Endava

TD COWEN Downgrades ENDAVA PLC Rating and Target Price

Bamco Inc. NY reduced its stake in Endava plc (NYSE:DAVA) by 20.8% in Q4, now holding 674,261 shares valued at $20.8 million. Other institutional investors also adjusted their positions, with Assetmark Inc. increasing its stake by 93.1%. Analysts have mixed ratings on DAVA, with a consensus target price of $38.51. Endava's stock opened at $18.90, with a market cap of $1.12 billion and a recent earnings miss. The company provides technology services across various sectors, including healthcare and retail.

Bamco Inc. NY Cuts Stake in Endava plc (NYSE:DAVA)

Barclays PLC significantly increased its stake in Endava plc (NYSE:DAVA) by 22,933.3% in Q4, owning 17,275 shares valued at $533,000. Other institutional investors also raised their positions, with Blue Trust Inc. increasing its stake by 28.5%. Analysts have mixed ratings on Endava, with a consensus rating of "Moderate Buy" and an average price target of $38.51. Endava's stock opened at $19.88, with a market cap of $1.17 billion, and reported a revenue of $250.63 million in its latest earnings announcement, missing EPS estimates.

Barclays PLC Raises Position in Endava plc (NYSE:DAVA)

Wells Fargo & Company MN reduced its stake in Endava plc (NYSE:DAVA) by 16.5%, selling 52,067 shares in the fourth quarter, leaving it with 262,588 shares valued at $8.11 million. Other institutional investors also adjusted their positions, with notable increases from JPMorgan Chase & Co. and IQ EQ FUND MANAGEMENT IRELAND Ltd. Endava's stock opened at $17.09, with a market cap of $1.01 billion. The company reported earnings of $0.14 per share, missing estimates, but revenue exceeded expectations at $250.63 million. Analysts have mixed ratings on the stock, with an average target of $39.10.

TD COWEN Downgrades ENDAVA PLC Rating and Target Price

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