Bank of New York Mellon Corp Sells 253,960 Shares of Proofpoint Inc (NASDAQ:PFPT) – Redmond Register
Bank of New York Mellon Corp lessened its stake in shares of Proofpoint Inc (NASDAQ:PFPT) by 16.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 1.33. The business’s revenue was up 22.6% compared to the same quarter last year. As a group, research analysts anticipate that Proofpoint Inc will post -1.08 EPS for the current fiscal year. One research analyst has rated the stock with a sell rating, four have issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock.