Among 10 analysts covering Virtusa (NASDAQ:VRTU), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Virtusa has $67 highest and $24 lowest target. $53’s average target is 2.97% above currents $51.47 stock price. Virtusa had 34 analyst reports since July 29, 2015 according to SRatingsIntel. Needham maintained the shares of VRTU in report on Thursday, February 8 with “Buy” rating. As per Friday, January 6, the company rating was upgraded by Wedbush. The stock of Virtusa Corporation (NASDAQ:VRTU) earned “Buy” rating by Cantor Fitzgerald on Friday, October 16. The firm has “Buy” rating given on Thursday, October 12 by Cowen & Co. Barrington Research maintained it with “Outperform” rating and $50 target in Tuesday, February 9 report. Needham maintained the stock with “Buy” rating in Friday, February 10 report. The stock of Virtusa Corporation (NASDAQ:VRTU) has “Buy” rating given on Friday, July 28 by Cowen & Co. The firm has “Neutral” rating given on Thursday, December 17 by Sterne Agee CRT. On Friday, September 9 the stock rating was initiated by Wedbush with “Neutral”. Maxim Group maintained the shares of VRTU in report on Wednesday, June 29 with “Buy” rating.
Tig Advisors Llc increased Straight Path Communicatns I (STRP) stake by 176.36% reported in 2017Q3 SEC filing. Tig Advisors Llc acquired 272,482 shares as Straight Path Communicatns I (STRP)’s stock rose 414.53%. The Tig Advisors Llc holds 426,982 shares with $77.14 million value, up from 154,500 last quarter. Straight Path Communicatns I now has $2.34 billion valuation. The stock decreased 1.35% or $2.5 during the last trading session, reaching $183.37. About 1.83M shares traded or 745.63% up from the average. Straight Path Communications Inc. (NYSEMKT:STRP) has risen 435.39% since March 14, 2017 and is uptrending. It has outperformed by 418.69% the S&P500.
Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.45, from 1.73 in 2017Q2. It dropped, as 16 investors sold STRP shares while 24 reduced holdings. 22 funds opened positions while 47 raised stakes. 6.64 million shares or 11.93% more from 5.93 million shares in 2017Q2 were reported. Entrustpermal Mngmt Limited Liability Corp invested in 20,400 shares or 1.54% of the stock. Btg Pactual Global Asset Mgmt Ltd reported 11,677 shares or 0.67% of all its holdings. Walleye Trading Llc holds 12,919 shares. Wellington Management Gp Ltd Liability Partnership invested 0% in Straight Path Communications Inc. (NYSEAMERICAN:STRP). Group One Trading LP stated it has 79,069 shares or 0.13% of all its holdings. 24,077 were accumulated by Tiaa Cref Inv Management Limited Liability Com. Bancorporation Of Ny Mellon reported 0.01% stake. California State Teachers Retirement System reported 0.01% stake. Panagora Asset Management reported 2,153 shares or 0% of all its holdings. Ubs Asset Americas Incorporated holds 0% or 3,576 shares. Jane Street Grp Lc holds 0% in Straight Path Communications Inc. (NYSEAMERICAN:STRP) or 2,127 shares. P Schoenfeld Asset Mngmt LP holds 131,735 shares or 1.47% of its portfolio. Bluefin Trading Limited Liability Corporation holds 1,418 shares. Nationwide Fund invested in 5,430 shares or 0% of the stock. Prelude Capital Mgmt Ltd Company owns 0.26% invested in Straight Path Communications Inc. (NYSEAMERICAN:STRP) for 15,933 shares.
Since October 13, 2017, it had 0 insider purchases, and 9 insider sales for $12.57 million activity. The insider BREAU DAVID L sold $724,780. ZEIDMAN FRED S sold $544,395 worth of stock or 3,000 shares. 8,000 shares valued at $1.45M were sold by WELD WILLIAM F on Tuesday, January 9. 9,723 Straight Path Communications Inc. (NYSEAMERICAN:STRP) shares with value of $1.77 million were sold by PI ZHOUYUE. On Monday, October 23 the insider RAND JONATHAN sold $54,474. $1.40M worth of stock was sold by TODD K CHRIS on Wednesday, December 20.
Tig Advisors Llc decreased Time Warner Inc (Call) (NYSE:TWX) stake by 1.91M shares to 76,400 valued at $7.83M in 2017Q3. It also reduced Rice Energy Inc (Put) (NYSE:RICE) stake by 76,764 shares and now owns 105,300 shares. Akorn Inc (Put) (NASDAQ:AKRX) was reduced too.
Investors sentiment increased to 1.5 in 2017 Q3. Its up 0.70, from 0.8 in 2017Q2. It improved, as 10 investors sold Virtusa Corporation shares while 54 reduced holdings. 21 funds opened positions while 30 raised stakes. 25.23 million shares or 4.91% less from 26.53 million shares in 2017Q2 were reported. Manufacturers Life Insurance Com The has 20,974 shares for 0% of their portfolio. Interest Group Inc Incorporated Inc reported 0% in Virtusa Corporation (NASDAQ:VRTU). Trexquant Invest L P holds 0.06% in Virtusa Corporation (NASDAQ:VRTU) or 6,528 shares. Miles holds 0.19% or 8,764 shares in its portfolio. Citigroup Incorporated holds 0% or 21,178 shares. Sei Invests Co holds 24,568 shares or 0% of its portfolio. Scout Invs stated it has 0.06% in Virtusa Corporation (NASDAQ:VRTU). State Street holds 0% or 654,223 shares. Hartwell J M Partnership holds 0.79% or 107,050 shares in its portfolio. Ubs Asset Mgmt Americas reported 0% in Virtusa Corporation (NASDAQ:VRTU). Ngam Advsrs Limited Partnership, Massachusetts-based fund reported 75,823 shares. Wells Fargo & Mn holds 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU) for 33,899 shares. Gemmer Asset Management Ltd Liability owns 116 shares or 0% of their US portfolio. Deutsche Savings Bank Ag holds 27,748 shares. Thrivent Fincl For Lutherans holds 898,998 shares.
The stock decreased 0.06% or $0.03 during the last trading session, reaching $51.47. About 90,813 shares traded. Virtusa Corporation (NASDAQ:VRTU) has declined 13.10% since March 14, 2017 and is downtrending. It has underperformed by 29.80% the S&P500.
Analysts await Virtusa Corporation (NASDAQ:VRTU) to report earnings on May, 15. They expect $0.37 EPS, up 48.00% or $0.12 from last year’s $0.25 per share. VRTU’s profit will be $10.89M for 34.78 P/E if the $0.37 EPS becomes a reality. After $0.19 actual EPS reported by Virtusa Corporation for the previous quarter, Wall Street now forecasts 94.74% EPS growth.