JMP Securities Reiterates a Hold Rating on Model N

By Jason Carr

In a report released today, Patrick Walravens from JMP Securities reiterated a Hold rating on Model N (NYSE: MODN). The company’s shares closed yesterday at $10.10.

According to, Walravens is a 5-star analyst with an average return of 7.5% and a 64.8% success rate. Walravens covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Tyler Technologies, and Coupa Software Inc.

Model N has an analyst consensus of Hold.

The company has a one year high of $13.98 and a one year low of $9.19. Currently, Model N has an average volume of 112.2K.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2016, Carrasquilla Eric, the SVP, Product Management of MODN sold 4,031 shares for a total of $42,769.

Model N, Inc. engages in the provision of revenue management cloud solutions for the life science and technology industries. It solutions include two complementary suites of software applications: Revenue Management Enterprise and Revenue Management Intelligence. The Revenue Management Enterprise suite serves as the system of record for and automates the execution of, revenue management processes such as pricing, contracting and incentive and rebate management. The Revenue Management Intelligence suite provides analytical insights to define and optimize revenue management strategies. Each of these suites consists of a number of applications, which can be purchased together or as separate stand-alone applications. The company was founded by Yarden Malka, Zack Rinat and Ali Tore on December 14, 1999 and is headquartered in Redwood Shores, CA.