Zevenbergen Capital Investments Llc’s stake in 2U Inc. (TWOU) is increased by 11.7% based on its latest 2018Q2 regulatory filing with the SEC. 115,020 shares were bought by Zevenbergen Capital Investments Llc as the company’s stock declined 12.76% while stock markets rallied. The technology company at the end of 2018Q2 was priced at $91.72 million. It’s up from 982,675 at the end of the previous reported quarter. Now it had 1.10 million shares held by the institutional investor . $3.11B is the market cap of 2U Inc.. The stock decreased 1.49% or $0.82 during the last trading session, hitting $54.21.2U, Inc. has volume of 632,754 shares. Since November 10, 2017 TWOU has risen 58.61% and is uptrending. The stock outperformed the S&P500 by 42.99%.
The Zevenbergen Capital Investments Llc’s stake in Lululemon Athletica Inc. (NASDAQ:LULU) was decreased by 190,605 shares to 368,975 shares valued at $46.07M in 2018Q2, according to the filing. It manages about $2.92 billion and $3.01B US Long portfolio. For a total of 781,130 shares it reduced its holding in Sea Limited by 367,045 shares in the quarter, and has cut its stake in Shake Shack Inc..
A couple more 2U, Inc. (NASDAQ:TWOU) news were released by: Seekingalpha.com which released on November 06, 2018 “2U: The Correction Was Long Overdue”, also Fool.com on November 10, 2018 released “About to Buy Penny Stocks? Look at These 3 Companies First”, the next Seekingalpha.com is “2U reports Q3 beats, in-line guidance” on November 05, 2018. Fool.com has article titled “2U Carves Out Its Path to $1 Billion”.
2U, Inc. (NASDAQ:TWOU) Ratings Coverage
In total 6 analysts cover 2U (NASDAQ:TWOU). “Buy” rating has 5, “Sell” are 0, while 1 are “Hold”. 83% are bullish. 7 are the (NASDAQ:TWOU)’s analyst reports since June 4, 2018 according to StockzIntelligence Inc. In Tuesday, November 6 report Credit Suisse maintained it with “Outperform” rating and $80 target. On Monday, June 4 the rating was maintained by BMO Capital Markets with “Outperform”. In Tuesday, November 6 report BMO Capital Markets maintained it with “Outperform” rating and $75 target. On Tuesday, November 6 the firm has “Overweight” rating given by KeyBanc Capital Markets.
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