MYDA Advisors LLC bought a new position in shares of MYT Netherlands Parent B.V. (NYSE:MYTE - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 225,000 shares of the company's stock, valued at approximately $1,598,000. MYDA Advisors LLC owned approximately 0.26% of MYT Netherlands Parent B.V. as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. DJE Kapital AG purchased a new stake in MYT Netherlands Parent B.V. during the fourth quarter worth about $15,667,000. Portolan Capital Management LLC boosted its stake in shares of MYT Netherlands Parent B.V. by 5.4% during the 4th quarter. Portolan Capital Management LLC now owns 1,903,285 shares of the company's stock worth $13,513,000 after acquiring an additional 97,527 shares in the last quarter. Capricorn Fund Managers Ltd purchased a new stake in shares of MYT Netherlands Parent B.V. during the 4th quarter worth approximately $4,225,000. Walleye Capital LLC acquired a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter worth approximately $256,000. Finally, Coronation Fund Managers Ltd. purchased a new position in MYT Netherlands Parent B.V. in the 4th quarter valued at approximately $124,000. 10.07% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, TD Cowen raised MYT Netherlands Parent B.V. from a "hold" rating to a "buy" rating and upped their target price for the company from $13.00 to $14.00 in a report on Monday, March 3rd.
Get Our Latest Stock Report on MYT Netherlands Parent B.V.
MYT Netherlands Parent B.V. Price Performance
MYTE stock traded down $0.44 during trading on Friday, hitting $8.02. The stock had a trading volume of 104,339 shares, compared to its average volume of 193,202. MYT Netherlands Parent B.V. has a 1-year low of $3.22 and a 1-year high of $12.50. The stock has a market cap of $686.88 million, a price-to-earnings ratio of -18.73 and a beta of 1.08. The company's 50 day moving average price is $8.69 and its two-hundred day moving average price is $8.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.22 and a current ratio of 1.78.
MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.10. MYT Netherlands Parent B.V. had a negative return on equity of 5.88% and a negative net margin of 3.98%. On average, sell-side analysts forecast that MYT Netherlands Parent B.V. will post -0.39 EPS for the current fiscal year.
MYT Netherlands Parent B.V. Profile
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Free Report)
MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.
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