Apptio Inc (NASDAQ:APTI) price target raised to $36.00 by Barclays

ME Staff
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Analyst Ratings For Apptio Inc (NASDAQ:APTI)

Today, Barclays raised its price target on Apptio Inc (NASDAQ:APTI) to $36.00 per share.

There are 7 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Apptio Inc (NASDAQ:APTI) is Buy with a consensus target price of $33.8889 per share, a potential 6.20% downside.

Some recent analyst ratings include

  • 7/31/2018-Royal Bank of Canada Reiterated Rating of Buy.
  • 4/27/2018-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Overweight ” rating to a ” Neutral” rating. They now have a $18.00 price target on the stock, up previously from $27.00 .

Recent Insider Trading Activity For Apptio Inc (NASDAQ:APTI)
Apptio Inc (NASDAQ:APTI) has insider ownership of 24.16% and institutional ownership of 64.24%.

  • On 6/12/2018 Sachin Gupta, Insider, sold 30,600 with an average share price of $34.69 per share and the total transaction amounting to $1,061,514.00.
  • On 6/7/2018 Sachin Gupta, Insider, sold 23,200 with an average share price of $34.23 per share and the total transaction amounting to $794,136.00.
  • On 5/31/2018 John C. Morrow, Insider, sold 6,628 with an average share price of $31.96 per share and the total transaction amounting to $211,830.88.
  • On 5/29/2018 John C. Morrow, Insider, sold 729 with an average share price of $31.69 per share and the total transaction amounting to $23,102.01.
  • On 5/23/2018 Sachin Gupta, Insider, sold 23,200 with an average share price of $31.44 per share and the total transaction amounting to $729,408.00.
  • On 5/18/2018 Christopher Pick, Insider, sold 7,454 with an average share price of $31.20 per share and the total transaction amounting to $232,564.80.
  • On 5/18/2018 Lawrence Blasko, CRO, sold 11,179 with an average share price of $31.08 per share and the total transaction amounting to $347,443.32.

About Apptio Inc (NASDAQ:APTI)
Apptio, Inc. provides cloud-based technology business management (TBM) solutions to enterprises. Its cloud-based platform and SaaS applications enable IT leaders to analyze, optimize, and plan technology investments, as well as to benchmark financial and operational performance against peers. The company's TBM solutions consist of adaptive data management, which aggregates, cleanses, and correlates large amounts of customer data from various sources; and standard IT operating model and taxonomy that offers a standard model for how IT costs are captured, categorized, and allocated to IT and business services. Its solution also comprises visual modeling, which allows users to build and manage the financial and operational model of their IT organization; powerful calculation engine that allows the models to be applied across very large data sets accessible to users through the analytics capabilities included in its applications; intuitive, self-service analytics for IT and business users; and modular applications comprising cost transparency, IT benchmarking, business insights, bill of IT, and IT planning applications. The company operates in the United States, the United Kingdom, Germany, Denmark, the Netherlands, Australia, Canada, France, Singapore, and Italy. Apptio, Inc. was founded in 2007 and is headquartered in Bellevue, Washington.

Recent Trading Activity for Apptio Inc (NASDAQ:APTI)
Shares of Apptio Inc closed the previous trading session at 36,41 up +1,59 4,57 % with 36.4 shares trading hands.