In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on EngageSmart (ESMT – Research Report). The company’s shares closed yesterday at $17.64.
According to TipRanks, Van Rhee is a 5-star analyst with an average return of 18.5% and a 54.70% success rate. Van Rhee covers the Technology sector, focusing on stocks such as Asure, Rimini Street, and Ebix.
Currently, the analyst consensus on EngageSmart is a Moderate Buy with an average price target of $23.75.
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ESMT market cap is currently $2.95B and has a P/E ratio of 148.74.
Based on the recent corporate insider activity of 53 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 ESMT in relation to earlier this year. Last month, Seltzer Jonathan Cole, the President of ESMT sold 15,000.00 shares for a total of $254,100.00.
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.
Engagesmart Inc is a provider of vertically tailored customer engagement software and integrated payments capabilities. It offers single instance, multi-tenant, true Software-as-a-Service vertical solutions that are designed to simplify customers’ engagement with clients by driving digital adoption and self-service.
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