E2open Parent Holdings, Inc. (NYSE:ETWO) Holdings Boosted by Nomura Holdings Inc.

Nomura Holdings Inc. raised its position in E2open Parent Holdings, Inc. (NYSE:ETWO - Free Report) by 15.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,725,233 shares of the company's stock after buying an additional 1,994,267 shares during the period. Nomura Holdings Inc. owned approximately 4.29% of E2open Parent worth $39,169,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new stake in shares of E2open Parent in the 3rd quarter valued at approximately $504,000. JPMorgan Chase & Co. increased its stake in shares of E2open Parent by 593.3% in the third quarter. JPMorgan Chase & Co. now owns 1,960,030 shares of the company's stock valued at $8,644,000 after purchasing an additional 1,677,336 shares during the period. SG Americas Securities LLC increased its stake in shares of E2open Parent by 18.8% in the fourth quarter. SG Americas Securities LLC now owns 85,205 shares of the company's stock valued at $227,000 after purchasing an additional 13,489 shares during the period. Gagnon Securities LLC increased its stake in shares of E2open Parent by 37.6% in the fourth quarter. Gagnon Securities LLC now owns 2,182,893 shares of the company's stock valued at $5,806,000 after purchasing an additional 596,425 shares during the period. Finally, Gagnon Advisors LLC increased its stake in shares of E2open Parent by 50.0% in the fourth quarter. Gagnon Advisors LLC now owns 1,171,117 shares of the company's stock valued at $3,115,000 after purchasing an additional 390,372 shares during the period.

E2open Parent Price Performance

Shares of NYSE ETWO traded up $0.09 during mid-day trading on Friday, reaching $2.78. 2,038,523 shares of the company traded hands, compared to its average volume of 1,732,910. E2open Parent Holdings, Inc. has a fifty-two week low of $1.75 and a fifty-two week high of $5.06. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $954.56 million, a PE ratio of -1.86, a price-to-earnings-growth ratio of 1.05 and a beta of 1.04. The stock has a fifty day simple moving average of $2.19 and a 200-day simple moving average of $2.57.

E2open Parent (NYSE:ETWO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The business had revenue of $153.50 million for the quarter, compared to analyst estimates of $153.01 million. E2open Parent had a negative net margin of 74.63% and a positive return on equity of 4.38%. Equities research analysts anticipate that E2open Parent Holdings, Inc. will post 0.19 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on ETWO shares. The Goldman Sachs Group dropped their price target on shares of E2open Parent from $2.60 to $2.30 and set a "sell" rating on the stock in a research note on Friday, March 28th. UBS Group dropped their price target on shares of E2open Parent from $3.00 to $2.50 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Finally, Morgan Stanley lowered their price objective on shares of E2open Parent from $3.00 to $2.30 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th.

E2open Parent Profile

E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management and orchestration SaaS platform in the Americas, Europe, and the Asia Pacific. Its SaaS platform includes various key strategic and operational areas, including omni-channel, demand sensing, supply planning, global trade management, transportation and logistics and manufacturing and supply management.