Virtusa (VRTU)’s Stock Insider Trading – Raj Rajgopal Sold 4,025 Shares; Last Week WPX Energy, Inc. (WPX) Coverage

Among 32 analysts covering WPX Energy (NYSE:WPX), 27 have Buy rating, 0 Sell and 5 Hold. Therefore 84% are positive. WPX Energy had 112 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital downgraded it to “Underweight” rating and $5 target in Monday, January 11 report. The rating was maintained by Stifel Nicolaus on Wednesday, August 16 with “Buy”. The stock of WPX Energy, Inc. (NYSE:WPX) has “Hold” rating given on Wednesday, August 19 by Oppenheimer. Capital One upgraded the stock to “Overweight” rating in Tuesday, February 9 report. SunTrust maintained the shares of WPX in report on Wednesday, November 1 with “Buy” rating. The company was downgraded on Saturday, August 29 by TheStreet. Seaport Global downgraded WPX Energy, Inc. (NYSE:WPX) on Wednesday, June 21 to “Sell” rating. The stock of WPX Energy, Inc. (NYSE:WPX) earned “Buy” rating by Deutsche Bank on Monday, November 28. Northland Capital maintained the stock with “Buy” rating in Monday, December 11 report. Robert W. Baird maintained the shares of WPX in report on Tuesday, September 26 with “Buy” rating. See WPX Energy, Inc. (NYSE:WPX) latest ratings:

06/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $21.0 Maintain
06/02/2018 Broker: Northland Capital Rating: Buy New Target: $18.0 Maintain
06/02/2018 Broker: B. Riley & Co Rating: Buy New Target: $20 Initiates Coverage On
05/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $27.0 Maintain
05/02/2018 Broker: FBR Capital Rating: Buy New Target: $20.0 Initiate
02/02/2018 Broker: Deutsche Bank Rating: Buy New Target: $19 Initiates Coverage On
01/02/2018 Broker: Goldman Sachs Rating: Buy New Target: $21.0 Upgrade
29/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $24.0 Maintain
18/01/2018 Broker: SunTrust Rating: Buy New Target: $20.0 Maintain
18/01/2018 Broker: Cowen & Co Rating: Buy New Target: $18.0 Maintain

President – DBS Raj Rajgopal of Virtusa Corp, sold 4,025 of the company shares worth near $191,309 U.S Dollars with an average of $47.5 per share price. Raj Rajgopal currently holds 0.33% of Virtusa Corp’s total market capitalization with ownership of 97,216 shares. 

Among 10 analysts covering Virtusa (NASDAQ:VRTU), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Virtusa has $67 highest and $24 lowest target. $49.67’s average target is 1.54% above currents $48.915 stock price. Virtusa had 32 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, February 9 by Barrington Research. Cowen & Co initiated it with “Market Perform” rating and $39 target in Friday, February 19 report. Maxim Group maintained Virtusa Corporation (NASDAQ:VRTU) on Wednesday, November 4 with “Buy” rating. The stock of Virtusa Corporation (NASDAQ:VRTU) has “Buy” rating given on Friday, October 16 by Cantor Fitzgerald. Maxim Group maintained Virtusa Corporation (NASDAQ:VRTU) on Thursday, November 10 with “Buy” rating. The firm has “Buy” rating given on Thursday, November 10 by Needham. The rating was initiated by Sterne Agee CRT with “Neutral” on Thursday, December 17. The firm has “Buy” rating by Maxim Group given on Thursday, February 8. The company was maintained on Wednesday, June 29 by Maxim Group. The rating was upgraded by Cowen & Co on Friday, March 24 to “Outperform”.

The stock increased 1.23% or $0.595 during the last trading session, reaching $48.915. About 73,648 shares traded. Virtusa Corporation (NASDAQ:VRTU) has declined 13.10% since February 14, 2017 and is downtrending. It has underperformed by 29.80% the S&P500.

Since August 15, 2017, it had 0 buys, and 13 selling transactions for $4.22 million activity. 22,000 shares were sold by Canekeratne Kris A, worth $835,162. Rajgopal Raj sold $152,998 worth of stock or 4,025 shares. TRUST MARTIN had sold 12,255 shares worth $432,731. On Thursday, August 24 DAVOLI ROBERT E sold $104,078 worth of Virtusa Corporation (NASDAQ:VRTU) or 2,941 shares.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.46, from 1.26 in 2017Q2. It dropped, as 10 investors sold Virtusa Corporation shares while 54 reduced holdings. 21 funds opened positions while 30 raised stakes. 25.23 million shares or 4.91% less from 26.53 million shares in 2017Q2 were reported. 500 are held by Quantbot Techs Limited Partnership. Minnesota-based Ameriprise Financial Inc has invested 0% in Virtusa Corporation (NASDAQ:VRTU). Bank Of America Corporation De accumulated 0% or 80,971 shares. 8,755 were reported by Price T Rowe Assocs Md. Ubs Asset Mngmt Americas invested in 0% or 5,918 shares. Dimensional Fund Limited Partnership invested in 0.03% or 1.97 million shares. Summit Creek Advisors Limited Liability Corporation accumulated 1.52% or 204,850 shares. Great Lakes Advsrs Limited Company reported 103,804 shares. Citigroup owns 21,178 shares for 0% of their portfolio. Pzena stated it has 0.05% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Gemmer Asset Mngmt Limited holds 0% or 116 shares in its portfolio. Parkside Bancorp And Trust owns 18 shares. Nationwide Fund Advsrs invested 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Legal And General Grp Incorporated Public Ltd Company owns 0% invested in Virtusa Corporation (NASDAQ:VRTU) for 53,808 shares. Morgan Stanley holds 64,844 shares or 0% of its portfolio.

Virtusa Corporation operates as an information technology services company. The company has market cap of $1.44 billion. It offers business and IT consulting services comprising advisory/target operating model, business process re-engineering/BPM, transformational solution consulting, and business/technology alignment analysis; omni-channel digital strategy, experience design ASD, and employee engagement; and application portfolio rationalization, SDLC transformation, and BA competency transformation services. It has a 247.05 P/E ratio. The firm also provides technology implementation services, such as application development, software product engineering, CRM and SAP implementation, content management, enterprise mobility, cloud computing, and social media solutions; systems consolidation and rationalization, technology migration and porting, and legacy application Web-enablement; data management, business intelligence, reporting and decision support, master data management, data integration, and big data analytics; and software quality assurance and managed testing services.

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company has market cap of $5.44 billion. The companyÂ’s principal areas of operation include the Delaware Basin in Texas and New Mexico; the Williston Basin in North Dakota; and the San Juan Basin in New Mexico and Colorado. It currently has negative earnings. As of December 31, 2016, it had proved reserves of 346 million barrels of oil equivalent.

Investors sentiment decreased to 1.29 in 2017 Q3. Its down 0.15, from 1.44 in 2017Q2. It turned negative, as 36 investors sold WPX Energy, Inc. shares while 82 reduced holdings. 34 funds opened positions while 118 raised stakes. 385.12 million shares or 1.57% more from 379.18 million shares in 2017Q2 were reported. Financial Bank Of Montreal Can holds 151,315 shares or 0% of its portfolio. Ww Asset Mngmt accumulated 25,494 shares. The North Carolina-based Bancorp Of America De has invested 0.01% in WPX Energy, Inc. (NYSE:WPX). First Reserve Group Xii Limited invested in 31.67% or 7.79M shares. 5.19 million are owned by Encompass Cap Advisors Ltd. Parallax Volatility Advisers Limited Partnership has invested 0% in WPX Energy, Inc. (NYSE:WPX). Benjamin F Edwards & has invested 0% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Walleye Trading Ltd Company accumulated 457,346 shares. Gemmer Asset Mngmt Ltd Liability Corporation has 0% invested in WPX Energy, Inc. (NYSE:WPX). Employees Retirement System Of Texas invested in 0.13% or 888,000 shares. 2.70 million are owned by Sir Capital L P. Schroder Invest Mgmt Group holds 0.04% or 1.93M shares in its portfolio. Jennison Assocs Limited Liability owns 11.74M shares. Gagnon Advsr Ltd invested in 4.1% or 469,889 shares. Vr Advisory Services Ltd holds 0.42% or 67,600 shares in its portfolio.

Since September 15, 2017, it had 0 insider purchases, and 1 insider sale for $366,765 activity. 35,000 shares were sold by Gaspar Clay M, worth $366,765 on Friday, September 15.

The stock increased 3.44% or $0.455 during the last trading session, reaching $13.665. About 2.48 million shares traded. WPX Energy, Inc. (NYSE:WPX) has risen 29.74% since February 14, 2017 and is uptrending. It has outperformed by 13.04% the S&P500.