Pandora Media (NYSE:P) CRO John Trimble unloaded 40,000 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $29.63, for a total transaction of $1,185,200.00. Following the completion of the sale, the executive now directly owns 112,900 shares in the company, valued at approximately $3,345,227. The transaction was disclosed in a filing with the Securities & Exchange Commission. Pandora Media Inc (NYSE:P) net profit margin is -9.80% and weekly performance is -5.02%. On last trading day company shares ended up $27.83. Analysts mean target price for the company is $34.21. Pandora Media Inc (NYSE:P) distance from 50-day simple moving average is 8.39%.
Investment analysts at Needham & Company LLC initiated coverage on shares of Arista Networks (NASDAQ:ANET) in a note issued to investors on Tuesday. The firm set a “buy” rating and a $75.00 price target on the stock. Arista Networks Inc (NYSE:ANET) shares fell -5.55% in last trading session and ended the day on $72.17. ANET Gross Margin is 66.60% and its return on assets is 16.90%.
On June 26,2014 Demandware Inc (NYSE:DWRE), the industry-leading provider of enterprise cloud commerce solutions, announced that Johnston & Murphy (J&M), the premium footwear, accessories and apparel brand, has migrated its digital commerce operations onto the Demandware Commerce platform. J&M recently launched a new ecommerce site on Demandware and plans to leverage the platform to further advance its omni-channel initiatives, including using responsive web design to enable mobile optimized shopping experiences, and the integration of online and offline channels to provide customers with “buy anywhere, fulfill anywhere” capabilities. Demandware Inc (NYSE:DWRE) shares was closed at $61.60, while trading in range of $61.48-$66.63. Demandware Inc (NYSE:DWRE) year to date performance is -3.93%.
On 06/20/2014 Sibanye Gold Ltd (ADR) (NYSE:SBGL), South Africa’s top gold producer, might acquire three platinum mines in the country, which are currently held by Anglo American.The move to sell the assets comes at a time when Anglo American is facing widespread challenges in its revenue because of nonstop mining strikes that have become costly to its business. The company is considering a shift from labor intensive underground mining to open-pit mining. The planned sale of platinum properties also comes as the company reviews its global assets. The assets are likely to be sold next year for $1.4 billion.Sibanye Gold Ltd (ADR) (NYSE:SBGL) ended the last trading day at $9.83. Company weekly volatility is calculated as 2.75% and price to cash ratio as 15.13. Sibanye Gold Ltd (ADR) (NYSE:SBGL) showed a negative weekly performance of -9.32%.
Stock analysts at KeyCorp hoisted their target price on shares of KapStone Paper and Packaging Corp. (NYSE:KS) from $30.00 to $35.00 in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. KapStone Paper and Packaging Corp. (NYSE:KS) net profit margin is 7.10% and weekly performance is -8.37%. On last trading day company shares ended up $30.55. Analysts mean target price for the company is $32.33. KapStone Paper and Packaging Corp. (NYSE:KS) distance from 50-day simple moving average is 4.42%.