Reasons for Karen Boone’s Shares Sale of RH (RH)’s Stock; 8 Analysts Are Bullish Virtusa (VRTU) Last Week

Virtusa Corporation (NASDAQ:VRTU) Logo

Among 10 analysts covering Virtusa (NASDAQ:VRTU), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Virtusa had 36 analyst reports since July 29, 2015 according to SRatingsIntel. On Thursday, December 17 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The firm has “Outperform” rating by Barrington Research given on Thursday, August 20. Cowen & Co maintained it with “Buy” rating and $3600 target in Friday, July 28 report. Maxim Group maintained Virtusa Corporation (NASDAQ:VRTU) on Thursday, November 10 with “Buy” rating. Barrington Research maintained Virtusa Corporation (NASDAQ:VRTU) on Thursday, November 5 with “Outperform” rating. The firm has “Buy” rating given on Thursday, February 8 by Maxim Group. Needham maintained the stock with “Buy” rating in Friday, February 10 report. The firm has “Neutral” rating given on Friday, September 9 by Wedbush. The firm has “Outperform” rating by Wedbush given on Friday, January 6. As per Thursday, February 8, the company rating was maintained by SunTrust. See Virtusa Corporation (NASDAQ:VRTU) latest ratings:

14/03/2018 Broker: Needham Rating: Buy New Target: $65.0 Maintain
14/03/2018 Broker: Cantor Fitzgerald Old Rating: Buy New Rating: Buy Old Target: $52 New Target: $60 Maintain
13/03/2018 Broker: Maxim Group Rating: Buy New Target: $64.0 Maintain
13/03/2018 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $55 New Target: $60 Maintain
09/02/2018 Broker: Barrington Rating: Buy New Target: $55.0 Maintain
08/02/2018 Broker: SunTrust Rating: Buy New Target: $55.0 Maintain
08/02/2018 Broker: Needham Rating: Buy New Target: $60.0 Maintain
08/02/2018 Broker: Maxim Group Rating: Buy New Target: $59.0 Maintain
17/11/2017 Broker: Needham Rating: Buy New Target: $55.0
10/11/2017 Broker: SunTrust Rating: Buy New Target: $52.0

Since October 2, 2017, it had 0 buys, and 17 selling transactions for $9.25 million activity. Another trade for 12,000 shares valued at $553,448 was made by Canekeratne Kris A on Wednesday, January 10. Holler Thomas R had sold 17,479 shares worth $883,273 on Thursday, March 15. The insider Rajgopal Raj sold 4,025 shares worth $191,309. Modder Roger Keith sold $625,351 worth of stock or 12,500 shares. Kalia Ranjan sold $698,453 worth of stock or 13,865 shares. The insider DAVOLI ROBERT E sold 1,505 shares worth $68,186. Narayanan Sundararajan had sold 3,422 shares worth $171,081 on Thursday, March 15.

Virtusa Corporation operates as an information technology services company. The company has market cap of $1.43 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 244.75 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.

The stock increased 1.66% or $0.79 during the last trading session, reaching $48.46. About 159,590 shares traded. Virtusa Corporation (NASDAQ:VRTU) has risen 56.23% since March 30, 2017 and is uptrending. It has outperformed by 44.68% the S&P500.

Investors sentiment increased to 1.5 in Q4 2017. Its up 0.70, from 0.8 in 2017Q3. It improved, as 7 investors sold Virtusa Corporation shares while 51 reduced holdings. 37 funds opened positions while 50 raised stakes. 24.34 million shares or 3.51% less from 25.23 million shares in 2017Q3 were reported. Teachers Retirement System Of The State Of Kentucky accumulated 7,300 shares or 0% of the stock. Hussman Strategic Advsr Inc reported 75,000 shares or 0.94% of all its holdings. Ubs Asset Management Americas Inc holds 0% or 5,918 shares. Northern holds 0.01% in Virtusa Corporation (NASDAQ:VRTU) or 633,915 shares. Driehaus Management Limited Liability Corporation owns 190,100 shares. Granahan Invest Inc Ma invested 1.32% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Ami Asset Mngmt has invested 0.75% in Virtusa Corporation (NASDAQ:VRTU). 43,527 were accumulated by State Common Retirement Fund. Parametric Port Associate Ltd Llc holds 119,086 shares. Royal Savings Bank Of Canada holds 0% or 222,963 shares. Miles Inc holds 0.14% of its portfolio in Virtusa Corporation (NASDAQ:VRTU) for 5,528 shares. California Public Employees Retirement reported 106,684 shares or 0.01% of all its holdings. Tiaa Cref Investment Management Ltd Llc invested 0% in Virtusa Corporation (NASDAQ:VRTU). Captrust Fincl reported 0% in Virtusa Corporation (NASDAQ:VRTU). Laurion Capital Mgmt Limited Partnership stated it has 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU).

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company has market cap of $2.03 billion. The firm offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. It has a 283.57 P/E ratio. It provides its products through its retail galleries and Source Books, as well as online through rh.com, rhmodern.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and waterworks.com Websites.

Among 26 analysts covering Restoration Hardware Holdings (NYSE:RH), 8 have Buy rating, 1 Sell and 17 Hold. Therefore 31% are positive. Restoration Hardware Holdings has $130 highest and $28 lowest target. $77.15’s average target is -19.03% below currents $95.28 stock price. Restoration Hardware Holdings had 99 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cowen & Co on Thursday, September 7. KeyBanc Capital Markets maintained RH (NYSE:RH) on Wednesday, September 27 with “Hold” rating. The stock of RH (NYSE:RH) has “Market Perform” rating given on Friday, December 9 by Telsey Advisory Group. The firm earned “Hold” rating on Thursday, March 17 by BB&T Capital. The stock of RH (NYSE:RH) earned “Buy” rating by Deutsche Bank on Friday, June 23. As per Wednesday, March 30, the company rating was maintained by Nomura. The rating was downgraded by Telsey Advisory Group on Thursday, June 9 to “Market Perform”. On Thursday, June 9 the stock rating was downgraded by Longbow to “Neutral”. The stock of RH (NYSE:RH) has “Buy” rating given on Friday, August 19 by Goldman Sachs. The firm earned “Hold” rating on Friday, October 13 by Robert W. Baird.

The stock increased 3.30% or $3.04 during the last trading session, reaching $95.28. About 2.28 million shares traded or 132.28% up from the average. RH (NYSE:RH) has risen 105.26% since March 30, 2017 and is uptrending. It has outperformed by 93.71% the S&P500.

The well informed woman Karen Boone who is Chief Fin./Adm. Officer of Rh sold 25,000 shares of the public firm having a total value of $2,388,490 US Dollars based on $95.5 for every share. This is a trade that is not going to remain hidden as Karen already has ownership of 9,430 shares accounting for 0.04% of the Company’s market cap

Virtusa Corporation (NASDAQ:VRTU) Institutional Positions Chart