Exa Corp. (NASDAQ:EXA) Director Wayne D. Mackie purchased 10,565 shares of the company’s stock in a transaction on Friday, October 7th. The stock was acquired at an average price of $14.91 per share, with a total value of $157,524.15. Following the purchase, the director now owns 69,723 shares of the company’s stock, valued at $1,039,569.93. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Exa Corp. (NASDAQ:EXA) opened at 14.77 on Monday. The stock’s market capitalization is $218.89 million. The company has a 50-day moving average of $15.71 and a 200-day moving average of $14.01. Exa Corp. has a 12 month low of $9.05 and a 12 month high of $16.74.

Exa Corp. (NASDAQ:EXA) last released its quarterly earnings data on Monday, August 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the 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 company earned $17.10 million during the quarter. During the same period in the previous year, the company earned ($0.06) EPS. Exa Corp.’s revenue was up 10.3% on a year-over-year basis. On average, equities research analysts expect that Exa Corp. will post ($0.07) EPS for the current fiscal year.

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

Several large investors have recently added to or reduced their stakes in EXA. Schwab Charles Investment Management Inc. acquired a new stake in Exa Corp. during the second quarter valued at about $313,000. Metropolitan Life Insurance Co. NY acquired a new stake in Exa Corp. during the second quarter valued at about $156,000. Vista Equity Partners Management LLC raised its stake in Exa Corp. by 15.3% in the second quarter. Vista Equity Partners Management LLC now owns 470,302 shares of the company’s stock valued at $6,796,000 after buying an additional 62,385 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in Exa Corp. by 20.1% in the second quarter. Parametric Portfolio Associates LLC now owns 67,547 shares of the company’s stock valued at $976,000 after buying an additional 11,310 shares during the last quarter. Finally, Redmond Asset Management LLC acquired a new stake in Exa Corp. during the second quarter valued at about $269,000. 75.59% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on EXA shares. Zacks Investment Research cut shares of Exa Corp. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 26th. Needham & Company LLC lifted their price objective on shares of 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 lifted their price objective on shares of Exa Corp. from $15.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, August 30th.

Exa Corp. Company Profile

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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