Fenwick & West represented Proofpoint, Inc. (NASDAQ:PFPT) in the transaction. The purchase price for the transaction is approximately $111 million in cash and approximately $9 million in Proofpoint common stock and options. The Proofpoint common stock will be issued and a certain portion of the cash will be paid subject to satisfaction of certain employment terms. With this acquisition, Proofpoint will strengthen its cloud-based architecture and people-centric security platform, enabling customers to better protect their people and the applications and data they access beyond the traditional perimeter.
Proofpoint, Inc. (NASDAQ:PFPT), a Technology sector firm, traded
276165 shares in last trading session with closing price of $111.57 per share.
Company gross margin stands at 72.30% whereas its return on investment (ROI) is
-17.30%. Stock value has moved between $75.9 – 131.26 in last one year.
Analyst’s mean target price for Proofpoint, Inc.
(NASDAQ:PFPT) is $138.19 while analysts mean recommendation is 1.70. PFPT EPS
growth this year is -22.70%.
On last trading day, Nabors Industries Ltd. (NYSE:NBR) shares closed at $2.59
per share. NBR market capitalization is 1046.20 with beta of 2.45. Analyst’s
mean target price for Nabors Industries Ltd. (NYSE:NBR) is $4.94 whereas analysts mean recommendation is 2.40. Its weekly
performance is 28.22% while year to date (YTD) performance is 29.50%.
In last session Lincoln Electric Holdings, Inc. (NASDAQ:LECO) traded 288761
shares and was closed at $79.61. Analyst’s mean target price for LECO is $94.22
while analysts mean recommendation is 2.30. Company is -18.71% away from its 52
week high and is moving 10.15% ahead of its 52 week low. LECO Gross Margin is
34.00% and its return on assets is 12.50%. Lincoln Electric Holdings, Inc.
(NASDAQ:LECO) quarterly performance is -2.40% while its price to sale ratio is
1.69.
Alcoa Corporation (NYSE:AA), a Basic Materials sector firm, traded 2.17 Million
shares on last trading day with closing price of $22.22 per share. Company
gross margin stands at 24.20% whereas its return on investment (ROI) is 14.20%.
Stock value has moved between $20.77 – 49.38 in last one year. Analyst’s mean
target price for Alcoa Corporation (NYSE:AA) is $35.58 while analysts mean
recommendation is 2.10. AA EPS growth this year is -6.00%.
