Apptio Inc (NASDAQ:APTI) price target raised to $37.00 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 $37.00 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 $34.6667 per share, a potential 11.27% downside.

Some recent analyst ratings include

  • 7/31/2018-Apptio Inc (NASDAQ:APTI) had its Buy rating reiterated by Royal Bank of Canada with a $41.00 price target
  • 4/27/2018-Apptio Inc (NASDAQ:APTI) gets downgraded to Neutral by JPMorgan Chase & Co. with a price target of $18.00

Recent Insider Trading Activity For Apptio Inc (NASDAQ:APTI)
Apptio Inc (NASDAQ:APTI) has insider ownership of 24.16% and institutional ownership of 72.49%.

  • On 9/4/2018 John C. Morrow, Insider, sold 7,594 with an average share price of $38.42 per share and the total transaction amounting to $291,761.48.
  • On 8/30/2018 John C. Morrow, Insider, sold 1,201 with an average share price of $38.20 per share and the total transaction amounting to $45,878.20.
  • On 8/28/2018 Sachin Gupta, Insider, sold 25,000 with an average share price of $37.70 per share and the total transaction amounting to $942,500.00.
  • On 8/24/2018 Sachin Gupta, Insider, sold 25,000 with an average share price of $37.07 per share and the total transaction amounting to $926,750.00.
  • On 8/20/2018 Christopher Pick, Insider, sold 1,852 with an average share price of $35.31 per share and the total transaction amounting to $65,394.12.
  • On 8/20/2018 Lawrence Blasko, CRO, sold 2,777 with an average share price of $35.31 per share and the total transaction amounting to $98,055.87.
  • On 8/16/2018 Sachin Gupta, Insider, sold 25,000 with an average share price of $35.17 per share and the total transaction amounting to $879,250.00.

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 38,79 +0,60 1,57 % with 167250 shares trading hands.