2U, Inc. (NASDAQ:TWOU) – Research analysts at Barrington Research decreased their FY2018 EPS estimates for shares of 2U in a research note issued on Monday. Barrington Research analyst A. Paris. Jr now expects that the software maker will post earnings per share of ($0.76) for the year, down from their previous forecast of ($0.64). Barrington Research currently has a “Outperform” rating and a $56.00 target price on the stock.

TWOU has been the subject of several other reports. Robert W. Baird upped their price target on 2U from $49.00 to $59.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 8th. Compass Point restated a “buy” rating and issued a $62.00 price target (up from $56.00) on shares of 2U in a research note on Monday, September 11th. Credit Suisse Group initiated coverage on 2U in a research note on Friday, September 8th. They issued an “outperform” rating and a $58.00 price target for the company. Oppenheimer Holdings, Inc. upped their price target on 2U from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 8th. Finally, Zacks Investment Research upgraded 2U from a “sell” rating to a “hold” rating in a research note on Wednesday. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $57.91.

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In other news, Director Mark Chernis sold 4,500 shares of the stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $52.90, for a total transaction of $238,050.00. Following the completion of the transaction, the director now directly owns 19,825 shares in the company, valued at approximately $1,048,742.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John M. Larson sold 150,000 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $46.79, for a total value of $7,018,500.00. Following the transaction, the director now owns 16,065 shares of the company’s stock, valued at $751,681.35. The disclosure for this sale can be found here. 8.40% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Suntrust Banks Inc. boosted its position in shares of 2U by 1.2% during the 2nd quarter. Suntrust Banks Inc. now owns 8,407 shares of the software maker’s stock valued at $394,000 after acquiring an additional 100 shares during the last quarter. US Bancorp DE boosted its position in shares of 2U by 1.0% during the 2nd quarter. US Bancorp DE now owns 17,354 shares of the software maker’s stock valued at $814,000 after acquiring an additional 169 shares during the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of 2U by 21.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,844 shares of the software maker’s stock valued at $180,000 after acquiring an additional 677 shares during the last quarter. Blair William & Co. IL boosted its position in shares of 2U by 6.0% during the 2nd quarter. Blair William & Co. IL now owns 16,702 shares of the software maker’s stock valued at $784,000 after acquiring an additional 948 shares during the last quarter. Finally, Advisor Group Inc. boosted its position in shares of 2U by 41.5% during the 2nd quarter. Advisor Group Inc. now owns 4,476 shares of the software maker’s stock valued at $210,000 after acquiring an additional 1,313 shares during the last quarter.

About 2U

2U, Inc is a provider of an integrated solution consisting of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform) that allows colleges and universities to deliver online degree programs. The Company’s SaaS technology consists of a learning environment (Online Campus), which acts as the hub for all student and faculty academic and social interaction, and a suite of integrated applications, which the Company uses to launch, operate and support the Company’s clients’ programs.

Earnings History and Estimates for 2U (NASDAQ:TWOU)

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