Eve Holding, Inc. (NYSE:EVEX) Shares Purchased by Nuveen Asset Management LLC

Nuveen Asset Management LLC raised its stake in Eve Holding, Inc. (NYSE:EVEX - Free Report) by 161.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,129 shares of the company's stock after purchasing an additional 58,119 shares during the period. Nuveen Asset Management LLC's holdings in EVE were worth $512,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in EVE by 29.0% during the 4th quarter. Geode Capital Management LLC now owns 1,096,885 shares of the company's stock worth $5,969,000 after acquiring an additional 246,863 shares during the last quarter. Northern Trust Corp lifted its stake in shares of EVE by 89.7% in the fourth quarter. Northern Trust Corp now owns 420,000 shares of the company's stock worth $2,285,000 after acquiring an additional 198,627 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in EVE by 22.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 408,274 shares of the company's stock valued at $2,221,000 after acquiring an additional 75,542 shares during the last quarter. JPMorgan Chase & Co. increased its position in EVE by 380.2% during the 4th quarter. JPMorgan Chase & Co. now owns 186,462 shares of the company's stock valued at $1,014,000 after purchasing an additional 147,632 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in EVE by 69.7% during the 4th quarter. Bank of New York Mellon Corp now owns 103,070 shares of the company's stock worth $561,000 after purchasing an additional 42,344 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EVEX has been the subject of several recent research reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $5.00 price target on shares of EVE in a research report on Friday, March 14th. HC Wainwright upped their target price on shares of EVE from $6.00 to $8.00 and gave the stock a "buy" rating in a research report on Monday.

EVE Trading Up 3.5%

NYSE:EVEX traded up $0.19 during mid-day trading on Monday, hitting $5.64. 405,710 shares of the stock traded hands, compared to its average volume of 257,213. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42. Eve Holding, Inc. has a 52 week low of $2.33 and a 52 week high of $6.13. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of -11.75 and a beta of 0.77. The firm's 50 day moving average is $4.05 and its two-hundred day moving average is $4.30.

EVE (NYSE:EVEX - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.03). On average, equities research analysts predict that Eve Holding, Inc. will post -0.5 earnings per share for the current year.

EVE Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.