Oppenheimer Raises Black Knight (NYSE:BKI) Price Target to $67.00

Motco boosted its position in shares of Black Knight Inc (NYSE:BKI) by 243.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 694 shares of the company’s stock after buying an additional 492 shares during the period.

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Black Knight stock price target raised to $67 from $60 at Oppenheimer. Black Knight stock price target raised to $67 from $60 at Oppenheimer. Jun. 7, 2019 at 8:22 a.m. ET.

Black Knight (NYSE:BKI) updated its FY 2019 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.97.

Black Knight Inc (NYSE:BKI) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 2,018,600 shares, a growth of 6.5% from the June 30th total of 1,894,600 shares. Based on an average daily volume of 759,500 shares, the days-to-cover ratio is [.]

Black Knight Inc (NYSE:BKI) insider William P. Foley II sold 250,000 shares of Black Knight stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $61.21, for a total value of $15,302,500.00. The sale was disclosed in a filing with the SEC, which is available through [.]

Black Knight (NYSE:BKI) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96. The company issued revenue guidance of $1.177-1.199 million, compared to the consensus revenue estimate of .19 billion.black knight also updated its [.]

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Oppenheimer raised their price target on shares of Black Knight from $60.00 to $67.00 and gave the stock an "outperform" rating in a research report on Friday, June 7th. Finally, Zacks Investment Research lowered shares of Black Knight from a "hold" rating to a "sell" rating in a research report on Monday, July 1st.