TaskUs, Inc. (NASDAQ:TASK – Get Free Report) insider Jarrod Johnson sold 15,460 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $13.25, for a total value of $204,845.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
TaskUs Stock Up 0.6 %
TaskUs stock traded up $0.08 during mid-day trading on Thursday, hitting $13.22. The company’s stock had a trading volume of 269,899 shares, compared to its average volume of 387,691. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.02 and a quick ratio of 3.02. TaskUs, Inc. has a 52-week low of $10.56 and a 52-week high of $19.60. The firm’s 50 day moving average is $15.48 and its 200 day moving average is $14.49. The company has a market cap of $1.18 billion, a PE ratio of 22.41, a price-to-earnings-growth ratio of 3.92 and a beta of 2.24.
TaskUs (NASDAQ:TASK – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.12). TaskUs had a return on equity of 17.73% and a net margin of 5.58%. The company had revenue of $274.24 million for the quarter, compared to analyst estimates of $268.65 million. On average, analysts anticipate that TaskUs, Inc. will post 0.9 earnings per share for the current year.
Analysts Set New Price Targets
View Our Latest Stock Analysis on TaskUs
Hedge Funds Weigh In On TaskUs
Institutional investors and hedge funds have recently modified their holdings of the stock. Seldon Capital LP acquired a new stake in TaskUs during the third quarter valued at $5,393,000. Think Investments LP lifted its holdings in shares of TaskUs by 14.5% during the 4th quarter. Think Investments LP now owns 2,881,513 shares of the company’s stock valued at $48,813,000 after buying an additional 364,608 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of TaskUs by 217.0% in the 4th quarter. SG Americas Securities LLC now owns 350,719 shares of the company’s stock valued at $5,941,000 after buying an additional 240,093 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in TaskUs by 47.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 263,734 shares of the company’s stock worth $3,407,000 after buying an additional 84,988 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in TaskUs during the third quarter valued at approximately $1,006,000. 44.64% of the stock is currently owned by hedge funds and other institutional investors.
TaskUs Company Profile
TaskUs, Inc provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions.
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