Endava PLC Sponsored ADR $DAVA Shares Purchased by CDAM UK Ltd

CDAM UK Ltd increased its position in shares of Endava PLC Sponsored ADR (NYSE:DAVA) by 28.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,979,658 shares of the company’s stock after purchasing an additional 655,078 shares during the period. Endava accounts for approximately 3.4% of CDAM UK Ltd’s portfolio, making the stock its 11th largest position. CDAM UK Ltd owned 0.05% of Endava worth $18,831,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Invesco Ltd. grew its stake in shares of Endava by 6.4% during the second quarter. Invesco Ltd. now owns 3,661,123 shares of the company’s stock worth $56,088,000 after purchasing an additional 220,465 shares in the last quarter. Paradice Investment Management LLC grew its stake in shares of Endava by 61.9% during the fourth quarter. Paradice Investment Management LLC now owns 3,029,847 shares of the company’s stock worth $19,149,000 after purchasing an additional 1,157,921 shares in the last quarter. Prescott Group Capital Management L.L.C. grew its stake in shares of Endava by 32.1% during the fourth quarter. Prescott Group Capital Management L.L.C. now owns 1,606,324 shares of the company’s stock worth $10,152,000 after purchasing an additional 389,970 shares in the last quarter. UBS Group AG grew its stake in shares of Endava by 128.4% during the third quarter. UBS Group AG now owns 756,082 shares of the company’s stock worth $6,880,000 after purchasing an additional 425,106 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Endava by 16.0% during the third quarter. Sei Investments Co. now owns 312,847 shares of the company’s stock worth $2,847,000 after purchasing an additional 43,122 shares in the last quarter. Institutional investors and hedge funds own 62.23% of the company’s stock.

Endava Stock Performance

NYSE DAVA opened at $2.91 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.07 and a quick ratio of 2.07. Endava PLC Sponsored ADR has a 1 year low of $2.67 and a 1 year high of $16.10. The company has a market capitalization of $163.29 million, a PE ratio of -0.28 and a beta of 1.05. The company has a fifty day moving average of $3.87 and a two-hundred day moving average of $5.15.

Endava (NYSE:DAVA) last released its quarterly earnings data on Thursday, May 21st. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.20). Endava had a negative net margin of 57.01% and a positive return on equity of 2.58%. The company had revenue of $236.44 million during the quarter, compared to analyst estimates of $242.79 million. Endava has set its Q4 2026 guidance at 0.120-0.180 EPS and its FY 2026 guidance at 0.610-0.660 EPS. As a group, analysts expect that Endava PLC Sponsored ADR will post 0.21 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Weiss Ratings downgraded shares of Endava from a “sell (d)” rating to a “sell (e+)” rating in a research note on Thursday. TD Cowen restated a “buy” rating on shares of Endava in a research note on Friday, May 22nd. CLSA set a $5.00 price objective on shares of Endava in a research note on Friday, May 22nd. Guggenheim downgraded shares of Endava from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 27th. Finally, Zacks Research downgraded shares of Endava from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $7.43.

About Endava

Endava PLC is a publicly traded technology services company specializing in digital transformation and agile software development. The firm helps enterprise clients design, build and manage custom software solutions across industries such as financial services, payments, retail, telecommunications and media. Its service offerings span end-to-end product design, customer experience, application development, quality engineering, DevOps, automation and artificial intelligence, all delivered through agile methodologies.

Founded in 2000, Endava has grown from a small software provider into a global IT partner.