SG Americas Securities LLC acquired a new stake in shares of Global Blue Group Holding AG (NYSE:GB - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 40,000 shares of the company's stock, valued at approximately $294,000.
A number of other hedge funds also recently bought and sold shares of GB. Bank of America Corp DE purchased a new position in Global Blue Group during the fourth quarter worth about $1,200,000. Scalar Gauge Management LLC raised its position in shares of Global Blue Group by 17.5% during the 4th quarter. Scalar Gauge Management LLC now owns 339,651 shares of the company's stock valued at $2,354,000 after buying an additional 50,668 shares during the period. Renaissance Technologies LLC raised its position in shares of Global Blue Group by 74.8% during the 4th quarter. Renaissance Technologies LLC now owns 45,800 shares of the company's stock valued at $317,000 after buying an additional 19,600 shares during the period. XTX Topco Ltd acquired a new position in Global Blue Group in the fourth quarter valued at approximately $87,000. Finally, Wells Fargo & Company MN purchased a new position in Global Blue Group in the fourth quarter worth approximately $79,000. Institutional investors and hedge funds own 89.66% of the company's stock.
Global Blue Group Trading Down 0.1%
GB stock traded down $0.01 during midday trading on Monday, hitting $7.47. 54,644 shares of the company's stock were exchanged, compared to its average volume of 227,395. Global Blue Group Holding AG has a 1-year low of $4.29 and a 1-year high of $8.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.69. The stock has a market capitalization of $1.49 billion, a PE ratio of 20.19 and a beta of 0.44. The business has a 50-day simple moving average of $7.44 and a two-hundred day simple moving average of $7.26.
Global Blue Group (NYSE:GB - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.02. Global Blue Group had a return on equity of 45.20% and a net margin of 16.56%. The firm had revenue of $137.18 million during the quarter, compared to the consensus estimate of $130.33 million. On average, sell-side analysts predict that Global Blue Group Holding AG will post 0.3 EPS for the current fiscal year.
Global Blue Group Profile
(
Free Report)
Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).
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