As Zendesk INC (ZEN) Stock Rose, Holder Ems Capital LP Upped Its Position

June 16, 2018 - By Peter Erickson

Zendesk, Inc. (NYSE:ZEN) Logo

Edmond M. Safra increased its stake in Zendesk Inc (ZEN) by 4.26% based on its latest 2018Q1 regulatory filing with the SEC. Ems Capital Lp bought 69,090 shares as the company’s stock rose 30.39% while stock markets declined. The hedge fund run by Edmond M. Safra held 1.69 million shares of the technology company at the end of 2018Q1, valued at $80.86M, up from 1.62 million at the end of the previous reported quarter. Ems Capital Lp who had been investing in Zendesk Inc for a number of months, seems to be bullish on the $6.16B market cap company. The stock decreased 0.87% or $0.52 during the last trading session, reaching $58.91. About 1.29M shares traded. Zendesk, Inc. (NYSE:ZEN) has risen 119.18% since June 16, 2017 and is uptrending. It has outperformed by 106.61% the S&P500.

Zendesk, Inc. (NYSE:ZEN) Ratings Coverage

Among 12 analysts covering Zendesk (NYSE:ZEN), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Zendesk had 22 analyst reports since January 10, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, May 2 by Cowen & Co. Craig Hallum maintained the shares of ZEN in report on Wednesday, May 2 with “Buy” rating. The rating was maintained by Rosenblatt on Friday, May 18 with “Buy”. Guggenheim maintained Zendesk, Inc. (NYSE:ZEN) on Wednesday, February 7 with “Buy” rating. The company was maintained on Tuesday, March 13 by KeyBanc Capital Markets. The company was maintained on Wednesday, February 7 by Piper Jaffray. The firm has “Equal-Weight” rating by Stephens given on Wednesday, February 7. The rating was maintained by Craig Hallum with “Buy” on Wednesday, February 7. The stock of Zendesk, Inc. (NYSE:ZEN) has “Buy” rating given on Wednesday, January 17 by RBC Capital Markets. The stock has “Buy” rating by Piper Jaffray on Tuesday, January 23.

Zendesk, Inc. (NYSE:ZEN) Ratings Chart

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