American Century Companies Inc. bought a new position in QAD Inc. (NASDAQ:QADA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 20,234 shares of the software maker’s stock, valued at approximately $786,000.
Several other large investors have also recently made changes to their positions in QADA. Schwab Charles Investment Management Inc. raised its position in shares of QAD by 44.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 20,400 shares of the software maker’s stock worth $654,000 after acquiring an additional 6,300 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of QAD by 11.5% in the 2nd quarter. Wells Fargo & Company MN now owns 7,746 shares of the software maker’s stock worth $248,000 after acquiring an additional 796 shares in the last quarter. Teachers Advisors LLC raised its position in shares of QAD by 16.0% in the 2nd quarter. Teachers Advisors LLC now owns 17,654 shares of the software maker’s stock worth $566,000 after acquiring an additional 2,432 shares in the last quarter. Ameriprise Financial Inc. bought a new position in QAD during the 2nd quarter valued at approximately $322,000. Finally, New York State Common Retirement Fund increased its position in QAD by 27.9% during the 2nd quarter. New York State Common Retirement Fund now owns 11,900 shares of the software maker’s stock valued at $381,000 after buying an additional 2,599 shares in the last quarter. 44.47% of the stock is owned by hedge funds and other institutional investors.
QAD Inc. (QADA) opened at $45.00 on Thursday. QAD Inc. has a 52-week low of $26.04 and a 52-week high of $47.22. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.60 and a current ratio of 1.60. The firm has a market capitalization of $892.01, a P/E ratio of -43.69 and a beta of 1.08.
QAD Inc (QAD) is a provider of vertically oriented enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. QAD Enterprise Applications enables measurement and control of business processes and supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management.
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