Zevenbergen Capital Investments LLC Increased Its 2U INC (TWOU) Stake by $9.55 Million

2U, Inc. (NASDAQ:TWOU) Corporate Logo

Zevenbergen Capital Investments Llc’s holdings in 2U Inc. (TWOU) is increased by 11.7% based on its latest 2018Q2 regulatory filing with the SEC. The company’s stock declined 12.76% while stock markets rallied as Zevenbergen Capital Investments Llc bought 115,020 shares. The institutional investor is holding 1.10M shares, compared to the 982,675 from the previous quarter. And the announced value of the technology company is $91.72M for the 2018Q2. 2U Inc. has $3.11 billion market cap. Ticker’s shares touched $54.21 during the last trading session after 1.49% change.2U, Inc. has volume of 632,754 shares. Since November 10, 2017 TWOU has risen 58.61% and is uptrending. The stock outperformed the S&P500 by 42.99%.

Zevenbergen Capital Investments Llc decreased its stake in Adobe Systems Incorporated (NASDAQ:ADBE) by 52,840 shares to 213,300 shares, valued at $52.01M in 2018Q2, according to the filing. It operates about $2.92B and $3.01 billion US Long portfolio. Zevenbergen Capital Investments Llc has cut its stake in Netflix Inc. (NASDAQ:NFLX) and also reduced its holding in Regeneron Pharmaceuticals Inc (NASDAQ:REGN) by 49,850 shares in the quarter, for a total of 74,197 shares.

A couple more 2U, Inc. (NASDAQ:TWOU) news were published by: Fool.com which released on November 06, 2018 “2U Carves Out Its Path to $1 Billion”, also Seekingalpha.com on November 06, 2018 published “2U: The Correction Was Long Overdue”, the next Seekingalpha.com is “2U reports Q3 beats, in-line guidance” on November 05, 2018. Fool.com has article titled “About to Buy Penny Stocks? Look at These 3 Companies First”.

2U, Inc. (NASDAQ:TWOU) Ratings Coverage

Total analysts of 6 have positions in 2U (NASDAQ:TWOU) as follows: 5 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 83%. Since June 4, 2018 according to StockzIntelligence Inc 2U has 7 analyst reports. The company rating was maintained by BMO Capital Markets on Tuesday, November 6. In Tuesday, November 6 report KeyBanc Capital Markets maintained the stock with “Overweight” rating. On Tuesday, November 6 the stock of 2U, Inc. (NASDAQ:TWOU) earned “Outperform” rating by Credit Suisse. On Monday, June 4 the stock of 2U, Inc. (NASDAQ:TWOU) earned “Outperform” rating by BMO Capital Markets.

2U, Inc. (NASDAQ:TWOU) Analyst Ratings Chart

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