129,500 Shares in Amaya Inc. (NASDAQ:AYA) Acquired by Acadian Asset Management LLC
Acadian Asset Management LLC bought a new position in Amaya Inc. (NASDAQ:AYA) during the second quarter, according to its most recent filing with the SEC. The firm bought 129,500 shares of the technology company’s stock, valued at approximately $2,311,000.
A number of other institutional investors also recently made changes to their positions in AYA. Vanguard Group Inc. raised its position in shares of Amaya by 6.4% in the first quarter. Vanguard Group Inc. now owns 2,230,232 shares of the technology company’s stock worth $37,914,000 after buying an additional 133,722 shares during the last quarter. Legal & General Group Plc raised its position in shares of Amaya by 62.8% in the first quarter. Legal & General Group Plc now owns 14,774 shares of the technology company’s stock worth $250,000 after buying an additional 5,700 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Amaya by 20.6% in the first quarter. PNC Financial Services Group Inc. now owns 32,466 shares of the technology company’s stock worth $552,000 after buying an additional 5,536 shares during the last quarter. Neuberger Berman Group LLC bought a new position in shares of Amaya during the first quarter worth $5,452,000. Finally, OMERS ADMINISTRATION Corp bought a new position in shares of Amaya during the first quarter worth $609,000. 64.42% of the stock is owned by hedge funds and other institutional investors.
Shares of Amaya Inc. (NASDAQ:AYA) traded down 1.12% during trading on Monday, reaching $17.70. 121,219 shares of the company were exchanged. The stock’s 50-day moving average is $17.60 and its 200-day moving average is $16.52. Amaya Inc. has a 52-week low of $12.85 and a 52-week high of $20.35.
Amaya (NASDAQ:AYA) last issued its quarterly earnings data on Friday, May 12th. The technology company reported $0.56 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.05. Amaya had a net margin of 12.28% and a return on equity of 24.47%. The business had revenue of $317.32 million during the quarter, compared to analyst estimates of $308.63 million. During the same period in the prior year, the business earned $0.43 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. Equities research analysts anticipate that Amaya Inc. will post $2.19 earnings per share for the current year.
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A number of equities analysts recently weighed in on the stock. ValuEngine lowered shares of Amaya from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 23rd. Desjardins upped their target price on shares of Amaya to $30.00 and gave the stock a “hold” rating in a research note on Monday, May 15th. TheStreet raised shares of Amaya from a “d+” rating to a “c” rating in a research note on Wednesday, May 24th. Canaccord Genuity set a $29.00 target price on shares of Amaya and gave the stock a “buy” rating in a research note on Thursday, May 11th. Finally, Zacks Investment Research raised shares of Amaya from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research note on Monday, June 19th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $26.33.
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