Headlines about Exa Corporation (NASDAQ:EXA) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Exa Corporation earned a news impact score of 0.26 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.0682893326817 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

A number of brokerages have recently commented on EXA. Zacks Investment Research lowered Exa Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. BidaskClub lowered Exa Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Needham & Company LLC lowered Exa Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 29th. Canaccord Genuity reissued a “hold” rating and set a $24.25 price target on shares of Exa Corporation in a report on Thursday, September 28th. Finally, Stifel Nicolaus lowered Exa Corporation from a “buy” rating to a “hold” rating and raised their price target for the company from $17.00 to $24.25 in a report on Thursday, September 28th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $20.63.

Exa Corporation (NASDAQ EXA) opened at $24.24 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.06 and a current ratio of 1.06. Exa Corporation has a fifty-two week low of $12.34 and a fifty-two week high of $24.42.

Exa Corporation (NASDAQ:EXA) last issued its quarterly earnings results on Monday, August 28th. The technology company reported ($0.12) EPS for the quarter, meeting analysts’ consensus estimates of ($0.12). The company had revenue of $17.50 million for the quarter, compared to analyst estimates of $17.58 million. Exa Corporation had a negative return on equity of 25.19% and a negative net margin of 6.46%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the company earned ($0.05) earnings per share. equities analysts predict that Exa Corporation will post -0.34 earnings per share for the current year.

In other news, major shareholder Soros Fund Management Llc bought 159,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The stock was acquired at an average price of $14.46 per share, with a total value of $2,306,370.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased 243,310 shares of company stock valued at $3,628,183 in the last ninety days. Company insiders own 11.53% of the company’s stock.

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About Exa Corporation

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.

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

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