Timessquare Capital Management LLC Has Boosted Its 2U INC (TWOU) Holding by $9.14 Million

2U, Inc. (NASDAQ:TWOU) Logo

Timessquare Capital Management Llc increased its stake in 2U Inc. (TWOU) by 7.43% based on its latest 2019Q1 regulatory filing with the SEC. Timessquare Capital Management Llc bought 130,620 shares as the company’s stock declined 78.48% . The institutional investor held 1.89M shares of the technology company at the end of 2019Q1, valued at $133.77M, up from 1.76 million at the end of the previous reported quarter. Timessquare Capital Management Llc who had been investing in 2U Inc. for a number of months, seems to be bullish on the $1.05B market cap company. The stock increased 6.21% or $0.97 during the last trading session, reaching $16.59. About 2.88 million shares traded or 25.36% up from the average. 2U, Inc. (NASDAQ:TWOU) has declined 83.03% since August 15, 2018 and is downtrending. It has underperformed by 83.03% the S&P500.

Timessquare Capital Management Llc, which manages about $20.35 billion and $12.98B US Long portfolio, decreased its stake in Dexcom Inc. (NASDAQ:DXCM) by 236,800 shares to 241,800 shares, valued at $28.80M in 2019Q1, according to the filing. It also reduced its holding in Icf International Inc. (NASDAQ:ICFI) by 58,605 shares in the quarter, leaving it with 236,900 shares, and cut its stake in Davita Inc (NYSE:DVA).

More notable recent 2U, Inc. (NASDAQ:TWOU) news were published by: Globenewswire.com which released: “Bragar Eagel & Squire, PC Reminds Investors That Class Action Lawsuits Have Been Filed Against Just Energy, 2U, and Evolent and Encourages Investors to Contact the Firm – GlobeNewswire” on August 15, 2019, also Seekingalpha.com with their article: “2U: Enrollment Is Weakening – Seeking Alpha” published on July 31, 2019, Businesswire.com published: “Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against 2U, Inc. – Business Wire” on August 14, 2019. More interesting news about 2U, Inc. (NASDAQ:TWOU) were released by: Prnewswire.com and their article: “TWOU CLASS ACTION: Bernstein Liebhard LLP Announces that a Securities Class Action Has Been Filed Against 2U Inc. – PRNewswire” published on August 08, 2019 as well as Finance.Yahoo.com‘s news article titled: “2U Inc (TWOU) Q2 2019 Earnings Call Transcript – Yahoo Finance” with publication date: July 30, 2019.

2U, Inc. (NASDAQ:TWOU) Ratings Coverage

Among 7 analysts covering 2U (NASDAQ:TWOU), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. 2U has $102 highest and $1700 lowest target. $65.70’s average target is 296.02% above currents $16.59 stock price. 2U had 20 analyst reports since February 26, 2019 according to SRatingsIntel. As per Thursday, August 1, the company rating was downgraded by Berenberg. The rating was maintained by BMO Capital Markets with “Outperform” on Tuesday, February 26. The company was maintained on Tuesday, February 26 by Credit Suisse. Robert W. Baird maintained it with “Buy” rating and $90 target in Tuesday, February 26 report. The firm has “Buy” rating by Needham given on Tuesday, February 26. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, July 31. On Thursday, August 8 the stock rating was maintained by Citigroup with “Buy”. KeyBanc Capital Markets maintained 2U, Inc. (NASDAQ:TWOU) on Tuesday, February 26 with “Overweight” rating. The firm has “Buy” rating given on Tuesday, February 26 by Oppenheimer. Barrington maintained the stock with “Buy” rating in Tuesday, February 26 report.

2U, Inc. (NASDAQ:TWOU) Ratings Chart

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