JPMorgan Chase & Co. Has $1.01 Million Stock Position in Eve Holding, Inc. (NYSE:EVEX)

JPMorgan Chase & Co. increased its stake in shares of Eve Holding, Inc. (NYSE:EVEX - Free Report) by 380.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,462 shares of the company's stock after purchasing an additional 147,632 shares during the period. JPMorgan Chase & Co. owned approximately 0.06% of EVE worth $1,014,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its holdings in EVE by 65.4% during the third quarter. Geode Capital Management LLC now owns 850,022 shares of the company's stock worth $2,754,000 after buying an additional 336,133 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in EVE by 22.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 408,274 shares of the company's stock worth $2,221,000 after acquiring an additional 75,542 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in EVE by 69.7% during the 4th quarter. Bank of New York Mellon Corp now owns 103,070 shares of the company's stock worth $561,000 after acquiring an additional 42,344 shares during the last quarter. Barclays PLC grew its holdings in EVE by 594.1% during the third quarter. Barclays PLC now owns 43,931 shares of the company's stock valued at $141,000 after purchasing an additional 37,602 shares during the period. Finally, EntryPoint Capital LLC bought a new stake in EVE in the fourth quarter valued at approximately $153,000. Institutional investors own 1.27% of the company's stock.

EVE Trading Down 5.5 %

Shares of NYSE:EVEX opened at $3.63 on Monday. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of -7.56 and a beta of 0.55. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42. Eve Holding, Inc. has a 12 month low of $2.33 and a 12 month high of $6.09. The company's fifty day simple moving average is $3.64 and its 200 day simple moving average is $4.04.

EVE (NYSE:EVEX - Get Free Report) last issued its quarterly earnings results on Friday, March 14th. The company reported ($0.14) EPS for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01. As a group, research analysts forecast that Eve Holding, Inc. will post -0.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EVEX. HC Wainwright reissued a "buy" rating and issued a $6.00 price target on shares of EVE in a report on Wednesday, March 12th. Cantor Fitzgerald reiterated an "overweight" rating and set a $5.00 target price on shares of EVE in a report on Friday, March 14th.

EVE Company Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.

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