Stratos Wealth Partners LTD. decreased its position in shares of Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) by 89.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 296,189 shares of the company's stock after selling 2,525,290 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.27% of Purple Innovation worth $231,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC boosted its position in shares of Purple Innovation by 70.2% during the fourth quarter. SG Americas Securities LLC now owns 35,272 shares of the company's stock valued at $28,000 after buying an additional 14,548 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Purple Innovation by 42.5% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 58,452 shares of the company's stock valued at $58,000 after buying an additional 17,425 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Purple Innovation during the third quarter valued at approximately $70,000. Barclays PLC boosted its position in shares of Purple Innovation by 283.1% during the third quarter. Barclays PLC now owns 74,803 shares of the company's stock valued at $74,000 after buying an additional 55,275 shares during the last quarter. Finally, B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Purple Innovation during the fourth quarter valued at approximately $78,000. Institutional investors own 88.41% of the company's stock.
Purple Innovation Stock Up 1.0 %
Shares of NASDAQ:PRPL traded up $0.01 during mid-day trading on Monday, hitting $1.04. 303,059 shares of the company traded hands, compared to its average volume of 518,213. The stock has a market cap of $112.02 million, a P/E ratio of -1.04 and a beta of 2.16. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. Purple Innovation, Inc. has a 12-month low of $0.75 and a 12-month high of $2.33. The stock has a 50-day moving average price of $0.97 and a two-hundred day moving average price of $0.99.
Purple Innovation Company Profile
(
Free Report)
Purple Innovation, Inc designs and manufactures sleep and other products in the United States and internationally. The company offers mattresses, pillows, cushions, bases, sheets, platforms, adjustable bases, mattress protectors, foundations, blankets, duvets, duvet covers, seat cushions, and pet beds under the Purple brand.
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