage of Coupa Software shares it held by 3.2%. Following the acquisition of 213 additional shares in the last fiscal quarter, Fernwood Investment Management LLC now owns a total of 6,840 shares of the technology company, which are estimated to be worth $695,000. And as a final point of interest, the Arizona State Retirement System increased the number of Coupa Software shares held by 1.1% during the second quarter. Following the acquisition of 228 additional shares in the previous quarter, the Arizona State Retirement System now has 20,843 shares held by the technology company. These shares are currently valued at $1,190,000 when taken together.

Coupa Software Incorporated is a company that operates in the cloud and provides its customers with a solution to manage their expenses. Thanks to this technology, customers can now communicate with suppliers anywhere in the world. Businesses can see and control their expenses through the organization, which helps them manage their cash flow, but also helps them improve their supply chains and reduce costs, which helps them make more money .

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