Exa Corp. (NASDAQ:EXA) Director John J. Shields sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $16.03, for a total value of $16,030.00. Following the transaction, the director now owns 61,078 shares in the company, valued at approximately $979,080.34. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Exa Corp. (NASDAQ:EXA) opened at 16.26 on Thursday. The firm’s market cap is $240.97 million. The company has a 50 day moving average price of $15.71 and a 200-day moving average price of $13.98. Exa Corp. has a 12-month low of $9.05 and a 12-month high of $16.74.

Exa Corp. (NASDAQ:EXA) last issued its earnings results on Monday, August 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. Exa Corp. had a negative net margin of 4.84% and a negative return on equity of 19.36%. The firm had revenue of $17.10 million for the quarter. During the same period in the prior year, the business earned ($0.06) EPS. The business’s revenue was up 10.3% on a year-over-year basis. Analysts expect that Exa Corp. will post ($0.07) EPS for the current year.

Insider Buying and Selling by Quarter for Exa Corp. (NASDAQ:EXA)

A number of institutional investors have recently modified their holdings of the company. Vista Equity Partners Management LLC boosted its position in shares of Exa Corp. by 15.3% in the second quarter. Vista Equity Partners Management LLC now owns 470,302 shares of the company’s stock worth $6,796,000 after buying an additional 62,385 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Exa Corp. by 40.0% in the second quarter. Vanguard Group Inc. now owns 442,599 shares of the company’s stock worth $6,396,000 after buying an additional 126,444 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Exa Corp. by 9.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 425,798 shares of the company’s stock worth $6,153,000 after buying an additional 38,405 shares in the last quarter. BlackRock Fund Advisors boosted its position in shares of Exa Corp. by 1,102.2% in the second quarter. BlackRock Fund Advisors now owns 359,403 shares of the company’s stock worth $5,193,000 after buying an additional 329,508 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Exa Corp. by 9.8% in the first quarter. Renaissance Technologies LLC now owns 157,500 shares of the company’s stock worth $2,040,000 after buying an additional 14,000 shares in the last quarter. 75.59% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have issued reports on EXA. Zacks Investment Research upgraded Exa Corp. from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research report on Thursday, September 1st. Needham & Company LLC boosted their target price on Exa Corp. from $15.00 to $16.50 and gave the stock a “buy” rating in a research report on Tuesday, August 30th. Finally, Canaccord Genuity boosted their target price on Exa Corp. from $15.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, August 30th.

About Exa Corp.

Exa Corporation develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers.

5 Day Chart for NASDAQ:EXA

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