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Sunday, April 2, 2023

This Is Too Hot For Qualtrics International Inc. (NASDAQ: XM), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Qualtrics International Inc. (XM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.06%, to $17.68. The Qualtrics International Inc. has recorded 50,143 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Qualtrics Partners With the DAISY Foundation™ to Honor Nurses Around the World.

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Stocks Info

As a NASDAQ listed company, XM falls under the Technology sector while operating within the Software – Application industry segment. At the end of the last regular session, the stock closed at $17.67 and fluctuated between $17.69 as its day high and $17.63 as its day low. The current market capitalization of Qualtrics International Inc. is $11.02B. A total of 9.54 million shares were traded on the day, compared to an average of 3.81M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, XM has seen 11 BUY and 62 SELL insider trades, representing the acquisition of 3,975,583 and the disposition of 1,991,676 shares. Over the last 12 months, there were 19 BUYs and 100 SELLs from insiders. Insiders purchased 4,105,771 shares during that period but sold 5,096,369.

In the most recent transaction, Smith Ryan S sold 140,129 shares of XM for 15.97 per share on Feb 10. After the transaction, the Founder and Executive Chair now owns 12,065,438 company shares. In a previous transaction on Feb 10, Serafin Zig sold 130,628 shares at 15.97 per share. XM shares that Chief Executive Officer owns now total 11,443,802.

Among the insiders who sold shares, Beckstead Chris disposed of 64,764 shares on Feb 10 at a per-share price of $15.97. This resulted in the President holding 5,176,666 shares of XM after the transaction. In another insider transaction, Bachman Robert W sold 4,817 shares at $15.97 per share on Feb 10. Company shares held by the Chief Financial Officer now total 561,465.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for XM in the last 3 months, the mean price target is $18.31 with high estimates of $21.00 and low estimates of $15.00. In terms of 52-week highs and lows, XM has a high of $30.95 and a low of $9.32.

As of this writing, XM has an earnings estimate of $0.02 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.04 per share and a lower estimate of $0. The company reported an EPS of $0.04 in the last quarter, which was 300.00% higher than expectations of -$0.02.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for XM is Hold with a score of 3.80. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 11 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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