Free Trial

Invesco Ltd. Raises Position in MYT Netherlands Parent B.V. $MYTE

MYT Netherlands Parent B.V. logo with Retail/Wholesale background

Key Points

  • Invesco Ltd. increased its stake in MYT Netherlands Parent B.V. by 6.8%, owning a total of 893,144 shares worth approximately $6,752,000 after the purchase.
  • Several other hedge funds also acquired new stakes in MYT Netherlands, contributing to institutional investors owning a total of 10.07% of the company's stock.
  • MYT Netherlands Parent B.V. operates a luxury e-commerce platform through its subsidiary, Mytheresa Group GmbH, selling a variety of fashion products online and in retail stores.
  • Five stocks we like better than MYT Netherlands Parent B.V..

Invesco Ltd. boosted its holdings in shares of MYT Netherlands Parent B.V. (NYSE:MYTE - Free Report) by 6.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 893,144 shares of the company's stock after buying an additional 56,657 shares during the quarter. Invesco Ltd. owned approximately 1.04% of MYT Netherlands Parent B.V. worth $6,752,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Woodson Capital Management LP bought a new stake in MYT Netherlands Parent B.V. during the 4th quarter valued at $11,906,000. CastleKnight Management LP lifted its stake in shares of MYT Netherlands Parent B.V. by 286.8% during the 4th quarter. CastleKnight Management LP now owns 652,141 shares of the company's stock worth $4,630,000 after purchasing an additional 483,541 shares during the last quarter. Boothbay Fund Management LLC bought a new stake in MYT Netherlands Parent B.V. during the fourth quarter valued at about $729,000. Millennium Management LLC purchased a new position in MYT Netherlands Parent B.V. in the fourth quarter valued at about $546,000. Finally, Sylebra Capital LLC raised its holdings in MYT Netherlands Parent B.V. by 1.1% in the fourth quarter. Sylebra Capital LLC now owns 3,937,022 shares of the company's stock worth $27,953,000 after purchasing an additional 41,624 shares in the last quarter. Hedge funds and other institutional investors own 10.07% of the company's stock.

MYT Netherlands Parent B.V. Stock Up 7.3%

Shares of MYTE stock traded up $0.63 during mid-day trading on Monday, hitting $9.28. 268,954 shares of the stock traded hands, compared to its average volume of 230,894. MYT Netherlands Parent B.V. has a 52-week low of $3.22 and a 52-week high of $12.50. The stock has a market cap of $795.29 million, a P/E ratio of -21.58 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. The stock's fifty day moving average is $7.99 and its two-hundred day moving average is $8.45.

About MYT Netherlands Parent B.V.

(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.

See Also

Institutional Ownership by Quarter for MYT Netherlands Parent B.V. (NYSE:MYTE)

Should You Invest $1,000 in MYT Netherlands Parent B.V. Right Now?

Before you consider MYT Netherlands Parent B.V., you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MYT Netherlands Parent B.V. wasn't on the list.

While MYT Netherlands Parent B.V. currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.