2U Inc. (NASDAQ:TWOU) saw unusually-high trading volume on Tuesday . Approximately 469,816 shares traded hands during mid-day trading, a decline of 6% from the previous session’s volume of 502,477 shares.The stock last traded at $33.68 and had previously closed at $33.27.

TWOU has been the topic of a number of analyst reports. Zacks Investment Research raised shares of 2U from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research report on Thursday, May 12th. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of 2U in a research report on Sunday, May 8th. Robert W. Baird reaffirmed a “buy” rating on shares of 2U in a research report on Sunday, May 8th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of 2U in a research report on Friday, May 6th. Finally, Needham & Company LLC initiated coverage on shares of 2U in a research report on Friday. They issued a “buy” rating and a $40.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $35.25.

The company’s 50 day moving average is $29.75 and its 200 day moving average is $24.86. The firm’s market capitalization is $1.56 billion.

In other news, Director Mark Chernis sold 4,500 shares of the stock in a transaction dated Friday, June 10th. The shares were sold at an average price of $29.35, for a total transaction of $132,075.00. Following the sale, the director now owns 16,918 shares of the company’s stock, valued at $496,543.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John M. Larson sold 16,666 shares of the stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $27.20, for a total transaction of $453,315.20. The disclosure for this sale can be found here.

Other hedge funds have modified their holdings of the company. California State Teachers Retirement System boosted its stake in shares of 2U by 11.6% in the fourth quarter. California State Teachers Retirement System now owns 48,721 shares of the company’s stock valued at $1,363,000 after buying an additional 5,061 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of 2U by 44.6% in the fourth quarter. California Public Employees Retirement System now owns 79,400 shares of the company’s stock valued at $2,222,000 after buying an additional 24,500 shares in the last quarter. Carleon Capital Partners LLC acquired a new stake in shares of 2U during the fourth quarter valued at about $3,373,000. Turner Investments L.P. boosted its stake in shares of 2U by 15.6% in the fourth quarter. Turner Investments L.P. now owns 155,040 shares of the company’s stock valued at $4,338,000 after buying an additional 20,910 shares in the last quarter. Finally, Royce & Associates LLC boosted its stake in shares of 2U by 190.9% in the fourth quarter. Royce & Associates LLC now owns 292,348 shares of the company’s stock valued at $8,180,000 after buying an additional 191,848 shares in the last quarter.

2U, Inc is a provider of an integrated solution consisting of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform) that allows colleges and universities to deliver online degree programs. The Company’s SaaS technology consists of an online learning environment, Online Campus, which acts as the hub for student and faculty academic and social interaction, and operations applications.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.