Fund 1 Investments LLC Increases Position in Vera Bradley, Inc. (NASDAQ:VRA)

Fund 1 Investments LLC lifted its stake in shares of Vera Bradley, Inc. (NASDAQ:VRA - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,783,155 shares of the textile maker's stock after purchasing an additional 168,000 shares during the period. Vera Bradley accounts for about 0.9% of Fund 1 Investments LLC's portfolio, making the stock its 21st largest holding. Fund 1 Investments LLC owned approximately 10.04% of Vera Bradley worth $10,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the stock. McAdam LLC acquired a new position in Vera Bradley in the fourth quarter valued at approximately $50,000. Sei Investments Co. acquired a new position in Vera Bradley in the fourth quarter valued at approximately $54,000. Pathway Financial Advisers LLC acquired a new position in Vera Bradley in the fourth quarter valued at approximately $118,000. Jane Street Group LLC lifted its holdings in Vera Bradley by 40.6% in the third quarter. Jane Street Group LLC now owns 33,765 shares of the textile maker's stock valued at $184,000 after acquiring an additional 9,744 shares during the last quarter. Finally, Barclays PLC lifted its holdings in Vera Bradley by 5.4% in the fourth quarter. Barclays PLC now owns 63,129 shares of the textile maker's stock valued at $248,000 after acquiring an additional 3,229 shares during the last quarter. 59.88% of the stock is currently owned by institutional investors and hedge funds.

Vera Bradley Price Performance

VRA traded down $0.09 during trading hours on Friday, reaching $1.87. The company's stock had a trading volume of 82,746 shares, compared to its average volume of 339,525. Vera Bradley, Inc. has a fifty-two week low of $1.72 and a fifty-two week high of $8.33. The stock has a market cap of $52.21 million, a PE ratio of -3.17 and a beta of 1.76. The business's 50-day moving average is $2.21 and its 200-day moving average is $3.53.

Vera Bradley Company Profile

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.