Insider Activity to Watch: Exa Corporation $EXA

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Exa Corporation (EXA) insider have most recently took part in a trading activity. On Sep 18, 2017 Soros Fund Management Llc, 10% Owner bought 53,502 shares having total worth of $828,746 at the price of $15.49 per share, following the transaction a total of 1,715,168 shares owned by Soros Fund Management Llc. Before this latest buy, Soros Fund Management Llc purchased EXA at 1 other times during the past twelve months, for a total investment of $23.06M at an average of $14.46 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 14 times by insiders. In 12 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 21.32%
12 Month 2 12 18.59%

Shares of Exa Corporation (EXA) traded up 4.58% on Sep 15, 2017, hitting $15.76. 115,514 shares of the company’s stock traded hands. Exa Corporation has a 52 week low of $11.37 and a 52 week high of $16.66. The company’s market cap is $239 million.

Exa Corporation (EXA) last announced its earnings results on Aug 28, 2017. The company reported -0.12 earnings per share (EPS) for the quarter, same as the consensus estimate of -0.12. The company had revenue of $17 million for the quarter, compared to the consensus estimate of $18 million. During the same quarter in the previous year, the company posted -0.02 earnings per share. The company’s revenue for the quarter was up 2% on a year-over-year basis.

2017-08-28 2017-05-24 2017-03-16 2016-11-30 2016-08-29 2016-05-25 2016-03-10 2015-12-03 2015-09-01 2015-05-28
earnings per share -0.12 -0.14 0.05 0.04 -0.02 -0.04 -0.06 0.00 -0.06 -0.10
Revenue(M) 17.45 16.56 19.53 19.16 17.11 16.79 18.26 16.96 15.46 14.77

Exa Corp is incorporated in the state of Delaware. The company was founded in 1991 and began its operations in 1992. The company develops, sell and support simulation software and services that vehicle manufacturers use to enhance the performance of their products, reduce product development costs and improve the efficiency of their design and engineering processes. Its solutions enable its customers to augment or replace inefficient and expensive methods of evaluating alternative designs, such as wind tunnel testing using physical prototypes, with accurate digital simulations that are more useful and timely. Its core product, PowerFLOW, is an innovative software solution for simulating complex fluid flow problems, including aerodynamics, thermal management, and aeroacoustics, or wind noise. PowerFLOW relies upon proprietary technology that it refers to as Digital Physics, which is based on algorithms known as the lattice Boltzmann method. Its proprietary technology enables PowerFLOW to predict complex fluid flows with a level of reliability comparable to or better than physical testing, with results that are more accurate and useful than those of alternative computational fluid dynamics, or CFD, methods. The company is currently focusing mainly on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers. Over 80 manufacturers currently utilizing its products and services, including 13 of the global top 15 passenger vehicle manufacturer groups such as BMW, Ford, Hyundai, Jaguar Land Rover, Nissan, Porsche, Renault, Toyota and Volkswagen/Porsche; truck and off-highway vehicle manufacturers such as AGCO, Hyundai, Kenworth, Kobelco, MAN, Peterbilt, Scania and Volvo; and suppliers to these manufacturers, such as Cummins, Denso and Magna Steyr. The company is also beginning to explore other markets in which it believes the capabilities of PowerFLOW have broad application, such as the aerospace, oil and gas production, chemical processing, architecture, engineering and construction, power generation, biomedical and electronics industries. The company sells its products and services primarily through direct sales force, including sales executives and applications engineering teams deployed near its customers in the United States, Europe, Japan and Korea, through distributors in China and India and through a sales agent in Brazil. The company’s sources of revenue come from License revenue as well as from project revenue. Its revenues mainly consist of subscription fees for access to simulation solutions under annual, usage-based licenses. The primary driver of its license revenue is its core product, PowerFLOW, which is an innovative software solution for simulating complex fluid flow problems, including aerodynamics, thermal management, and aeroacoustics. It also derives revenue from fees for project-based services, which it perfo

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.