Barclays PLC Has $1.34 Million Stock Holdings in E2open Parent Holdings, Inc. (NYSE:ETWO)

Barclays PLC raised its position in E2open Parent Holdings, Inc. (NYSE:ETWO - Free Report) by 384.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 303,515 shares of the company's stock after buying an additional 240,858 shares during the period. Barclays PLC owned 0.09% of E2open Parent worth $1,338,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can acquired a new position in E2open Parent during the 2nd quarter worth about $31,460,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of E2open Parent during the third quarter worth approximately $6,360,000. Dimensional Fund Advisors LP grew its stake in shares of E2open Parent by 23.0% during the second quarter. Dimensional Fund Advisors LP now owns 6,801,601 shares of the company's stock valued at $30,537,000 after purchasing an additional 1,272,370 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of E2open Parent by 19.1% in the third quarter. Geode Capital Management LLC now owns 4,736,328 shares of the company's stock valued at $20,892,000 after purchasing an additional 759,398 shares in the last quarter. Finally, Sea Cliff Partners Management LP raised its position in E2open Parent by 14.1% in the 2nd quarter. Sea Cliff Partners Management LP now owns 4,309,717 shares of the company's stock worth $19,351,000 after purchasing an additional 531,493 shares during the last quarter.

Analysts Set New Price Targets

A number of research analysts have commented on the company. The Goldman Sachs Group lowered E2open Parent from a "neutral" rating to a "sell" rating and decreased their price objective for the company from $3.50 to $2.90 in a research report on Wednesday, December 11th. Loop Capital decreased their price target on E2open Parent from $4.00 to $3.00 and set a "hold" rating on the stock in a report on Monday, December 23rd.

E2open Parent Price Performance

ETWO opened at $2.57 on Monday. The company has a fifty day moving average price of $2.96 and a two-hundred day moving average price of $3.71. The firm has a market capitalization of $880.66 million, a PE ratio of -1.00, a P/E/G ratio of 1.16 and a beta of 1.00. E2open Parent Holdings, Inc. has a 52 week low of $2.52 and a 52 week high of $5.07. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.03 and a current ratio of 1.03.

E2open Parent (NYSE:ETWO - Get Free Report) last announced its quarterly earnings data on Friday, January 10th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). E2open Parent had a positive return on equity of 3.92% and a negative net margin of 125.70%. As a group, analysts anticipate that E2open Parent Holdings, Inc. will post 0.19 earnings per share for the current year.

E2open Parent Company 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.