Neuberger Berman Group LLC boosted its holdings in Endava PLC Sponsored ADR (NYSE:DAVA - Free Report) by 136.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,273 shares of the company's stock after purchasing an additional 48,701 shares during the quarter. Neuberger Berman Group LLC owned about 0.14% of Endava worth $1,644,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of DAVA. Legal & General Group Plc increased its stake in Endava by 3.7% in the 4th quarter. Legal & General Group Plc now owns 139,576 shares of the company's stock valued at $4,321,000 after buying an additional 5,042 shares during the period. Raymond James Financial Inc. acquired a new position in Endava in the 4th quarter valued at $14,698,000. Barclays PLC increased its stake in Endava by 22,933.3% in the 4th quarter. Barclays PLC now owns 17,275 shares of the company's stock valued at $533,000 after buying an additional 17,200 shares during the period. Jump Financial LLC acquired a new position in Endava in the 4th quarter valued at $374,000. Finally, Marshall Wace LLP increased its stake in Endava by 182.7% in the 4th quarter. Marshall Wace LLP now owns 68,139 shares of the company's stock valued at $2,105,000 after buying an additional 44,039 shares during the period. 62.23% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
DAVA has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Endava in a research note on Thursday, July 17th. They issued a "hold" rating and a $14.00 price objective on the stock. Cowen cut shares of Endava from a "buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Susquehanna lowered their price target on shares of Endava from $50.00 to $42.00 and set a "positive" rating on the stock in a research note on Tuesday, May 20th. TD Cowen cut shares of Endava from a "buy" rating to a "hold" rating and set a $17.00 price target on the stock. in a research note on Thursday, May 15th. Finally, Wall Street Zen cut shares of Endava from a "buy" rating to a "hold" rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Endava currently has a consensus rating of "Hold" and an average price target of $25.11.
View Our Latest Analysis on Endava
Endava Price Performance
NYSE DAVA traded down $0.1510 during trading hours on Wednesday, reaching $12.6490. The company's stock had a trading volume of 370,842 shares, compared to its average volume of 684,941. The stock has a market cap of $746.67 million, a PE ratio of 33.24 and a beta of 1.12. Endava PLC Sponsored ADR has a fifty-two week low of $11.63 and a fifty-two week high of $34.94. The company's 50-day moving average is $14.07 and its two-hundred day moving average is $18.63. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.18 and a current ratio of 2.18.
About Endava
(
Free Report)
Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.
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