Edgewater Technology Inc. (NASDAQ:EDGW) Director Frederick D. Disanto bought 40,665 shares of Edgewater Technology stock in a transaction on Thursday, September 20th. The shares were purchased at an average cost of $5.16 per share, with a total value of $209,831.40. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of Edgewater Technology stock opened at $5.10 on Monday. Edgewater Technology Inc. has a 12 month low of $4.25 and a 12 month high of $7.30.

Several institutional investors have recently made changes to their positions in the business. Ariel Investments LLC grew its position in shares of Edgewater Technology by 22.0% in the second quarter. Ariel Investments LLC now owns 2,789,490 shares of the information technology services provider’s stock valued at $15,119,000 after purchasing an additional 503,110 shares in the last quarter. K2 Principal Fund L.P. grew its position in shares of Edgewater Technology by 15.9% in the second quarter. K2 Principal Fund L.P. now owns 348,345 shares of the information technology services provider’s stock valued at $1,888,000 after purchasing an additional 47,821 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Edgewater Technology by 55.4% in the first quarter. Prudential Financial Inc. now owns 52,200 shares of the information technology services provider’s stock valued at $290,000 after purchasing an additional 18,600 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Edgewater Technology by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,017,345 shares of the information technology services provider’s stock valued at $5,646,000 after purchasing an additional 14,985 shares in the last quarter. 71.43% of the stock is owned by institutional investors and hedge funds.

Edgewater Technology Company Profile

Edgewater Technology, Inc provides business and technology services, and channel-based solutions in the United States, Canada, and internationally. It offers digital transformation; CFO/CIO advisory; business improvement roadmaps; organizational change management; program/project management; business process rejuvenation and integrated social media practices; specialized operational, due diligence, and technology management services to mergers and acquisitions, private equity, and venture capital; and strategic advice, costing, estimates to complete, and failing or failed programs or project initiatives.

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