Kapitalo Investimentos Ltda Buys Shares of 1,100,000 Eve Holding, Inc. $EVEX

Key Points

• Kapitalo Investimentos acquired 1.1 million shares of Eve Holding, valued at approximately $2.76 million, representing about 0.32% of the company.
• Analyst sentiment is mixed but leans positive: EVE has a “Moderate Buy” consensus rating and an average price target of $5.93, compared with its recent price of $2.44.
• EVE’s shares have traded between $2.10 and $5.16 over the past year, while the company reported a quarterly loss of $0.10 per share—better than the $0.18 loss analysts expected.

Kapitalo Investimentos Ltda bought a new stake in shares of Eve Holding, Inc. (NYSE:EVEX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,100,000 shares of the company's stock, valued at approximately $2,761,000. Kapitalo Investimentos Ltda owned about 0.32% of EVE at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. R Squared Ltd bought a new stake in shares of EVE in the 1st quarter worth approximately $30,000. Themes Management Co LLC acquired a new stake in EVE in the first quarter worth $30,000. Pallas Capital Advisors LLC bought a new stake in EVE in the second quarter valued at $30,000. Deltec Asset Management LLC bought a new stake in EVE in the first quarter valued at $33,000. Finally, BNP Paribas Financial Markets lifted its stake in EVE by 144.8% in the second quarter. BNP Paribas Financial Markets now owns 5,276 shares of the company's stock valued at $36,000 after buying an additional 3,121 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of EVE from $6.00 to $6.50 and gave the stock an "overweight" rating in a research report on Wednesday, August 12th. Jefferies Financial Group set a $5.00 price objective on shares of EVE in a research report on Wednesday, August 5th. Weiss Ratings reissued a "sell (e+)" rating on shares of EVE in a research note on Tuesday, July 21st. Wall Street Zen upgraded shares of EVE from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 8th. Finally, D. Boral Capital assumed coverage on shares of EVE in a research note on Friday, August 21st. They issued a "buy" rating and a $6.00 price target on the stock. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, EVE has an average rating of "Moderate Buy" and a consensus target price of $5.93.

EVE Trading Down 1.4%

NYSE:EVEX opened at $2.44 on Wednesday. The stock has a market cap of $852.06 million, a price-to-earnings ratio of -3.94 and a beta of 1.14. The company has a debt-to-equity ratio of 13.65, a quick ratio of 3.48 and a current ratio of 3.48. Eve Holding, Inc. has a 1 year low of $2.10 and a 1 year high of $5.16. The business has a fifty day moving average of $2.55 and a 200-day moving average of $2.78.

EVE (NYSE:EVEX - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.08. Equities analysts predict that Eve Holding, Inc. will post -0.69 earnings per share for the current year.

About EVE

Eve Holding, Inc NYSE: EVEX is the publicly traded parent of Eve Air Mobility, a company dedicated to developing sustainable urban air mobility solutions. Through its engineering and design capabilities, Eve focuses on creating electric vertical takeoff and landing (eVTOL) aircraft tailored for short-haul passenger and cargo transport in densely populated areas.

The company’s flagship offering is an eVTOL aircraft designed to deliver clean, quiet and efficient point-to-point service, backed by an integrated digital platform for air traffic management.

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