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

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

SendGrid (NYSE:SEND) issued its quarterly earnings results on Monday, February, 26th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $31.73 million for the quarter, compared to analysts' expectations of $29.45 million. View SendGrid's Earnings History.

7 brokers have issued 1-year target prices for SendGrid's stock. Their predictions range from $27.00 to $32.00. On average, they anticipate SendGrid's stock price to reach $31.00 in the next year. View Analyst Ratings for SendGrid.

SendGrid saw a decrease in short interest in April. As of April 13th, there was short interest totalling 497,828 shares, a decrease of 36.1% from the March 30th total of 778,586 shares. Based on an average daily trading volume, of 836,680 shares, the days-to-cover ratio is presently 0.6 days. Currently, 2.6% of the company's stock are short sold.

Some companies that are related to SendGrid include Medidata Solutions (MDSO), HubSpot (HUBS), Nuance Communications (NUAN), BOX (BOX), Ellie Mae (ELLI), Commvault (CVLT), Paylocity (PCTY), Qualys (QLYS), Coupa (COUP), Manhattan Associates (MANH), ACI Worldwide (ACIW), Cornerstone OnDemand (CSOD), Mimecast (MIME), Q2 (QTWO) and Cloudera (CLDR).

(SEND) raised $112 million in an initial public offering on Wednesday, November 15th 2017. The company issued 7,700,000 shares at $13.50-$15.50 per share. Morgan Stanley and J.P. Morgan acted 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 public offering 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 major shareholders and company insiders from selling shares in the company have been lifted.

News headlines about SEND stock have trended somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SendGrid earned a daily sentiment score of 0.18 on Accern's scale. They also gave media coverage about the company an impact score of 45.27 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

SendGrid's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 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 acquired 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 Wells Fargo & Company MN. 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 $26.39.

SendGrid has a market capitalization of $1.17 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]