Hussman Strategic Advisors Inc. Takes $2.48 Million Position in TaskUs, Inc. $TASK

Key Points

• Hussman Strategic Advisors opened a new position in TaskUs by buying 210,000 shares in Q4, a stake valued at about $2.48 million (≈0.23% of the company).
• TaskUs recently beat estimates with quarterly EPS of $0.40 and revenue of $312.96 million, trades near its 1‑year low (opened at $6.54) with a market cap of ~$592 million and a low P/E of 5.89, and paid a $3.65 dividend on March 25.
• Analysts have pared targets and ratings (consensus = Hold, average target $14.25), while institutional investors own 44.64% and insiders 31.92% of the stock, with an insider sale of 11,406 shares recently disclosed.

Hussman Strategic Advisors Inc. bought a new stake in TaskUs, Inc. (NASDAQ:TASK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 210,000 shares of the company's stock, valued at approximately $2,476,000. Hussman Strategic Advisors Inc. owned 0.23% of TaskUs at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Strategic Advocates LLC acquired a new position in shares of TaskUs in the third quarter valued at approximately $41,000. FNY Investment Advisers LLC acquired a new position in shares of TaskUs in the third quarter valued at approximately $44,000. New York State Common Retirement Fund acquired a new position in shares of TaskUs in the second quarter valued at approximately $67,000. PenderFund Capital Management Ltd. acquired a new position in shares of TaskUs in the third quarter valued at approximately $157,000. Finally, SG Americas Securities LLC acquired a new position in shares of TaskUs in the fourth quarter valued at approximately $104,000. Institutional investors and hedge funds own 44.64% of the company's stock.

TaskUs Trading Up 0.9%

Shares of TASK stock opened at $6.54 on Friday. The business's fifty day moving average price is $8.60 and its 200 day moving average price is $10.67. TaskUs, Inc. has a 1-year low of $6.20 and a 1-year high of $18.39. The firm has a market capitalization of $592.26 million, a PE ratio of 5.89 and a beta of 1.88. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.12 and a quick ratio of 3.12.

TaskUs (NASDAQ:TASK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.04. TaskUs had a return on equity of 22.52% and a net margin of 8.64%.The firm had revenue of $312.96 million for the quarter, compared to analyst estimates of $303.68 million. As a group, sell-side analysts forecast that TaskUs, Inc. will post 1.16 EPS for the current fiscal year.

TaskUs Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 11th were issued a $3.65 dividend.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TASK shares. Royal Bank Of Canada dropped their target price on TaskUs from $17.00 to $13.00 and set a "sector perform" rating on the stock in a report on Thursday, February 26th. Piper Sandler lowered TaskUs to a "neutral" rating in a report on Friday, February 27th. Wall Street Zen lowered TaskUs from a "strong-buy" rating to a "buy" rating in a report on Sunday. Morgan Stanley dropped their price objective on TaskUs from $16.50 to $12.00 and set an "equal weight" rating on the stock in a report on Friday, February 27th. Finally, Weiss Ratings lowered TaskUs from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $14.25.

Insiders Place Their Bets

In other TaskUs news, insider Jarrod Johnson sold 11,406 shares of the company's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $6.89, for a total value of $78,587.34. Following the sale, the insider owned 25,130 shares of the company's stock, valued at approximately $173,145.70. This represents a 31.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 31.92% of the company's stock.

About TaskUs

TaskUs, Inc is a leading provider of outsourced digital customer experience and business process solutions, specializing in high-touch services for technology and digital-native companies. The firm delivers a range of offerings including customer care, content moderation, trust and safety monitoring, back-office processing and AI operations support. By combining technology-driven platforms with human-centric workflows, TaskUs helps clients optimize operational efficiency and maintain brand integrity across digital channels.

The company was founded in 2008 by Jaspar Weir and Bryce Maddock with the goal of reimagining traditional outsourcing through a focus on culture, technology and innovation.

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