Insider Activity to Watch: ServiceSource International, Inc. $SREV

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ServiceSource International, Inc. (SREV) insider have most recently took part in a trading activity. On Aug 23, 2017 Dunlevie Bruce, Director bought 22,562 shares having total worth of $75,357 at the price of $3.34 per share, following the transaction a total of 11,469,883 shares owned by Dunlevie Bruce. Before this latest buy, Dunlevie Bruce purchased SREV at 1 other times during the past twelve months, for a total investment of $90,820 at an average of $3.31 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 1 sell activities and 3 buy trades. Furthermore, over the past 12 months , the stock was traded 6 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 1 -6.93%
12 Month 3 3 -19.62%

Shares of ServiceSource International, Inc. (SREV) traded up 1.82% on Aug 22, 2017, hitting $3.36. 180,081 shares of the company’s stock traded hands. ServiceSource International, Inc. has a 52 week low of $3.17 and a 52 week high of $6.15. The company’s market cap is $422 million.

ServiceSource International, Inc. (SREV) last announced its earnings results on Aug 7, 2017. The company reported 0.02 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.01 by $0.03. The company had revenue of $58 million for the quarter, compared to the consensus estimate of $56 million. During the same quarter in the previous year, the company posted 0.01 earnings per share. The company’s revenue for the quarter was down 6% on a year-over-year basis.

2017-08-07 2017-05-08 2017-02-21 2016-11-09 2016-08-08 2016-05-09 2016-02-22 2015-11-05 2015-08-06 2015-02-26
earnings per share 0.02 -0.02 0.02 0.02 0.01 -0.01 0.00 -0.02 -0.02 0.01
Revenue(M) 58.26 56.71 68.65 62.51 61.97 59.75 65.04 59.51 61.7 74.65

ServiceSource International Inc founded in 1999 was incorporated in Delaware. The Company helps hardware, software, healthcare, and life sciences companies derive from their customers more revenue from maintenance, support and subscription agreements. The Company analyzes areas of the customer’s service business that are not optimized, and develops and implements a suite of cloud applications and managed services for the service sales team. ServiceSource helps customers increase service revenue contract renewal rates, on average, by over 15 percentage points and, in some cases, up to 44 percentage points. ServiceSource delivers these results via a cloud-based solution, combining its Service Revenue Performance Suite of applications with dedicated service sales teams, leveraging a proprietary Service Revenue Intelligence Platform of transaction data, benchmarks and best practices. ServiceSource offers its service revenue management solution on a unique pay-for-performance business model that enables a success-driven, shared-risk partnership.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.