|Bid||32.95 x 800|
|Ask||34.74 x 2200|
|Day's Range||32.98 - 33.15|
|52 Week Range||23.95 - 46.43|
|Beta (5Y Monthly)||1.54|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Fourteen Bay Area companies disclosed more tha $650 million in new funding at the end of the week, with the lion's share of that going to Netskope Inc. Here's more on that and other venture and private equity news from the region.
ForeScout (FSCT) delivered earnings and revenue surprises of -28.57% and -4.16%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Forescout Technologies Inc. said Thursday it has reached an agreement to be acquired by private-equity firm Advent International in an all-cash deal valued at $1.9 billion. Advent and co-investor Crosspoint Capital Partners will pay $33 per Forescout share, for a 30% discount over the stock's closing price on Oct. 18, 2019, the last full trading day before the release of regulatory filings by Corvex Management L.P. and Jericho Capital Asset Management L.P. on October 21, 2019, in which they disclosed a partnership to approach Forescout and said they had built a combined 14.5% stake in the company. Forescout is a cybersecurity company that provides companies with device visibility to see what is connecting to their network. The deal is expected to close in the second quarter, although it includes a 30-day "go-shop" period that expires on March 8. Shares were halted premarket for the news, but have fallen 12% in the last 12 months, while the S&P 500 has gained 22%.
If you own shares in Forescout Technologies, Inc. (NASDAQ:FSCT) then it's worth thinking about how it contributes to...
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]
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85% of organizations are planning on board and CEO involvement in cybersecurity within the next year. Do you know the core governance practices to ensure your business is prepared? Discover seven critical factors that will guide board directors and executive teams to a more effective and successful cyber risk framework. Download the checklist from Nasdaq.
(Bloomberg) -- Cybersecurity company ForeScout Technologies Inc. is exploring strategic options, including a possible sale, after activist investors built a stake, according to people familiar with the matter.The San Jose, California-based company is working with a financial adviser, said the people, who asked to not be identified because the matter isn’t public. A final decision on pursuing a sale hasn’t been made and the company could decide to remain independent, the people said.ForeScout rose 6.8% to $33.06 at 12:01 a.m. in New York trading Monday, giving the company a market value of about $1.56 billion. Its shares are up about 22% in the past year.A representative for ForeScout declined to comment.The company’s effort comes amid a wave of industry consolidation. Private equity firm Thoma Bravo agreed last month to buy British cybersecurity firm Sophos Group Plc for $3.8 billion.Activist investor Corvex Management and its partner, Jericho Capital Asset Management, disclosed a combined 14.5% in ForeScout last month and said they planned to push for changes at the company.The cybersecurity firm has the potential to double sales over the next five years as it shifts to a subscription-based model, Corvex Managing Partner Keith Meister said at an investor conference in October.ForeScout’s software allows customers to see what devices are connected to a network, according to its website.ForeScout cut its revenue forecast for 2019 last week, as sales fell below expectations in areas including Europe, the Middle East and Africa.(Updates share price in third paragraph.)\--With assistance from Crystal Tse.To contact the reporters on this story: Scott Deveau in New York at email@example.com;Liana Baker in New York at firstname.lastname@example.org;Kiel Porter in Chicago at email@example.comTo contact the editors responsible for this story: Liana Baker at firstname.lastname@example.org, Matthew Monks, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
ForeScout (FSCT) delivered earnings and revenue surprises of -300.00% and -4.06%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Forescout Technologies, Inc. (NASDAQ:FSCT), which is in the software business, and is based in United States, led the...
ForeScout (FSCT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is ForeScout Technologies, Inc. (NASDAQ:FSCT) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […]
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
By John Marchisi The modern special purpose acquisition company, or SPAC, encounters several challenges with regard to risk management and insurance which are uncovered and discussed in this paper. As the structural features and strategies of the vehicle have continued to evolve, so too has the threat landscape which SPAC operators must be prepared […]
From Mimecast Limited to Forescout Technologies, Inc., the selloff in cybersecurity stocks has been brutal in recent weeks. But a key technical indicator suggests the group may have hit a bottom, according to All Start Charts. "Within that same theme we're looking at the Cybersecurity subsector finding support at its all-time low relative to the […]
ForeScout (FSCT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
CEO & President of Forescout Technologies Inc (30-Year Financial, Insider Trades) Michael Decesare (insider trades) sold 25,000 shares of FSCT on 08/29/2019 at an average price of $35.08 a share. Continue reading...
ForeScout (FSCT) delivered earnings and revenue surprises of 29.79% and 1.31%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?