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Eulav Asset Management Lifted Exponent (EXPO) Position by $525,400; Stock Value Rose; Cortland Associates Boosted Its Cognizant Tech Sol Cl A (CTSH) Stake

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Logo

Eulav Asset Management increased its stake in Exponent Inc (EXPO) by 139.62% based on its latest 2017Q4 regulatory filing with the SEC. Eulav Asset Management bought 7,400 shares as the company’s stock rose 8.13% while stock markets declined. The institutional investor held 12,700 shares of the consumer services company at the end of 2017Q4, valued at $903,000, up from 5,300 at the end of the previous reported quarter. Eulav Asset Management who had been investing in Exponent Inc for a number of months, seems to be bullish on the $2.45B market cap company. The stock increased 1.24% or $1.15 during the last trading session, reaching $94.15. About 109,033 shares traded or 29.22% up from the average. Exponent, Inc. (NASDAQ:EXPO) has risen 33.11% since May 20, 2017 and is uptrending. It has outperformed by 21.56% the S&P500.

Cortland Associates Inc increased its stake in Cognizant Tech Sol Cl A (CTSH) by 4% based on its latest 2017Q4 regulatory filing with the SEC. Cortland Associates Inc bought 22,123 shares as the company’s stock rose 11.69% while stock markets declined. The institutional investor held 574,892 shares of the edp services company at the end of 2017Q4, valued at $40.83M, up from 552,769 at the end of the previous reported quarter. Cortland Associates Inc who had been investing in Cognizant Tech Sol Cl A for a number of months, seems to be bullish on the $44.55 billion market cap company. The stock increased 0.34% or $0.26 during the last trading session, reaching $76.04. About 2.61M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 36.40% since May 20, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.

Among 2 analysts covering Exponent (NASDAQ:EXPO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Exponent had 5 analyst reports since August 26, 2016 according to SRatingsIntel. The company was maintained on Friday, April 20 by SunTrust. The rating was initiated by Cantor Fitzgerald with “Buy” on Friday, August 26. The firm earned “Buy” rating on Friday, January 26 by SunTrust.

Eulav Asset Management, which manages about $2.35 billion and $2.12 billion US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 3,000 shares to 98,000 shares, valued at $16.90M in 2017Q4, according to the filing. It also reduced its holding in Stericycle Inc (NASDAQ:SRCL) by 22,900 shares in the quarter, leaving it with 115,800 shares, and cut its stake in J2 Global Inc (NASDAQ:JCOM).

Investors sentiment increased to 1.66 in Q4 2017. Its up 0.72, from 0.94 in 2017Q3. It is positive, as 10 investors sold EXPO shares while 49 reduced holdings. 31 funds opened positions while 67 raised stakes. 22.32 million shares or 1.51% less from 22.66 million shares in 2017Q3 were reported. Rhumbline Advisers reported 69,315 shares or 0.01% of all its holdings. 31,740 are held by Virtus Invest Advisers. Cambridge Inv Rech Advsr holds 0% or 5,276 shares in its portfolio. Thrivent Fin For Lutherans holds 0% in Exponent, Inc. (NASDAQ:EXPO) or 15,975 shares. Fifth Third Fincl Bank invested in 0% or 673 shares. Parametric Associate Limited Com has 0.01% invested in Exponent, Inc. (NASDAQ:EXPO). California Employees Retirement holds 0.01% of its portfolio in Exponent, Inc. (NASDAQ:EXPO) for 84,664 shares. State Board Of Administration Of Florida Retirement Systems holds 0% or 9,202 shares. Pnc Serv Grp Inc reported 568,834 shares. 106,859 are held by Goldman Sachs Gp Incorporated. Victory Capital Management Incorporated reported 3,594 shares stake. Art Ltd Liability Co has 0.02% invested in Exponent, Inc. (NASDAQ:EXPO). Riverhead Mngmt Limited Liability Corporation holds 0.01% of its portfolio in Exponent, Inc. (NASDAQ:EXPO) for 2,316 shares. 746 are held by Ls Invest Advsr Ltd. Rice Hall James & Assocs Limited accumulated 37,676 shares or 0.11% of the stock.

Since May 7, 2018, it had 0 insider buys, and 4 selling transactions for $3.48 million activity. $322,154 worth of Exponent, Inc. (NASDAQ:EXPO) was sold by Pye John on Friday, May 11. On Monday, May 7 SCHLENKER RICHARD L JR sold $2.57 million worth of Exponent, Inc. (NASDAQ:EXPO) or 29,074 shares.

Another recent and important Exponent, Inc. (NASDAQ:EXPO) news was published by Globenewswire.com which published an article titled: “Exponent Announces Two-for-One Stock Split” on May 15, 2018.

Since December 7, 2017, it had 1 insider buy, and 40 selling transactions for $51.92 million activity. Another trade for 2,500 shares valued at $205,725 was sold by Veeraraghavachary Srinivasan. On Thursday, January 18 the insider RAMAKRISHNAN CHANDRASEKARAN sold $1.93M. Another trade for 12,500 shares valued at $942,113 was sold by McLoughlin Karen. CHATTERJEE DEBASHIS had sold 1,726 shares worth $132,902 on Thursday, January 18. On Friday, February 16 KRISHNASWAMY VENKAT sold $270,417 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 3,318 shares. DSOUZA FRANCISCO sold $17.77 million worth of stock.

Among 33 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. Cognizant Technology Solutions Corp. had 92 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given on Wednesday, September 6 by KeyBanc Capital Markets. The firm earned “Buy” rating on Thursday, February 22 by Argus Research. The rating was maintained by Credit Suisse on Thursday, November 2 with “Buy”. The rating was downgraded by Bank of America to “Underperform” on Tuesday, November 22. Barclays Capital maintained it with “Overweight” rating and $90 target in Monday, October 30 report. The rating was maintained by Nomura on Thursday, February 8 with “Neutral”. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Outperform” rating given on Thursday, November 2 by BMO Capital Markets. Sterne Agee CRT initiated the shares of CTSH in report on Thursday, December 17 with “Neutral” rating. As per Monday, August 10, the company rating was upgraded by Zacks. The firm has “Hold” rating by Loop Capital given on Tuesday, January 10.

Exponent, Inc. (NASDAQ:EXPO) Institutional Positions Chart

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