2U, Inc. (NASDAQ:TWOU) has earned a consensus rating of “Buy” from the twelve brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation and ten have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $54.89.

TWOU has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of 2U from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. BMO Capital Markets raised their price objective on shares of 2U from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday, May 15th. Oppenheimer Holdings, Inc. raised their price objective on shares of 2U from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Tuesday. KeyCorp restated an “overweight” rating and set a $50.00 price objective on shares of 2U in a report on Monday, July 10th. Finally, Robert W. Baird raised their price objective on shares of 2U from $49.00 to $59.00 and gave the stock an “outperform” rating in a report on Tuesday.

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In other news, Director Mark Chernis sold 4,500 shares of 2U stock in a transaction dated Wednesday, June 14th. The shares were sold at an average price of $44.12, for a total value of $198,540.00. Following the completion of the transaction, the director now owns 19,825 shares in the company, valued at $874,679. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Timothy M. Haley sold 23,296 shares of 2U stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $39.71, for a total transaction of $925,084.16. Following the completion of the transaction, the director now owns 23,454 shares of the company’s stock, valued at approximately $931,358.34. The disclosure for this sale can be found here. Insiders sold 72,796 shares of company stock valued at $2,987,524 in the last quarter. Corporate insiders own 8.40% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC increased its position in 2U by 87.7% in the fourth quarter. AQR Capital Management LLC now owns 18,685 shares of the software maker’s stock valued at $563,000 after buying an additional 8,730 shares during the last quarter. Norges Bank acquired a new position in 2U during the fourth quarter valued at $1,805,000. Teachers Advisors LLC increased its position in 2U by 5.1% in the fourth quarter. Teachers Advisors LLC now owns 60,225 shares of the software maker’s stock valued at $1,816,000 after buying an additional 2,930 shares during the last quarter. Macquarie Group Ltd. increased its position in 2U by 10.1% in the fourth quarter. Macquarie Group Ltd. now owns 74,573 shares of the software maker’s stock valued at $2,248,000 after buying an additional 6,847 shares during the last quarter. Finally, Bank of Montreal Can increased its position in 2U by 2,379.8% in the first quarter. Bank of Montreal Can now owns 80,346 shares of the software maker’s stock valued at $3,187,000 after buying an additional 77,106 shares during the last quarter.

2U (NASDAQ TWOU) traded up 0.26% on Friday, hitting $46.09. 766,239 shares of the stock traded hands. The firm’s market capitalization is $2.21 billion. 2U has a 52 week low of $29.23 and a 52 week high of $52.94. The stock has a 50 day moving average of $48.48 and a 200 day moving average of $42.18.

About 2U

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 a learning environment (Online Campus), which acts as the hub for all student and faculty academic and social interaction, and a suite of integrated applications, which the Company uses to launch, operate and support the Company’s clients’ programs.

Analyst Recommendations for 2U (NASDAQ:TWOU)

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