Technology Definition

YorkBridge Wealth Companions LLC Acquires Shares of 11,451 Duck Creek Applied sciences, Inc. (NASDAQ:DCT)


YorkBridge Wealth Companions LLC acquired a brand new stake in shares of Duck Creek Applied sciences, Inc. (NASDAQ:DCTGet Score) through the first quarter, in accordance with the corporate in its most up-to-date submitting with the Securities and Trade Fee (SEC). The fund acquired 11,451 shares of the corporate’s inventory, valued at roughly $253,000.

Numerous different hedge funds have additionally lately purchased and offered shares of the enterprise. Advisor Group Holdings Inc. grew its holdings in shares of Duck Creek Applied sciences by 8.3% within the fourth quarter. Advisor Group Holdings Inc. now owns 37,670 shares of the corporate’s inventory price $1,135,000 after buying a further 2,888 shares over the last quarter. Cornerstone Funding Companions LLC purchased a brand new place in shares of Duck Creek Applied sciences within the fourth quarter price about $210,000. Squarepoint Ops LLC grew its holdings in shares of Duck Creek Applied sciences by 335.3% within the fourth quarter. Squarepoint Ops LLC now owns 185,843 shares of the corporate’s inventory price $5,596,000 after buying a further 143,148 shares over the last quarter. Bayesian Capital Administration LP purchased a brand new place in shares of Duck Creek Applied sciences within the fourth quarter price about $493,000. Lastly, Intercontinental Wealth Advisors LLC purchased a brand new place in shares of Duck Creek Applied sciences within the fourth quarter price about $210,000. Institutional traders and hedge funds personal 71.84% of the corporate’s inventory.

In associated information, CFO Kevin R. Rhodes acquired 3,000 shares of the enterprise’s inventory in a transaction dated Monday, April twenty fifth. The shares have been bought at a median value of $16.66 per share, for a complete transaction of $49,980.00. Following the completion of the acquisition, the chief monetary officer now straight owns 137,393 shares within the firm, valued at roughly $2,288,967.38. The transaction was disclosed in a doc filed with the SEC, which is offered by means of this hyperlink. Company insiders personal 2.90% of the corporate’s inventory.

DCT inventory opened at $18.97 on Tuesday. The agency has a market cap of $2.51 billion, a price-to-earnings ratio of -474.25, a PEG ratio of 9.42 and a beta of 0.22. The agency has a 50-day easy transferring common of $17.43 and a two-hundred day easy transferring common of $21.72. Duck Creek Applied sciences, Inc. has a one yr low of $14.90 and a one yr excessive of $50.90.

Duck Creek Applied sciences (NASDAQ:DCTGet Score) final posted its quarterly earnings knowledge on Thursday, March thirty first. The corporate reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.04. Duck Creek Applied sciences had a damaging web margin of two.11% and a optimistic return on fairness of 1.14%. The agency had income of $76.42 million for the quarter, in comparison with the consensus estimate of $72.57 million. Throughout the identical quarter within the prior yr, the corporate posted ($0.01) earnings per share. The corporate’s income for the quarter was up 22.0% in comparison with the identical quarter final yr. As a gaggle, sell-side analysts anticipate that Duck Creek Applied sciences, Inc. will put up 0.04 EPS for the present yr.

DCT has been the topic of various analysis stories. Barclays lowered their value goal on shares of Duck Creek Applied sciences from $38.00 to $31.00 and set an “obese” ranking for the corporate in a analysis be aware on Wednesday, March thirtieth. Raymond James lowered their value goal on shares of Duck Creek Applied sciences from $36.00 to $24.00 and set an “outperform” ranking for the corporate in a analysis be aware on Friday, April 1st. DA Davidson lowered their value goal on shares of Duck Creek Applied sciences from $38.00 to $34.00 in a analysis be aware on Friday, April 1st. Needham & Firm LLC lowered their value goal on shares of Duck Creek Applied sciences from $40.00 to $27.00 and set a “purchase” ranking for the corporate in a analysis be aware on Friday, April 1st. Lastly, JMP Securities lowered their value goal on shares of Duck Creek Applied sciences from $35.00 to $27.00 and set a “market outperform” ranking for the corporate in a analysis be aware on Friday, April 1st. Two analysis analysts have rated the inventory with a maintain ranking and 7 have issued a purchase ranking to the inventory. In response to MarketBeat.com, Duck Creek Applied sciences has a median ranking of “Reasonable Purchase” and a consensus value goal of $33.00.

Duck Creek Applied sciences Profile (Get Score)

Duck Creek Applied sciences, Inc gives software-as-a-service core programs to the property and casualty insurance coverage business in the USA and internationally. The corporate gives Duck Creek Coverage, an answer that permits insurers to develop and launch new insurance coverage merchandise and handle numerous elements of coverage administration starting from product definition to quoting, binding, and servicing; Duck Creek Billing that gives fee and invoicing capabilities, corresponding to billing and collections, fee processing, disbursement administration, and common ledger capabilities for insurance coverage strains and invoice varieties; and Duck Creek Claims that helps complete claims lifecycle from first discover of loss by means of investigation, funds, negotiations, reporting, and closure.

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Institutional Ownership by Quarter for Duck Creek Technologies (NASDAQ:DCT)

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