279 institutions hold shares in Medallia Inc. (MDLA), with 10.67M shares held by insiders accounting for 6.87% while institutional investors hold 100.14% of the company’s shares. The shares outstanding are 151.72M, and float is at 137.59M with Short Float at 9.01%. Institutions hold 93.27% of the Float.
The top institutional shareholder in the company is SC US (TTGP) Ltd with over 44.41 million shares valued at $1.48 billion. The investor’s holdings represent 28.27% of the MDLA Shares outstanding. As of Dec 30, 2020, the second largest holder is Champlain Investment Partners, LLC with 11.92 million shares valued at $396.04 million to account for 7.59% of the shares outstanding. The other top investors are Wasatch Advisors Inc which holds 8.98 million shares representing 5.72% and valued at over $298.37 million, while Bank Of New York Mellon Corporation holds 5.19% of the shares totaling 8.15 million with a market value of $270.78 million.
Medallia Inc. (NYSE: MDLA) is -9.72% lower on its value in year-to-date trading and has touched a low of $19.70 and a high of $48.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MDLA stock was last observed hovering at around $30.38 in the last trading session, with the day’s loss setting it -0.39% off its average median price target of $44.00 for the next 12 months. It is also 49.17% off the consensus price target high of $59.00 offered by 12 analysts, but current levels are 11.79% higher than the price target low of $34.00 for the same period.
Currently trading at $29.99, the stock is 1.66% and -7.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing -1.28% at the moment leaves the stock -8.81% off its SMA200. MDLA registered 35.70% gain for a year compared to 6-month loss of -0.86%. The firm has a 50-day simple moving average (SMA 50) of $29.09 and a 200-day simple moving average (SMA200) of $34.03.
The stock witnessed a 11.12% gain in the last 1 month and extending the period to 3 months gives it a -28.42%, and is 3.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.96% over the week and 4.17% over the month.
Medallia Inc. (MDLA) has around 2037 employees, a market worth around $4.66B and $477.20M in sales. Fwd P/E is 1666.11. Profit margin for the company is -31.20%. Distance from 52-week low is 52.23% and -37.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.30%).
Medallia Inc. (MDLA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Medallia Inc. (MDLA) is a “Buy”. 12 analysts offering their recommendations for the stock have an average rating of 1.40, where 0 rate it as a Hold and 1 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Medallia Inc. is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at -$0.07 with sales reaching $127.39M over the same period.The EPS is expected to shrink by -21.20% this year, but quarterly earnings will post 18.30% year-over-year.
Medallia Inc. (MDLA) Insider Activity
A total of 119 insider transactions have happened at Medallia Inc. (MDLA) in the last six months, with sales accounting for 94 and purchases happening 25 times. The most recent transaction is an insider sale by Ottosson Mikael J, the company’s Chief Technology Officer & EVP. SEC filings show that Ottosson Mikael J sold 75,000 shares of the company’s common stock on Apr 26 at a price of $30.07 per share for a total of $2.26 million. Following the sale, the insider now owns 0.16 million shares.
Medallia Inc. disclosed in a document filed with the SEC on Apr 23 that Hald Borge (Director) sold a total of 6,469 shares of the company’s common stock. The trade occurred on Apr 23 and was made at $29.08 per share for $0.19 million. Following the transaction, the insider now directly holds 1.54 million shares of the MDLA stock.
Still, SEC filings show that on Apr 23, Hald Borge (Director) disposed off 6,471 shares at an average price of $29.08 for $0.19 million. The insider now directly holds 2,132,105 shares of Medallia Inc. (MDLA).