PING Stock Recent News

"Mad Money" host Jim Cramer interviews Ping Identity CEO Andre Durand after the enterprise software company's latest quarterly earnings report. Durand also explained why identity management is becoming increasingly important.

Even in a more challenging economic environment, it is difficult to imagine companies deciding to cancel their cybersecurity subscriptions. U.S. ETF investors put more than $900 million toward cybersecurity-specific strategies during the first six months of 2022.

Private equity firm Thoma Bravo is acquiring identity security platform Ping Identity for approximately $2.4 billion, expanding further into the cybersecurity sector following the purchases of Sophos, Proofpoint and Sailpoint Technologies. The deal values Ping Identity shares at $28.50, a premium of 63% over the Aug. 2 closing price, according to the Wednesday (Aug.

The intelligent identity solutions specialist is going private.

Source: Christopher Penler / Shutterstock.com Ping Identity (NYSE: PING ) stock is rocketing higher on Wednesday after signing a $2.8 billion deal with software investment firm Thoma Bravo. This deal will have Thoma Bravo acquiring Ping Identity for $28.50 per share in cash.

Ping Identity (PING) delivered earnings and revenue surprises of -161.54% and 1.68%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is taking the company private for $2.8 billion. The news was announced at the same time that Ping was posting its Q2 earnings.

Shares of Ping Identity PING, +1.75% surged nearly 59% in premarket trading Wednesday after Thoma Bravo agreed to purchase the company for $28.50 a share in cash, with plans to take it private. The deal assigns an enterprise value of $2.8 billion.

DENVER , July 5, 2022 /PRNewswire/ -- Ping Identity Holding Corp. (NYSE: PING) ("Ping Identity"), the Intelligent Identity solution for the enterprise, today announced that it will release financial results for its second quarter 2022, ended June 30, after the U.S. market close on Wednesday, August 3, 2022. Management will host a conference call that afternoon at 5:00 p.m.

DENVER , June 1, 2022 /PRNewswire/ -- Ping Identity Holding Corp. (NYSE: PING) ("Ping Identity"), the Intelligent Identity solution for the enterprise, today announced that it will present and/or host meetings at the following technology and industry conferences. Details for each event are as follows (all times listed in ET): William Blair 42nd Annual Growth Stock Conference Date: Monday, June 6, 2022 Presentation Time: 1:40 p.m.