Today’s 13GD Filing: Fidelity Non-Profit Management Foundation Just Opened Huge Exa Corp Position

Today's 13GD Filing: Fidelity Non Profit Management Foundation Just Opened Huge Exa Corp Position

The New Fidelity Non-Profit Management Foundation Holding in Exa Corp

Fidelity Non-Profit Management Foundation filed with the SEC SC 13G form for Exa Corp. The form can be accessed here: 000119312516733952. As reported in Fidelity Non-Profit Management Foundation’s form, the filler as of late owns 14.2% or 2,105,640 shares of the Information Technology–company.

Exa Corp stake is a new one for the and it was filed because of activity on September 30, 2016. We feel this shows Fidelity Non-Profit Management Foundation’s positive view for the stock.

Exa Corp Institutional Sentiment

Latest Security and Exchange filings show 41 investors own Exa Corp. The institutional ownership in Q3 2015 is low, at 95.43% of the outstanding shares. This is increased by 5036666 the total institutional shares. 14143308 were the shares owned by these institutional investors. In total 4 funds opened new Exa Corp stakes, 17 increased stakes. There were 5 that closed positions and 9 reduced them.

Lapides Asset Management Llc is an institutional investor bullish on Exa Corp, owning 72400 shares as of Q3 2015 for 0.13% of its portfolio. Conestoga Capital Advisors Llc owns 1124187 shares or 0.93% of its portfolio. CA Osmium Partners Llc have 2.72% of their stock portfolio for 228712 shares. Further, Murphy Michael R reported stake worth 0.69% of its US stock portfolio. The CA Golden Gate Private Equity Inc owns 87100 shares. Exa Corp is 0.40% of the manager’s US portfolio.

Business Profile

Exa Corporation develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers. Its product, PowerFLOW, is a software solution for simulating fluid flow problems, including aerodynamics, thermal management and aeroacoustics, or wind noise. PowerFLOW uses its Digital Physics technology that enables it to predict fluid flows. PowerFLOW directly simulates unpredictable turbulent scales. The PowerFLOW software suite includes the simulation engine and grid generation engine, along with pre- and post-processing software products. The software is delivered in client/server architecture, or through its cloud-based offering, ExaCLOUD. With the ExaCLOUD solution, various client features and functions are accessed through a Web browser.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 2 in Q2 2016. Its down 0.14, from 2.14 in 2016Q1. The ratio turned negative, as 9 funds sold all Exa Corp shares owned while 12 reduced positions. 26 funds bought stakes while 16 increased positions. They now own 11.17 million shares or 5.56% more from 10.58 million shares in 2016Q1.

Walleye Trading Limited Liability Com, a Minnesota-based fund reported 3,900 shares. Springbok Cap Management Ltd last reported 0% of its portfolio in the stock. Wells Fargo & Company Mn last reported 0% of its portfolio in the stock. Nationwide Fund Advsr accumulated 0% or 8,758 shares. The Virginia-based Redmond Asset Mgmt Ltd has invested 0.13% in Exa Corp (NASDAQ:EXA). The Minnesota-based Ameriprise Finance has invested 0% in Exa Corp (NASDAQ:EXA). Moreover, Blackrock Institutional Tru Na has 0% invested in Exa Corp (NASDAQ:EXA) for 425,798 shares. Blackrock Japan, a Japan-based fund reported 1,956 shares. Capital Rech Global Investors accumulated 720,000 shares or 0% of the stock. Blackrock Group Inc Ltd holds 0% of its portfolio in Exa Corp (NASDAQ:EXA) for 7,845 shares. Eam Invsts Ltd Co holds 0.26% or 117,924 shares in its portfolio. Tiaa Cref Invest Mngmt Ltd Company owns 47,090 shares or 0% of their US portfolio. Lapides Asset Mngmt Ltd last reported 0.19% of its portfolio in the stock. Jacobs Levy Equity Management holds 0.01% or 26,884 shares in its portfolio. Blackrock Inv Mgmt last reported 51,845 shares in the company.

Insider Transactions: Since May 2, 2016, the stock had 0 buys, and 7 selling transactions for $373,825 net activity. Remondi Stephen A. sold 4,001 shares worth $46,091. Another trade for 2,000 shares valued at $28,735 was made by SHIELDS JOHN J on Thursday, July 28.

The stock decreased 1.20% or $0.18 during the last trading session, hitting $14.77. About 48,085 shares traded hands. Exa Corp (NASDAQ:EXA) has risen 40.24% since March 4, 2016 and is uptrending. It has outperformed by 32.20% the S&P500.

Exa Corporation develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The company has a market cap of $201.27 million. The Firm focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers. It currently has negative earnings. The Company’s product, PowerFLOW, is a software solution for simulating fluid flow problems, including aerodynamics, thermal management and aeroacoustics, or wind noise.

Exa Corp (NASDAQ:EXA) Ratings Coverage

Out of 2 analysts covering Exa (NASDAQ:EXA), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $18 is the highest target while $13 is the lowest. The $17.25 average target is 16.79% above today’s ($14.77) stock price. Exa has been the topic of 3 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, September 2. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, August 30. The firm has “Buy” rating given on Tuesday, August 30 by Needham.

More important recent Exa Corp (NASDAQ:EXA) news were published by: Bostonglobe.com which released: “Exa Corp. shares jump as investor urges company’s sale” on September 25, 2014, also Seekingalpha.com published article titled: “Exa Corp: A Hidden Gem With Insider And Hedge Fund Buys (EXA)”, Seekingalpha.com published: “Exa Corp., Growth Will Drive Past Expectations” on January 26, 2015. More interesting news about Exa Corp (NASDAQ:EXA) was released by: Reuters.com and their article: “Exa Corp prices IPO below expected range-underwriter” with publication date: June 27, 2012.

According to Zacks Investment Research, “Exa Corporation develops, markets, sells, and supports software products, and provides professional services for simulation-driven design. The Company offers PowerFLOW(R) simulation engine, automatic fluid grid generation engine, mesh preparation, advanced simulation analysis, and rapid design geometry modification products. The company’s software suite includes PowerDELTA, PowerCASE, PowerCLAY, PowerTHERM, PowerCOOL, PowerINSIGHT, PowerVIZ and PowerACOUSTICS. Its products are used in various applications, including aerodynamics, thermal management, aeroacoustics, climate control, and powertrain. . Exa Corporation is headquartered in Burlington, Massachusetts.”

EXA Company Profile

Exa Corporation, incorporated on March 18, 1998, develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The Firm focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers. The Company’s product, PowerFLOW, is a software solution for simulating fluid flow problems, including aerodynamics, thermal management and aeroacoustics, or wind noise. PowerFLOW uses its Digital Physics technology that enables it to predict fluid flows. PowerFLOW directly simulates unpredictable turbulent scales. The PowerFLOW software suite includes the simulation engine and grid generation engine, along with pre- and post-processing software products. The software is delivered in client/server architecture, or through its cloud offering, ExaCLOUD. With the ExaCLOUD solution, various client features and functions are accessed through a Web browser, and all of the computational intensive processes are run in its hosted computing environment.

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