Maxim Group downgraded Stamps.com from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/12/2021 | $340.00 → $330.00 | Buy → Hold | Craig-Hallum |
| 7/12/2021 | $245.00 → $330.00 | Outperform → Market Perform | Northland Capital Markets |
| 7/12/2021 | Buy → Hold | Maxim Group |
Craig-Hallum downgraded Stamps.com from Buy to Hold and set a new price target of $330.00 from $340.00 previously
Northland Capital Markets downgraded Stamps.com from Outperform to Market Perform and set a new price target of $330.00 from $245.00 previously
Maxim Group downgraded Stamps.com from Buy to Hold
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NerdWallet, Inc. (NASDAQ:NRDS), a website and app that provides consumers and small businesses with trustworthy financial guidance, today announced the appointment of Ken McBride, former Chairman and CEO of Stamps.com (NASDAQ:STMP), to its Board of Directors. During Ken's 20-year tenure as CEO of Stamps.com, the Company grew its revenue and profit at a consistent compounded growth rate of approximately 25% per year, and grew its enterprise value from less than $25 million to more than $6.5 billion. Ken and his team successfully acquired and integrated six domestic and international companies, and they transformed the Company from a small business mailing solution into a worldwide leader in
Stamps.com® (NASDAQ:STMP), a leading provider of e-commerce shipping solutions, today announced it will issue its second quarter 2021 earnings press release after the close of the market on August 5, 2021. Due to the Company's pending acquisition by Thoma Bravo, as announced on July 9, 2021, the Company will not hold a conference call or live webcast to discuss those financial results. If you have any questions, please call Stamps.com Investor Relations at (310) 482-5830 or e-mail us at [email protected]. About Stamps.com Stamps.com (NASDAQ:STMP) is the leading provider of e-commerce shipping software solutions to customers including consumers, small businesses, e-commerce shippers, ent
NerdWallet, Inc. (NASDAQ:NRDS), a website and app that provides consumers and small businesses with trustworthy financial guidance, today announced the appointment of Ken McBride, former Chairman and CEO of Stamps.com (NASDAQ:STMP), to its Board of Directors. During Ken's 20-year tenure as CEO of Stamps.com, the Company grew its revenue and profit at a consistent compounded growth rate of approximately 25% per year, and grew its enterprise value from less than $25 million to more than $6.5 billion. Ken and his team successfully acquired and integrated six domestic and international companies, and they transformed the Company from a small business mailing solution into a worldwide leader in
Stamps.com® (NASDAQ:STMP) (the "Company"), a leading provider of e-commerce shipping solutions, today announced that at a special meeting of stockholders held on September 30, 2021 (the "Special Meeting"), the stockholders of the Company voted to approve a proposal to adopt the merger agreement (the "Merger Agreement") entered into between the Company and Thoma Bravo, a leading software investment firm. Under the terms of the merger agreement announced on July 9, 2021, Stamps.com stockholders will receive $330.00 per share in cash for each share of Stamps.com common stock they own. Approximately 77.9% of the shares of the Company's common stock issued and outstanding as of the close of bu
NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Sylvamo Corp. (NYSE:SLVM) will replace Stamps.com Inc. (NASD: STMP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 4. S&P 500 constituent International Paper Co. (NYSE:IP) is spinning off Sylvamo in a transaction expected to be effective on October 1. Thoma Bravo is acquiring Stamps.com in a deal expected to be completed soon pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector October 4, 2021 S&P SmallCap 600 Addition Sylvamo SLVM Materials S&P SmallCap 600 De
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