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Qualtrics prices IPO at $30 per share, above target range -source

·1 min read

Jan 27 (Reuters) - Qualtrics International Inc, the survey-software seller owned by business software group SAP , on Wednesday sold stock in its U.S. initial public offering at $30 apiece, above its target range, according to a person familiar with the matter.

The company had aimed to sell shares at between $27 and $29 each. The final amount of stock sold in the IPO may change, but at $30 Qualtrics will have raised more than $1.5 billion based on the 50.4 million shares it initially planned to sell, valuing it at around $15 billion.

Qualtrics declined to comment. The source requested anonymity because the details were not yet public.

(Reporting by Joshua Franklin in Miami; Editing by Leslie Adler)