BroadSoft (BSFT) - FREE Research Report

Hoffpauir Scott D. who is Chief Technology Officer at BroadSoft sold 10,832 shares at $36.00 on Oct. 16, 2013. Following this transaction, the Chief Technology Officer owned 123,943 shares meaning that the stake was reduced by 8.04% with the 10,832 share transaction.

The shares most recently traded at $35.76, down $0.24, or 0.67% since the insider transaction. Historical insider transactions for BroadSoft go as follows:

  • 4-Week # shares bought: 500
  • 4-Week # shares sold: 60,000
  • 12-Week # shares bought: 1,500
  • 12-Week # shares sold: 70,722
  • 24-Week # shares bought: 2,500
  • 24-Week # shares sold: 82,276

The average volume for BroadSoft has been 360,700 shares per day over the past 30 days. BroadSoft has a market cap of $1.0 billion and is part of the technology sector and computer software & services industry. Shares are down 0.63% year to date as of the close of trading on Friday.

BroadSoft, Inc. provides software and services that enable mobile, fixed-line, and cable service providers to deliver hosted or cloud-based unified communications and other voice and multimedia services over Internet protocol (IP) based networks. The company has a P/E ratio of 361.0. Currently there are 3 analysts that rate BroadSoft a buy, no analysts rate it a sell, and 7 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on BSFT - FREE

TheStreet Quant Ratings rates BroadSoft as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full BroadSoft Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
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