Symmetry Peak Management LLC Decreased Zendesk INC (Call) (ZEN) Stake by $6.15 Million as Shares Rose

Zendesk, Inc. (NYSE:ZEN) Corporate Logo

The stake In Zendesk Inc (Call) (ZEN) was reduced owned by Symmetry Peak Management Llc. According to 2018Q2 Securities and Exchange filling the reduction is 57.26%. 113,900 shares were sold by Symmetry Peak Management Llc as the company’s stock rose 20.17% with the market. The technology company at the end of 2018Q2 was priced at $4.63M. It’s down from 198,900 at the end of the previous reported quarter. Now it had 85,000 shares held by the hedge fund . $5.76 billion is the market cap of Zendesk Inc (Call). ZEN reached $54.4 during the last trading session after $1.15 change.Zendesk, Inc. has 1.58M shares volume, 0.94% up from normal. ZEN is uptrending and has moved 141.85% since November 10, 2017. The stock outperformed the S&P500 by 126.23%.

Symmetry Peak Management Llc has risen its stake in Paypal Hldgs Inc (Call) and also increased its holding in Spdr S&P 500 Etf Tr (Call) (SPY) by 27,500 shares in the quarter, for a total of 135,000 shares.

For more Zendesk, Inc. (NYSE:ZEN) news announced briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Zendesk: Should You Buy After The Recent Drop?” announced on October 24, 2018, “Zendesk: Not The Time To Dive In Yet” on November 06, 2018, “Zendesk -1.4% on Q3 beats, upside revenue guide” with a publish date: October 30, 2018, “Zendesk, Inc. (ZEN) CEO Mikkel Svane on Q3 2018 Results – Earnings Call Transcript” and the last “Zendesk, Inc. 2018 Q3 – Results – Earnings Call Slides” with publication date: October 30, 2018.

Zendesk, Inc. (NYSE:ZEN) Ratings Coverage

In total 7 analysts cover Zendesk (NYSE:ZEN). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. (NYSE:ZEN) has 86% bullish analysts. 13 are the (NYSE:ZEN)’s ratings reports on Nov 10, 2018 according to StockzIntelligence Inc. On Friday, May 18 the rating was maintained by Stifel Nicolaus with “Hold”. The stock rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, August 1. In Wednesday, August 1 report KeyBanc Capital Markets maintained the stock with “Overweight” rating. On Wednesday, June 27 Morgan Stanley maintained the shares of ZEN in report with “Overweight” rating. The company rating was maintained by Stifel Nicolaus on Tuesday, September 11. On Wednesday, October 31 the firm earned “Buy” rating by Deutsche Bank. On Friday, May 18 the rating was maintained by Rosenblatt with “Buy”. On Tuesday, September 18 the firm earned “Overweight” rating by Morgan Stanley. In Monday, July 23 report Bank of America maintained it with “Buy” rating and $68 target. On Tuesday, October 23 the rating was maintained by Morgan Stanley with “Overweight”.

Zendesk, Inc. (NYSE:ZEN) Analyst Ratings Chart

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