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Exa Corp (NYSE:EXA) Director John William Sr Poduska, Sr. acquired 2,793 shares of the stock on the open market in a transaction dated Monday, June 9th. The shares were purchased at an average cost of $8.90 per share, with a total value of $24,857.70. Following the purchase, the director now directly owns 50,000 shares of the company’s stock, valued at approximately $445,000. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Exa Corp (NYSE:EXA) traded up 0.39% on Thursday, hitting $8.90. 4,961 shares of the company’s stock traded hands. Exa Corp has a 1-year low of $8.45 and a 1-year high of $16.42. The stock’s 50-day moving average is $9.62 and its 200-day moving average is $12.69. The company’s market cap is $122.4 million.

Exa Corp (NYSE:EXA) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($1.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $1.21. The company had revenue of $13.80 million for the quarter, compared to the consensus estimate of $13.94 million. During the same quarter in the previous year, the company posted ($0.02) earnings per share. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. Analysts expect that Exa Corp will post $-1.09 EPS for the current fiscal year.

EXA has been the subject of a number of recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Exa Corp from $17.00 to $14.00 in a research note on Friday, May 30th. Separately, analysts at Zacks upgraded shares of Exa Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 27th. They now have a $8.90 price target on the stock. Finally, analysts at Robert W. Baird cut their price target on shares of Exa Corp from $17.00 to $15.00 in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.68.

Exa Corporation (NYSE:EXA) is engaged in developing, selling and supporting simulation software and services that vehicle manufacturer’s use.

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