<div id="readability-page-1"><p>Advisors Capital Management LLC purchased a new position in shares of  Exact Sciences Co. (NASDAQ:EXAS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 9,157 shares of the medical research company's stock, valued at approximately $515,000.</p><div><p><span></span><span>Get <strong>Exact Sciences</strong> alerts:</span></p></div><ul><li>Myriad Genetics Sees Stock Surge with Hereditary Cancer Tests</li></ul><p>Several other institutional investors also recently added to or reduced their stakes in the company. Thompson Investment Management Inc. grew its position in shares of  Exact Sciences by 17.8% during the fourth quarter. Thompson Investment Management Inc. now owns 241,774 shares of the medical research company's stock worth $13,585,000 after acquiring an additional 36,505 shares during the last quarter.  Harbor Capital Advisors Inc. grew its position in  Exact Sciences by 35.3% during the 4th quarter. Harbor Capital Advisors Inc. now owns 95,827 shares of the medical research company's stock worth $5,385,000 after purchasing an additional 24,992 shares during the last quarter.  Jones Financial Companies Lllp increased its stake in  Exact Sciences by 32.2% in the fourth quarter. Jones Financial Companies Lllp now owns 9,508 shares of the medical research company's stock valued at $534,000 after purchasing an additional 2,315 shares during the period.  C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of  Exact Sciences in the fourth quarter valued at about $478,000.  Finally, Sanctuary Advisors LLC boosted its stake in shares of  Exact Sciences by 2.0% during the fourth quarter. Sanctuary Advisors LLC now owns 13,625 shares of the medical research company's stock worth $763,000 after buying an additional 269 shares during the period. Institutional investors and hedge funds own  88.82% of the company's stock. </p><h2>Exact Sciences Trading Down 1.3 %</h2><p>Shares of Exact Sciences stock opened at $43.67 on Wednesday. The business has a 50 day moving average price of $46.50 and a 200 day moving average price of $55.48. The company has a market capitalization of $8.11 billion, a P/E ratio of -7.84 and a beta of 1.14. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.15 and a quick ratio of 1.93. Exact Sciences Co. has a 1 year low of $39.97 and a 1 year high of $72.83. </p><ul><li>3 Hot Stocks Bought by Members of Congress: Follow the Money</li></ul><p>Exact Sciences (NASDAQ:EXAS - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The medical research company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.29) by $0.23. The company had revenue of $713.42 million for the quarter, compared to analysts' expectations of $701.45 million. Exact Sciences had a negative net margin of 37.29% and a negative return on equity of 5.29%.  Sell-side analysts anticipate that  Exact Sciences Co. will post -0.58 EPS for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><p>Several analysts have commented on EXAS shares. Guggenheim  reaffirmed a &#34;buy&#34; rating and set a $60.00 price objective on shares of Exact Sciences in a research note on Friday, April 11th. Scotiabank lifted their price objective on shares of Exact Sciences from $70.00 to $73.00 and gave the company a &#34;sector outperform&#34; rating in a research report on Monday, February 24th. Piper Sandler cut their price objective on shares of Exact Sciences from $75.00 to $70.00 and set an &#34;overweight&#34; rating for the company in a research report on Wednesday, February 26th. Barclays lowered their target price on shares of Exact Sciences from $65.00 to $55.00 and set an &#34;overweight&#34; rating on the stock in a report on Thursday, April 10th. Finally, Bank of America cut their price target on shares of Exact Sciences from $72.00 to $65.00 and set a &#34;buy&#34; rating for the company in a report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one  has given a strong buy rating to the stock. According to MarketBeat.com, Exact Sciences currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $69.25.</p><ul><li>Time to buy these 3 healthcare companies that raised revenue guidance?</li></ul><p><b>Get Our Latest Stock Report on EXAS</b></p><h2>Exact Sciences Profile</h2> (Free Report)<p>Exact Sciences Corporation provides cancer screening and diagnostic test products in the United States and internationally. The company offers Cologuard, a non-invasive stool-based DNA screening test to detect DNA and hemoglobin biomarkers associated with colorectal cancer and pre-cancer. It also provides Oncotype DX Breast Recurrence Score Test; Oncotype DX Breast DCIS Score Test; Oncotype DX Colon Recurrence Score Test; OncoExTra Test for tumor profiling for patients with advanced, metastatic, refractory, relapsed, or recurrent cancer; and Covid-19 testing services.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Exact Sciences</li><li>Insider Selling Explained: Can it Inform Your Investing Choices?</li><li>Beware of BigBear.ai: Insiders Are Selling—Should You?</li><li>Stock Market Sectors: What Are They and How Many Are There? </li><li>CrowdStrike Stock is a Buy as Cyberthreat Environment Expands</li><li>What is the Shanghai Stock Exchange Composite Index?</li><li>Congress! Who Traded What During the Tariff-Induced Meltdown </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVhBUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVhBUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Exact Sciences Right Now?</h2><p>Before you consider Exact Sciences, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exact Sciences wasn't on the list.</p><p>While Exact Sciences currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

EXAS

<p>Advisors Capital Management LLC has acquired a new position in Exact Sciences Co. (NASDAQ:EXAS), purchasing 9,157 shares valued at approximately $515,000. Other institutional investors have also increased their stakes in the company. Exact Sciences reported a quarterly EPS of ($0.06), exceeding estimates, with revenue of $713.42 million. Analysts have mixed ratings on the stock, with a consensus rating of "Moderate Buy" and an average price target of $69.25. The stock is currently trading at $43.67, down 1.3%.</p>

Advisors Capital Management LLC Buys New Position in Exact Sciences Co. (NASDAQ:EXAS)