Bosun Asset Management LLC Makes New Investment in MYT Netherlands Parent B.V. $MYTE

Key Points

• Bosun Asset Management LLC has made a new investment in MYT Netherlands Parent B.V., acquiring 27,396 shares valued at approximately $207,000.
• Other institutional investors have also increased their stakes, with notable purchases by Bank of America Corp DE and Millennium Management LLC in the last quarter.
• As of the latest update, MYT Netherlands Parent B.V. has a market capitalization of $785 million and operates a luxury e-commerce platform through its subsidiary, Mytheresa Group GmbH.

Bosun Asset Management LLC bought a new position in shares of MYT Netherlands Parent B.V. (NYSE:MYTE - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 27,396 shares of the company's stock, valued at approximately $207,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MYTE. BNP Paribas Financial Markets purchased a new position in shares of MYT Netherlands Parent B.V. during the 4th quarter worth approximately $106,000. Bank of America Corp DE grew its holdings in shares of MYT Netherlands Parent B.V. by 9,153.3% during the 4th quarter. Bank of America Corp DE now owns 4,164 shares of the company's stock worth $30,000 after acquiring an additional 4,119 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of MYT Netherlands Parent B.V. during the 4th quarter worth approximately $204,000. Millennium Management LLC purchased a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter worth approximately $546,000. Finally, Two Sigma Investments LP purchased a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter worth approximately $157,000. Hedge funds and other institutional investors own 10.07% of the company's stock.

MYT Netherlands Parent B.V. Stock Performance

MYT Netherlands Parent B.V. stock opened at $9.16 on Friday. The company has a quick ratio of 0.22, a current ratio of 1.78 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $785.00 million, a P/E ratio of -21.30 and a beta of 1.08. The stock's 50 day moving average is $8.07 and its 200 day moving average is $8.45. MYT Netherlands Parent B.V. has a twelve month low of $3.22 and a twelve month high of $12.50.

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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