Ermenegildo Zegna (NYSE:ZGN) Shares Acquired by nVerses Capital LLC

nVerses Capital LLC boosted its holdings in Ermenegildo Zegna (NYSE:ZGN) by 525.0% during the second quarter, HoldingsChannel reports. The fund owned 2,500 shares of the company’s stock after buying an additional 2,100 shares during the period. nVerses Capital LLC’s holdings in Ermenegildo Zegna were worth $30,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Quadrature Capital Ltd lifted its stake in Ermenegildo Zegna by 49.7% during the fourth quarter. Quadrature Capital Ltd now owns 38,579 shares of the company’s stock worth $446,000 after purchasing an additional 12,805 shares in the last quarter. Jump Financial LLC increased its position in shares of Ermenegildo Zegna by 30.4% during the fourth quarter. Jump Financial LLC now owns 58,167 shares of the company’s stock worth $673,000 after acquiring an additional 13,567 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Ermenegildo Zegna during the fourth quarter worth $264,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Ermenegildo Zegna during the first quarter worth $353,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of Ermenegildo Zegna during the first quarter worth $563,000. 12.91% of the stock is currently owned by institutional investors and hedge funds.

Ermenegildo Zegna Stock Up 0.7 %

Ermenegildo Zegna stock opened at $10.25 on Friday. Ermenegildo Zegna has a twelve month low of $10.00 and a twelve month high of $15.26. The stock’s fifty day simple moving average is $10.78 and its 200-day simple moving average is $12.21. The company has a current ratio of 1.27, a quick ratio of 0.76 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $4.15 billion, a P/E ratio of 16.02, a P/E/G ratio of 2.22 and a beta of 0.63.

Ermenegildo Zegna Company Profile

Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear, footwear, leather goods, and other accessories under the Zegna and the Thom Browne brands. It provides luxury leisurewear for men; formal suits, tuxedos, shirts, blazers, formal overcoats, and accessories; leather accessories comprising shoes, bags, belts, and small leather accessories; and fragrances.