Exact Sciences Corporation (EXAS): Institutional Holdings and Trading Data

In the past 52-week period, shares of Exact Sciences Corporation (NASDAQ:EXAS) have moved within the range of $13.05 to $63.60. On the stock’s most recent trading day, the company’s shares ended the regular session at $53.73, which is 15.52% lower than its 52-week high.

Exact Sciences Corporation (EXAS) has demonstrated a 20-day simple moving average (SMA) of -8.16%, and a 50-day SMA of 1.28%. This public company’s current market capitalization stands at $6.41 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Exact Sciences Corporation (EXAS) is Outperform.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Exact Sciences Corporation (EXAS) delivered a 11.63% surprise with its net revenue. Sales reached $0.07 billion during the three-month period, compared to the average analyst estimate of $0.07 billion.

Ownership at Exact Sciences Corporation (EXAS), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Exact Sciences Corporation (EXAS) has 0 billion shares outstanding currently, 83.99% of which belong to institutional investors. Those institutional holdings amount to $5.38 billion.

Additionally, according to the most recent 13F filing from Exact Sciences Corporation (EXAS), there were 49 new positions totaling 1,746,367 shares of the company’s stock. There were 35 sold out positions, on the other hand, totaling 2,279,680 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Exact Sciences Corporation (EXAS) has had a 20-day average volume of 1,410,795 shares, with an average of 60% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 1,694,676 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,687,100 shares with 67% of long-term indicators pointing to Buy.