Empowered Funds LLC increased its stake in shares of E2open Parent Holdings, Inc. (NYSE:ETWO – Free Report) by 8.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 668,267 shares of the company’s stock after acquiring an additional 50,587 shares during the period. Empowered Funds LLC owned about 0.20% of E2open Parent worth $2,967,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. raised its stake in shares of E2open Parent by 22.6% during the 4th quarter. Victory Capital Management Inc. now owns 32,267 shares of the company’s stock worth $142,000 after purchasing an additional 5,943 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in E2open Parent during the fourth quarter worth $55,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in E2open Parent by 52.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,394 shares of the company’s stock worth $164,000 after acquiring an additional 12,930 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new stake in E2open Parent in the fourth quarter valued at $57,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of E2open Parent by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,340,465 shares of the company’s stock valued at $5,885,000 after acquiring an additional 18,821 shares during the period.
E2open Parent Stock Performance
Shares of ETWO stock opened at $4.34 on Friday. E2open Parent Holdings, Inc. has a 52 week low of $2.15 and a 52 week high of $5.39. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -1.68, a PEG ratio of 1.37 and a beta of 0.92. The company has a 50-day simple moving average of $4.63 and a 200 day simple moving average of $4.30. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.00 and a current ratio of 1.00.
Analyst Ratings Changes
A number of brokerages have recently issued reports on ETWO. UBS Group dropped their target price on shares of E2open Parent from $4.50 to $4.20 and set a “neutral” rating on the stock in a report on Thursday. The Goldman Sachs Group dropped their price objective on E2open Parent from $4.50 to $4.00 and set a “neutral” rating on the stock in a research note on Thursday.
Read Our Latest Research Report on ETWO
About E2open Parent
E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management and orchestration SaaS platform in the Americas, Europe, and the Asia Pacific. Its SaaS platform includes various key strategic and operational areas, including omni-channel, demand sensing, supply planning, global trade management, transportation and logistics and manufacturing and supply management.
Read More
- Five stocks we like better than E2open Parent
- Transportation Stocks Investing
- Top 3 Defense Stocks That Should Be on Your Radar
- Conference Calls and Individual Investors
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
- What Are Dividend Achievers? An Introduction
- MarketBeat Week in Review – 7/8 – 7/12
Want to see what other hedge funds are holding ETWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for E2open Parent Holdings, Inc. (NYSE:ETWO – Free Report).
Receive News & Ratings for E2open Parent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E2open Parent and related companies with MarketBeat.com's FREE daily email newsletter.