SG Americas Securities LLC Purchases 399,605 Shares of Endava plc (NYSE:DAVA)

SG Americas Securities LLC lifted its stake in shares of Endava plc (NYSE:DAVA - Free Report) by 1,299.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 430,366 shares of the company's stock after acquiring an additional 399,605 shares during the period. SG Americas Securities LLC owned 0.73% of Endava worth $13,298,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in shares of Endava in the third quarter worth $30,000. Signaturefd LLC lifted its stake in shares of Endava by 84.1% during the third quarter. Signaturefd LLC now owns 1,939 shares of the company's stock worth $50,000 after purchasing an additional 886 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Endava by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 1,607 shares of the company's stock valued at $50,000 after buying an additional 745 shares during the period. Precision Wealth Strategies LLC lifted its position in shares of Endava by 6.7% during the third quarter. Precision Wealth Strategies LLC now owns 8,571 shares of the company's stock worth $219,000 after purchasing an additional 540 shares in the last quarter. Finally, Strengthening Families & Communities LLC grew its stake in Endava by 11.4% during the 3rd quarter. Strengthening Families & Communities LLC now owns 9,116 shares of the company's stock valued at $233,000 after purchasing an additional 933 shares in the last quarter. Hedge funds and other institutional investors own 62.23% of the company's stock.

Wall Street Analyst Weigh In

DAVA has been the subject of a number of research analyst reports. Bank of America initiated coverage on shares of Endava in a research note on Friday, November 22nd. They issued a "neutral" rating and a $29.00 price target for the company. Citigroup decreased their target price on Endava from $30.00 to $27.00 and set a "neutral" rating for the company in a research report on Monday, October 28th. TD Cowen lifted their price objective on shares of Endava from $35.00 to $36.00 and gave the stock a "buy" rating in a report on Wednesday, November 13th. Guggenheim reduced their price target on shares of Endava from $45.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. Finally, Needham & Company LLC increased their price objective on shares of Endava from $36.00 to $43.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $40.46.

Endava Stock Performance

Shares of NYSE:DAVA traded up $0.36 on Friday, hitting $32.24. The company's stock had a trading volume of 81,441 shares, compared to its average volume of 326,478. Endava plc has a 12 month low of $23.28 and a 12 month high of $76.67. The stock's 50-day moving average is $29.97 and its two-hundred day moving average is $29.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.90 and a current ratio of 1.90. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 230.16, a price-to-earnings-growth ratio of 2.23 and a beta of 1.22.

Endava Company Profile

Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.