606,927 Endava PLC Sponsored ADR $DAVA Shares Purchased by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. increased its position in shares of Endava PLC Sponsored ADR (NYSE:DAVA) by 19.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,807,848 shares of the company’s stock after acquiring an additional 606,927 shares during the period. Prescott Group Capital Management L.L.C. owned approximately 0.07% of Endava worth $6,816,000 as of its most recent SEC filing.

Separately, Barometer Capital Management Inc. lifted its holdings in shares of Endava by 32.5% during the 1st quarter. Barometer Capital Management Inc. now owns 106,300 shares of the company’s stock valued at $470,000 after purchasing an additional 26,080 shares during the last quarter. 62.23% of the stock is owned by hedge funds and other institutional investors.

Endava Trading Up 3.4%

NYSE DAVA opened at $1.63 on Wednesday. The company has a fifty day simple moving average of $2.33 and a two-hundred day simple moving average of $3.63. The stock has a market cap of $91.85 million, a P/E ratio of 5.45 and a beta of 1.07. Endava PLC Sponsored ADR has a 12-month low of $1.52 and a 12-month high of $9.47. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.13.

Endava News Summary

Here are the key news stories impacting Endava this week:

• Neutral Sentiment: Endava appointed long-time insider Rob Machin as interim CEO. His 26 years at the company may offer continuity during a leadership transition, though the appointment does not resolve the broader concerns raised in recent coverage. Endava Turns to 26-Year Insider Rob Machin as Interim CEO
• Negative Sentiment: Several law firms publicized an existing securities class action against Endava. The suit alleges investors were misled during September 4, 2025–September 21, 2026, and follows a sharp share-price decline after the company disclosed management and potential accounting issues. The allegations have not been proven; the lead-plaintiff deadline is November 30, 2026. Repeated law-firm alerts largely reflect the same case, but the litigation adds reputational and potential legal-cost risks. Endava Securities Class Action Alert

Analysts Set New Price Targets

A number of analysts have recently weighed in on DAVA shares. Needham & Company LLC dropped coverage on Endava in a research report on Monday, October 12th. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Endava in a research report on Tuesday, September 8th. Zacks Research upgraded Endava from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. TD Cowen reiterated a “hold” rating and issued a $3.50 price target on shares of Endava in a research note on Tuesday, September 22nd. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Endava from $3.00 to $2.00 and set a “hold” rating for the company in a report on Tuesday, September 22nd. Five equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $5.42.

About Endava

Endava plc (NYSE: DAVA) is a technology services company that helps organizations design, develop and modernize digital products, platforms and business processes. Its services include technology consulting, software engineering, cloud and infrastructure solutions, data and analytics, artificial intelligence, digital product development, and quality assurance and testing.

The company works with clients across industries including payments, banking and capital markets, insurance, telecommunications, media and technology, healthcare, mobility, and consumer products.