Teachers Advisors LLC increased its position in 2U, Inc. (NASDAQ:TWOU) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 63,732 shares of the software maker’s stock after buying an additional 3,507 shares during the period. Teachers Advisors LLC’s holdings in 2U were worth $2,528,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Suntrust Banks Inc. increased its position in 2U by 1.2% in the first quarter. Suntrust Banks Inc. now owns 8,307 shares of the software maker’s stock worth $329,000 after buying an additional 101 shares during the last quarter. Profund Advisors LLC increased its position in 2U by 4.6% in the first quarter. Profund Advisors LLC now owns 24,680 shares of the software maker’s stock worth $979,000 after buying an additional 1,095 shares during the last quarter. American International Group Inc. increased its position in 2U by 7.1% in the first quarter. American International Group Inc. now owns 22,583 shares of the software maker’s stock worth $896,000 after buying an additional 1,492 shares during the last quarter. Swiss National Bank increased its position in 2U by 2.7% in the first quarter. Swiss National Bank now owns 58,100 shares of the software maker’s stock worth $2,304,000 after buying an additional 1,500 shares during the last quarter. Finally, US Bancorp DE increased its position in 2U by 16.3% in the first quarter. US Bancorp DE now owns 17,185 shares of the software maker’s stock worth $681,000 after buying an additional 2,408 shares during the last quarter.

Shares of 2U, Inc. (NASDAQ TWOU) traded down 0.13% during midday trading on Wednesday, reaching $47.71. 4,810 shares of the company’s stock were exchanged. 2U, Inc. has a 12-month low of $29.23 and a 12-month high of $52.94. The company’s market cap is $2.29 billion. The stock’s 50 day moving average price is $48.48 and its 200 day moving average price is $42.47.

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A number of research firms recently issued reports on TWOU. Credit Suisse Group increased their price target on shares of 2U from $54.00 to $58.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 8th. BMO Capital Markets increased their price target on shares of 2U from $48.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, May 5th. Barrington Research upped their price objective on shares of 2U to $56.00 and gave the stock an “outperform” rating in a report on Tuesday, August 8th. BidaskClub cut shares of 2U from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. Finally, Zacks Investment Research cut shares of 2U from a “hold” rating to a “sell” rating in a report on Saturday. One analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $54.60.

In other news, Director Mark Chernis sold 4,500 shares of the business’s 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 sale, the director now owns 19,825 shares in the company, valued at approximately $874,679. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Timothy M. Haley sold 23,296 shares of the business’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $39.71, for a total transaction of $925,084.16. Following the completion of the sale, 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 own 8.40% of the company’s stock.

2U Company Profile

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.

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Institutional Ownership by Quarter for 2U (NASDAQ:TWOU)

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