NYSE:SEND - SendGrid Stock Price, Price Target & More

SendGrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEND."

SendGrid Inc (NYSE:SEND) announced its earnings results on Tuesday, May, 1st. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.03. The business had revenue of $32.57 million for the quarter, compared to the consensus estimate of $32.05 million. View SendGrid's Earnings History.

7 equities research analysts have issued twelve-month price objectives for SendGrid's stock. Their forecasts range from $27.00 to $32.00. On average, they anticipate SendGrid's share price to reach $31.00 in the next twelve months. View Analyst Ratings for SendGrid.

Some companies that are related to SendGrid include Medidata Solutions (MDSO), Nuance Communications (NUAN), Ellie Mae (ELLI), BOX (BOX), Qualys (QLYS), Coupa Software (COUP), Manhattan Associates (MANH), Paylocity (PCTY), CommVault Systems (CVLT), ACI Worldwide (ACIW), Mongodb (MDB), Cornerstone OnDemand (CSOD), BlackLine (BL), Q2 (QTWO) and Appian (APPN).

(SEND) raised $112 million in an initial public offering on Wednesday, November 15th 2017. The company issued 7,700,000 shares at a price of $13.50-$15.50 per share. Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and William Blair, KeyBanc Capital Markets, Piper Jaffray and Stifel were co-managers.

SendGrid's lock-up period expired on Monday, May 14th. SendGrid had issued 8,200,000 shares in its IPO on November 15th. The total size of the offering was $131,200,000 based on an initial share price of $16.00. Since the expiration of SendGrid's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Media headlines about SEND stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SendGrid earned a daily sentiment score of 0.13 on Accern's scale. They also gave press coverage about the company an impact score of 45.81 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

SendGrid's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.17%), Keenan Capital LLC (0.99%), Massachusetts Financial Services Co. MA (0.99%), Wells Fargo & Company MN (0.96%), Vista Equity Partners Management LLC (0.77%) and Pier Capital LLC (0.56%). Company insiders that own SendGrid stock include Craig Kaes, Group Select Fund LP Foundry and Sameer Dholakia. View Institutional Ownership Trends for SendGrid.

SEND stock was sold by a variety of institutional investors in the last quarter, including Keenan Capital LLC, Vista Equity Partners Management LLC, Massachusetts Financial Services Co. MA, Principal Financial Group Inc. and Principal Financial Group Inc.. Company insiders that have sold SendGrid company stock in the last year include Craig Kaes, Group Select Fund LP Foundry and Sameer Dholakia. View Insider Buying and Selling for SendGrid.

SEND stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, Pier Capital LLC, Victory Capital Management Inc., Spark Investment Management LLC, Franklin Resources Inc., Millennium Management LLC and EAM Global Investors LLC. View Insider Buying and Selling for SendGrid.

Shares of SEND can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SEND stock can currently be purchased for approximately $28.33.

SendGrid has a market capitalization of $1.25 billion and generates $111.89 million in revenue each year. The company earns $-6,250,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. SendGrid employs 415 workers across the globe.

SendGrid's mailing address is 1801 California Street Suite 500, Denver CO, 80202. The company can be reached via phone at 888-985-7363 or via email at [email protected]