Cubist Systematic Strategies LLC acquired a new stake in MYT Netherlands Parent B.V. (NYSE:MYTE - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 28,692 shares of the company's stock, valued at approximately $204,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in MYTE. DJE Kapital AG bought a new stake in shares of MYT Netherlands Parent B.V. during the fourth quarter worth $15,667,000. Capricorn Fund Managers Ltd bought a new stake in MYT Netherlands Parent B.V. in the fourth quarter valued at about $4,225,000. CastleKnight Management LP increased its holdings in MYT Netherlands Parent B.V. by 286.8% in the fourth quarter. CastleKnight Management LP now owns 652,141 shares of the company's stock valued at $4,630,000 after purchasing an additional 483,541 shares during the last quarter. MYDA Advisors LLC bought a new stake in MYT Netherlands Parent B.V. in the fourth quarter valued at about $1,598,000. Finally, Boothbay Fund Management LLC bought a new stake in MYT Netherlands Parent B.V. in the fourth quarter valued at about $729,000. Institutional investors own 10.07% of the company's stock.
MYT Netherlands Parent B.V. Trading Down 2.0%
NYSE MYTE opened at $9.54 on Monday. The stock has a 50-day simple moving average of $7.88 and a 200 day simple moving average of $8.13. The company has a market capitalization of $817.57 million, a PE ratio of -22.19 and a beta of 1.08. The company has a current ratio of 1.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.09. MYT Netherlands Parent B.V. has a 12 month low of $3.22 and a 12 month high of $12.50.
Wall Street Analyst Weigh In
Separately, TD Cowen upgraded MYT Netherlands Parent B.V. from a "hold" rating to a "buy" rating and upped their price objective for the company from $13.00 to $14.00 in a report on Monday, March 3rd.
View Our Latest Report on MYT Netherlands Parent B.V.
MYT Netherlands Parent B.V. Company Profile
(
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.
Featured Stories
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