1,676,878 Shares in MYT Netherlands Parent B.V. (NYSE:MYTE) Bought by Woodson Capital Management LP

Woodson Capital Management LP acquired a new position in MYT Netherlands Parent B.V. (NYSE:MYTE - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,676,878 shares of the company's stock, valued at approximately $11,906,000. MYT Netherlands Parent B.V. makes up approximately 1.9% of Woodson Capital Management LP's investment portfolio, making the stock its 19th largest position. Woodson Capital Management LP owned approximately 1.97% of MYT Netherlands Parent B.V. at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Bank of America Corp DE boosted its holdings in MYT Netherlands Parent B.V. by 9,153.3% in the fourth quarter. Bank of America Corp DE now owns 4,164 shares of the company's stock worth $30,000 after purchasing an additional 4,119 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in MYT Netherlands Parent B.V. in the fourth quarter worth $80,000. XTX Topco Ltd bought a new stake in MYT Netherlands Parent B.V. in the fourth quarter worth $96,000. BNP Paribas Financial Markets bought a new stake in MYT Netherlands Parent B.V. in the fourth quarter worth $106,000. Finally, Coronation Fund Managers Ltd. bought a new stake in MYT Netherlands Parent B.V. in the fourth quarter worth $124,000. 10.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, TD Cowen raised shares of MYT Netherlands Parent B.V. from a "hold" rating to a "buy" rating and boosted their target price for the stock from $13.00 to $14.00 in a research report on Monday, March 3rd.

MYT Netherlands Parent B.V. Stock Down 2.0%

MYT Netherlands Parent B.V. stock opened at $9.54 on Tuesday. The firm has a market cap of $817.57 million, a price-to-earnings ratio of -22.19 and a beta of 1.08. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.78 and a quick ratio of 0.22. MYT Netherlands Parent B.V. has a fifty-two week low of $3.22 and a fifty-two week high of $12.50. The firm has a fifty day moving average price of $7.89 and a two-hundred day moving average price of $8.15.

MYT Netherlands Parent B.V. Company Profile

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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