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Xactly (XTLY) Shows Strength: Stock Adds 16% in Session
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Xactly Corporation was a big mover last session, as its shares rose a little over 16% on the day. The move came after the company entered into an agreement to be acquired by private-equity firm Vista Equity Partners for $15.65 per share in a deal worth roughly $564 million. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up roughly 35% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Xactly currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Is XTLY going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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Xactly (XTLY) Shows Strength: Stock Adds 16% in Session
Xactly Corporation was a big mover last session, as its shares rose a little over 16% on the day. The move came after the company entered into an agreement to be acquired by private-equity firm Vista Equity Partners for $15.65 per share in a deal worth roughly $564 million. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up roughly 35% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Xactly currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Xactly Corporation Price
Xactly Corporation Price | Xactly Corporation Quote
A better-ranked stock in the Internet – Software space is AppFolio, Inc. (APPF - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is XTLY going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>