Jacobs Levy Equity Management Inc. acquired a new position in shares of E2open Parent Holdings, Inc. (NYSE:ETWO - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,442,108 shares of the company's stock, valued at approximately $6,360,000. Jacobs Levy Equity Management Inc. owned 0.42% of E2open Parent as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in ETWO. Innealta Capital LLC bought a new stake in shares of E2open Parent during the second quarter worth approximately $34,000. nVerses Capital LLC bought a new stake in shares of E2open Parent during the second quarter worth approximately $48,000. Canada Pension Plan Investment Board bought a new stake in shares of E2open Parent during the second quarter worth approximately $50,000. MQS Management LLC bought a new stake in shares of E2open Parent during the third quarter worth approximately $57,000. Finally, Dark Forest Capital Management LP bought a new stake in shares of E2open Parent during the second quarter worth approximately $98,000.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut their price target on E2open Parent from $4.00 to $3.50 and set a "neutral" rating for the company in a research note on Friday, October 11th.
View Our Latest Stock Report on ETWO
E2open Parent Price Performance
Shares of ETWO stock traded down $0.01 during trading on Friday, hitting $3.12. The company had a trading volume of 582,974 shares, compared to its average volume of 1,974,063. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market capitalization of $1.07 billion, a P/E ratio of -1.22, a price-to-earnings-growth ratio of 1.23 and a beta of 0.98. The stock's 50-day moving average price is $3.29 and its 200 day moving average price is $4.04. E2open Parent Holdings, Inc. has a one year low of $2.89 and a one year high of $5.07.
E2open Parent (NYSE:ETWO - Get Free Report) last released its earnings results on Wednesday, October 9th. The company reported $0.05 earnings per share 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 firm had revenue of $152.19 million during the quarter, compared to analysts' expectations of $152.33 million. Equities analysts expect that E2open Parent Holdings, Inc. will post 0.19 EPS for the current fiscal year.
About E2open Parent
(
Free Report)
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.
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