.jpg "Virtusa Corp (NASDAQ: VRTU)")
Today, a Director at Virtusa Corp, William O’brien, exercised options of Virtusa Corp (NASDAQ: VRTU) for $732.6K.
Following William O’brien’s last VRTU Sell transaction on November 20, 2014, the stock climbed by 12.8%. In addition to William O’brien, 4 other VRTU executives reported Sell trades in the last month.
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Based on Virtusa Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $281 million and quarterly net profit of $2.88 million. In comparison, last year the company earned revenue of $225 million and had a net profit of $10.47 million. Currently, Virtusa Corp has an average volume of 158.9K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $58.20, reflecting a -10.5% downside.
The insider sentiment on Virtusa Corp has been negative according to 107 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
William O’brien’s trades have generated a -12.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Virtusa Corp. engages in the provision of information technology consulting, technology implementation, and application outsourcing services. Its services includes business process management, application services, infrastructure management, enterprise information management, independent validation services, platforming, mobility, enterprise resource planning, business consulting, customer experience management, and cloud. The company was founded by Krishan A. Canekeratne, Tushara Canekeratne and John Gillis in November 1996 and is headquartered in Westborough, MA.
