Barclays PLC Acquires 240,858 Shares of E2open Parent Holdings, Inc. (NYSE:ETWO)

Barclays PLC boosted its holdings in E2open Parent Holdings, Inc. (NYSE:ETWO - Free Report) by 384.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 303,515 shares of the company's stock after buying an additional 240,858 shares during the quarter. Barclays PLC owned 0.09% of E2open Parent worth $1,338,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ETWO. Bank of New York Mellon Corp increased its stake in E2open Parent by 7.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 798,741 shares of the company's stock worth $3,586,000 after purchasing an additional 55,315 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of E2open Parent by 15.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 43,248 shares of the company's stock worth $194,000 after acquiring an additional 5,854 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of E2open Parent during the second quarter valued at approximately $48,000. American Century Companies Inc. purchased a new stake in shares of E2open Parent in the 2nd quarter valued at approximately $353,000. Finally, Dimensional Fund Advisors LP boosted its stake in E2open Parent by 23.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,801,601 shares of the company's stock worth $30,537,000 after purchasing an additional 1,272,370 shares during the period.

Analysts Set New Price Targets

ETWO has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered E2open Parent from a "neutral" rating to a "sell" rating and reduced their target price for the company from $3.50 to $2.90 in a report on Wednesday, December 11th. Loop Capital reduced their price objective on E2open Parent from $4.00 to $3.00 and set a "hold" rating for the company in a research note on Monday, December 23rd.

E2open Parent Stock Down 2.9 %

ETWO stock traded down $0.08 during midday trading on Friday, reaching $2.65. The company had a trading volume of 937,665 shares, compared to its average volume of 1,928,555. The company has a 50 day moving average of $3.02 and a two-hundred day moving average of $3.83. The company has a market capitalization of $908.07 million, a P/E ratio of -1.03, a PEG ratio of 1.16 and a beta of 0.98. E2open Parent Holdings, Inc. has a 1 year low of $2.52 and a 1 year high of $5.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.67.

E2open Parent (NYSE:ETWO - Get Free Report) last announced its quarterly earnings data on Wednesday, October 9th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05. E2open Parent had a positive return on equity of 3.92% and a negative net margin of 125.70%. The business had revenue of $152.19 million during the quarter, compared to analyst estimates of $152.33 million. On average, equities research analysts expect that E2open Parent Holdings, Inc. will post 0.19 earnings per share for the current fiscal year.

E2open Parent Profile

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.