These Are Shining Before Sunrise – LogMeIn, Inc. (LOGM) and Teligent, Inc. (TLGT)

Simon Michael K, Director, sold 2,500 shares of the LogMeIn, Inc. (NASDAQ:LOGM) in an exchange that happened on March 11th. The stock was sold at an average price of $81.16 per share, amounting to a transaction worth $202,909. The sale was made public in a document filed with the SEC. Additionally, Director Simon Michael K sold 20,000 shares of this stock in a transaction that took place on March 11th. The stock was sold at an average price of $81.18 per share, for a total exchange amounting to $1,623,521. After the transaction, the Director Simon Michael K currently holds 543,353 shares of the company’s stock, which is worth approximately $43674714.

With this stock price’s latest movement, it is now -34.65% away from its 1-year high and 7.36% higher than its 1-year low price. In the past seven days, the stock price volatility for LogMeIn, Inc. was 2.35%, whereas its volatility in the past 30 days has been 2.03%. This public company’s stock also has a beta score of 1.04. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

LogMeIn, Inc. (NASDAQ:LOGM) most recently published its quarterly earnings results. The firm posted $1.47 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $1.41 by $0.06. The publicly-traded organization reported revenue of $310.20 million for the quarter, compared to the average analyst forecast calling for $306.56 million, which was surpassing the analyst consensus estimate.

Shares of LogMeIn, Inc. (LOGM) plunged -3.67%, amounting to a loss of -$3.06 per share, to finish the regular trading session at $80.38 on Friday April 12th, 2019. After beginning the session at $79.08, shares of LogMeIn, Inc. reached as high as $80.57 during the day, while hitting a 1-day low of $75.39. Trade volume reached 2,032,090 shares against this stock’s average daily volume of 797.89K shares, with a total float of 48.83M. As a consequence of the price decrease, LogMeIn, Inc. now has a current market value of 4.06B.

Teligent, Inc. (NASDAQ:TLGT) added 6.80% to its trading price by the close of the most recent session, jumping from its previous closing price of $0.96 to $1.02. This stock decreased in value by -1.92% during the last 7-day period, and experienced a loss of -30.14% over the past 30-day period. In the past three months, this stock’s price lost by -41.38% , and subtracted -69.09% to its price during the last six months of trading. TLGT demonstrated a yearly price loss of -63.96% , while its year-to-date (YTD) price performance has been down -25.55% . This stock’s price changed by +18.60% compared to its 90-day low, and moved down -46.32% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the TLGT stock as “Sell”. In the short-term, Teligent, Inc. (TLGT) has a 20-day average volume of 894,705 shares and short-term indicators sets the TLGT stock as “ 60% Sell ” on average basis. In the medium-term, TLGT stock has a 50-Day average volume of 583,730 shares and medium-term indicators gave the average rating of “ 100% Sell ”, while in the long-term period the stock has a 100-Day average volume of 504,681 shares. On average, long-term indicators rated the stock as “100% Sell ”. The overall picture from all short, medium and long-term indicators sets the TLGT stock as “88% Sell ” on average basis.

In other news related to Teligent, Inc. stock, 83.52% shares of TLGT held by institutions. The total number of institutions who held the TLGT shares was 94, according to most recent SEC filling. During the past quarter, total 44,912,106 shares held by institutions with the net change of 16,773 shares. In the meantime, 2 new institutions bought the shares of Teligent, Inc. for the first time and 0 institutions sold all their holdings in the company’s common stock. 2 institutions increased their investment in the TLGT stock and 4 institutions decreased their investment in the Teligent, Inc. (TLGT)’s stock during the last quarter.