Demandware Inc (DWRE) Files Form 4 Insider Selling : Kathleen Bender Patton Sells 1,657 Shares

Demandware Inc (DWRE): Kathleen Bender Patton , SVP and General Counsel of Demandware Inc sold 1,657 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were sold at $45.00 per share for a total value of $74,565.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 24, 2016, Thomas D Ebling (CEO) purchased 30,000 shares at $34.94 per share price.On Mar 7, 2016, Timothy M Adams (EVP & Chief Financial Officer) sold 1,406 shares at $34.71 per share price.Also, On Mar 2, 2016, Jitendra S Saxena (director) sold 10,000 shares at $34.62 per share price.On Mar 2, 2016, Rohit Goyal (SVP of Engineering) sold 4,375 shares at $34.72 per share price.

Demandware Inc: On Friday, Apr 22, 2016 heightened volatility was witnessed in Demandware Inc which led to swings in the share price. The shares opened for trading at $45.55 and hit $46.38 on the upside , eventually ending the session at $45.73, with a gain of 0.70% or 0.32 points. The heightened volatility saw the trading volume jump to 5,46,790 shares. The 52-week high of the share price is $75.9 and the company has a market cap of $1,725 M . The 52-week low of the share price is at $26.47.

Demandware Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Demandware Inc is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 50 from a previous price target of $41 .The Rating was issued on Apr 22, 2016.Demandware Inc is Initiated by Pacific Crest to Sector Weight. The Rating was issued on Apr 11, 2016.Demandware Inc is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 50 from a previous price target of $52 . The Rating was issued on Feb 10, 2016.Demandware Inc is Reiterated by Oppenheimer to Outperform while Lowering the Price Target of the company shares to $ 41 from a previous price target of $63 . The Rating was issued on Feb 10, 2016.Demandware Inc is Reiterated by Deutsche Bank to Buy while Lowering the Price Target of the company shares to $ 60 from a previous price target of $75 . The Rating was issued on Feb 10, 2016.

Demandware Inc. is a provider of enterprise-class cloud-based digital commerce solutions which includes ecommerce order management and predictive intelligence applications for retailers and branded manufacturers. The Company’s solution Demandware Commerce is a combination of its cloud platform community and related services that enables customers to establish and execute digital commerce solutions. Its solutions include global expansion multi-brand multi-site rollouts omni-channel and in-store operations as well as single platform or unified commerce platform solutions. A component of its solution is the Company’s ecosystem of trusted partners called Demandware LINK that complements the Demandware Commerce Cloud. Demandware LINK is comprised of technology solution and end-to end partners. LINK Technology Partners provide customers with access to technologies that complement the Demandware Commerce Cloud through pre-built integrations.

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Demandware Inc - Is it time to Sell?

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