Stephen H. Barnes, the Chief Financial Officer of Accolade, Inc. (NASDAQ:ACCD), recently executed a stock transaction involving the sale of company shares. On November 19, Barnes sold 121 shares of Accolade's common stock at an average price of $3.345 per share, totaling approximately $404. This sale was conducted to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs). Following this transaction, Barnes retains a direct ownership of 205,292 shares of Accolade common stock.
In other recent news, Accolade Inc (NASDAQ:ACCD). has been the focus of several analyst adjustments following strong second-quarter results for 2025, which saw the company surpass revenue expectations with a total of $106.4 million. Wells Fargo (NYSE:WFC), Stephens, Canaccord Genuity, Truist Securities, and BofA Securities have all revised their price targets for Accolade, with the majority maintaining Buy ratings.
Wells Fargo voiced concerns over the timing of deal closures, suggesting this may impact the company's anticipated growth, while Stephens highlighted potential catalysts for Accolade that are not yet factored into current expectations. Canaccord Genuity expressed confidence in Accolade's ability to meet performance guarantees and secure new business, despite a third-quarter guidance falling below estimates.
Truist Securities and BofA Securities both reduced their price targets following a post-quarterly call with Accolade's management, where the company affirmed its fiscal year 2025 revenue guidance at $460 million to $475 million and projected a positive adjusted EBITDA of $15 million to $20 million.
These recent developments highlight Accolade's strong financial performance and the attention it is receiving from major analyst firms.
InvestingPro Insights
To provide additional context to Stephen H. Barnes' recent stock transaction, let's examine some key financial metrics and insights from InvestingPro for Accolade, Inc. (NASDAQ:ACCD).
According to InvestingPro data, Accolade's market capitalization stands at $287.52 million, reflecting its current valuation in the market. The company's revenue for the last twelve months as of Q2 2025 was $441.03 million, with a revenue growth of 16.04% over the same period. This growth indicates that Accolade is expanding its business operations despite challenging market conditions.
However, it's important to note that Accolade is currently not profitable. The company's operating income for the last twelve months as of Q2 2025 was -$93.68 million, with an operating income margin of -21.24%. This aligns with an InvestingPro Tip stating that analysts do not anticipate the company will be profitable this year.
Another relevant InvestingPro Tip highlights that Accolade's stock price movements are quite volatile. This is evident in the company's price performance, with a 6-month price total return of -54.56% as of the latest data. This volatility and recent stock performance may provide context for executive stock transactions, including the one executed by CFO Stephen H. Barnes.
For investors seeking a more comprehensive analysis, InvestingPro offers 8 additional tips for Accolade, providing a deeper understanding of the company's financial health and market position.
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