Insider Trading Fri 11/24/23

Notable purchases -- CEOs active in HTLD, YUMC; notable sales -- execs active in SFM, RPD, APPF

Buyers:

• Impinj (PI) 10% owner bought 37,513 shares worth approx. $3.11 mln.
• Heartland Express (HTLD) CEO bought 95,602 shares worth approx. $1.25 mln.
• Yum China (YUMC) CEO bought 14K shares worth approx. $647K.

Sellers:

• Sprouts Farmers Market (SFM) CEO sold 61,092 shares worth approx. $2.50 mln.
• Rapid7 (RPD) COO sold 38,577 shares worth approx. $2.02 mln.
• AppFolio (APPF) CEO sold 7,430 shares worth approx. $1.49 mln.

===Cybersecurity firm Rapid7 (RPD) explores sale

 (Reuters) - Rapid7 Inc is exploring options that include a possible sale after attracting acquisition interest, according to people familiar with the matter.

The Boston-based company is working with investment bank Goldman Sachs Group Inc as it considers approaches from parties that include private equity firms, the sources said.

The discussions are at an early stage and no deal is certain, the sources added, asking not to be identified because the matter is confidential.

RPD — is it a buy?

• Dec. 13: Is RPD a buy?

• Six months later:

Rapid7 (RPD) reported earnings on Thur 1 Aug 19 (b/o)

** charts after earnings **

 

Rapid7 beats by $0.09, beats on revs; guides Q3 EPS below consensus, revs in-line; guides FY19 EPS in-line, revs above consensus

Reports Q2 (Jun) earnings of $0.02 per share, excluding non-recurring items, $0.09 better than the S&P Capital IQ Consensus of ($0.07); revenues rose 35.1% year/year to $78.96 mln vs the $75.14 mln S&P Capital IQ Consensus.

Co issues guidance for Q3, sees EPS of $(0.04)-(0.02), excluding non-recurring items, vs. $0.02 S&P Capital IQ Consensus; sees Q3 revs of $79.2-80.8 mln vs. $79.62 mln S&P Capital IQ Consensus.

Co issues guidance for FY19, sees EPS of approx $0.05, excluding non-recurring items, vs. $0.05 S&P Capital IQ Consensus; sees FY19 revs of $318-321 mln vs. $315.38 mln S&P Capital IQ Consensus.

Rapid7 (RPD) reported earnings Thur 12 Nov 2015 (after close)

** charts before earnings **

** charts after earnings **

Rapid7 beats by $0.09, beats on revs; guides Q4 EPS below consensus, revs above consensus :

• Reports Q3 (Sep) loss of $0.27 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of ($0.36); revenues rose 39.4% year/year to $28.3 mln vs the $26.25 mln Capital IQ Consensus.
• Co issues downside EPS guidance for Q4, sees EPS of (0.37)-(0.35) vs. ($0.31) Capital IQ Consensus Estimate; sees Q4 revs of $28.8-30.2 mln vs. $28.41 mln Capital IQ Consensus Estimate.