The average one-year price target for Sapiens International Corporation NV (NasdaqGS:SPNS) has been revised to 34.27 / share. This is an increase of 5.66% from the previous estimate of 32.44 on January 16, 2024.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 26.26 to a high of 39.90/share. The average price target represents an increase of 15.05% from the last reported closing price of 29.79 / share.
What is the Basic Sense?
There are 332 funds or institutions reporting positions in Sapiens International Corporation NV. This is an increase of 19 owner(s) or 6.07% in the last quarter. Average portfolio weight of all funds dedicated to SPNS is 0.11%, an increase of 1.93%. Total shares owned by institutions increased in the last three months by 3.08% to 19,984K shares. SPNS’s put/call ratio is 0.22, indicating a bullish outlook.
What Are Other Shareholders Doing?
Price T Rowe Associates holds 906K shares representing 1.63% ownership of the company. In its previous filing, the company reported owning 936K shares, representing decline of 3.33%. The company decreased its portfolio allocation in SPNS by 55.20% during the last quarter.
Acadian Asset Management holds 875K shares representing 1.57% ownership of the company. In its previous filing, the company reported owning 785K shares, representing an increase of 10.31%. The company increased its portfolio allocation in SPNS by 5.02% during the last quarter.
IWM – iShares Russell 2000 ETF holds 714K shares representing 1.28% ownership of the company. In its previous filing, the company reported owning 706K shares, representing an increase of 1.22%. The company increased its portfolio allocation in SPNS by 13.20% during the last quarter.
PRDSX – T. Rowe Price QM US Small-Cap Growth Equity Fund holds 673K shares representing 1.21% ownership of the company. In its previous filing, the company reported owning 688K shares, representing decline of 2.17%. The company increased its portfolio allocation in SPNS by 12.69% during the last quarter.
Renaissance Technologies holds 590K shares representing 1.06% ownership of the company. In its previous filing, the company reported owning 594K shares, representing decline of 0.61%. The company decreased its portfolio allocation in SPNS by 8.15% during the last quarter.
Sapiens International Background Information
(This description is provided by the company.)
Sapiens International Corporation NV empowers insurers to succeed in an evolving industry. The company offers digital software platforms, solutions and services for the property & casualty, life, pension & annuity, reinsurance, financial & compliance, workers’ compensation and financial markets. With over 35 years of experience delivering to more than 500 organizations worldwide, Sapiens has a proven ability to meet clients’ core, data and digital requirements.
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