6 days Ago By Defense World Staff
KLP Kapitalforvaltning AS acquired a new position in shares of TaskUs, Inc. ( NASDAQ:TASK – Free Report ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,800 shares of the company’s stock, valued at approximately $81,000.
A number of other large investors have also made changes to their positions in the stock. Blue Trust Inc. boosted its stake in TaskUs by 71.
5% during the fourth quarter. Blue Trust Inc. now owns 1,677 shares of the company’s stock worth $28,000 after buying an additional 699 shares in the last quarter.
Harbour Capital Advisors LLC bought a new position in shares of TaskUs during the 4th quarter worth about $266,000. XTX Topco Ltd bought a new position in shares of TaskUs during the 3rd quarter worth about $269,000. Jane Street Group LLC boosted its position in shares of TaskUs by 9.
9% during the 3rd quarter. Jane Street Group LLC now owns 21,761 shares of the company’s stock valued at $281,000 after acquiring an additional 1,959 shares in the last quarter. Finally, Barclays PLC increased its stake in TaskUs by 24.
9% in the third quarter. Barclays PLC now owns 24,774 shares of the company’s stock valued at $321,000 after acquiring an additional 4,945 shares during the period. Institutional investors and hedge funds own 44.
64% of the company’s stock. Analysts Set New Price Targets A number of research analysts have commented on TASK shares. Morgan Stanley upgraded shares of TaskUs from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $18.
00 to $21.00 in a research note on Friday, December 13th. Royal Bank of Canada raised their target price on TaskUs from $18.
00 to $20.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock.
Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.86. Insiders Place Their Bets In other TaskUs news, insider Jarrod Johnson sold 15,460 shares of the stock in a transaction on Tuesday, March 11th.
The stock was sold at an average price of $13.25, for a total value of $204,845.00.
The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Insiders own 29.26% of the company’s stock.
TaskUs Stock Up 1.1 % Shares of TASK opened at $12.47 on Friday.
The company has a market capitalization of $1.12 billion, a P/E ratio of 21.14, a PEG ratio of 3.
92 and a beta of 2.17. TaskUs, Inc.
has a one year low of $10.56 and a one year high of $19.60.
The business’s 50 day simple moving average is $13.95 and its 200-day simple moving average is $14.54.
The company has a debt-to-equity ratio of 0.50, a current ratio of 3.02 and a quick ratio of 3.
02. TaskUs ( NASDAQ:TASK – Get Free Report ) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.
22 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.12).
TaskUs had a return on equity of 17.73% and a net margin of 5.58%.
The business had revenue of $274.24 million during the quarter, compared to analyst estimates of $268.65 million.
As a group, sell-side analysts predict that TaskUs, Inc. will post 0.9 EPS for the current fiscal year.
About TaskUs ( Free Report ) TaskUs, Inc provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions. Recommended Stories Five stocks we like better than TaskUs Why Invest in High-Yield Dividend Stocks? JPMorgan is a Buy, if You Can Handle The Volatility What Does a Gap Up Mean in Stocks? How to Play the Gap United States Steel’s Crash: An Unmissable Buying Opportunity REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today Rocket Lab Stock: Weathering the Storm, Time for a Comeback? Want to see what other hedge funds are holding TASK? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TaskUs, Inc. ( NASDAQ:TASK – Free Report ). Receive News & Ratings for TaskUs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TaskUs and related companies with MarketBeat.
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