Insider Buying: Jean-Paul Roux Purchases 2,000 Shares of Exa Corp Stock (EXA)
Exa Corp (NYSE:EXA) VP Jean-Paul Roux bought 2,000 shares of the stock on the open market in a transaction dated Wednesday, October 2nd. The shares were purchased at an average price of $15.17 per share, with a total value of $30,340.00. Following the acquisition, the vice president now directly owns 130,289 shares of the company’s stock, valued at approximately $1,976,484. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on EXA. Analysts at Robert W. Baird raised their price target on shares of Exa Corp (NYSE:EXA) from $12.00 to $16.00 in a research note to investors on Friday, September 27th. They now have a “neutral” rating on the stock. Separately, analysts at Zacks downgraded shares of Exa Corp (NYSE:EXA) from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, September 6th. They now have a $13.10 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Exa Corp (NYSE:EXA) from $11.00 to $14.50 in a research note to investors on Thursday, September 5th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.03.
Exa Corp (NYSE:EXA) traded down 0.88% during mid-day trading on Thursday, hitting $14.72. 15,292 shares of the company’s stock traded hands. Exa Corp has a one year low of $6.88 and a one year high of $16.42. The stock’s 50-day moving average is $13. and its 200-day moving average is $10.4. The company’s market cap is $196.3 million.
Exa Corp (NYSE:EXA) last posted its quarterly earnings results on Wednesday, September 4th. The company reported ($0.04) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.04). The company had revenue of $12.70 million for the quarter, compared to the consensus estimate of $13.08 million. During the same quarter last year, the company posted $0.10 earnings per share. Exa Corp’s revenue was up 7.6% compared to the same quarter last year. Analysts expect that Exa Corp will post $0.05 EPS for the current fiscal year.
Exa Corporation (NYSE:EXA) is engaged in developing, selling and supporting simulation software and services that vehicle manufacturer’s use.
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