Quinn Opportunity Partners LLC bought a new stake in Vera Bradley, Inc. (NASDAQ:VRA - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,006,929 shares of the textile maker's stock, valued at approximately $3,957,000. Quinn Opportunity Partners LLC owned about 3.63% of Vera Bradley at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of VRA. Empowered Funds LLC grew its holdings in shares of Vera Bradley by 5.1% during the fourth quarter. Empowered Funds LLC now owns 151,615 shares of the textile maker's stock worth $596,000 after purchasing an additional 7,405 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Vera Bradley by 40.6% during the third quarter. Jane Street Group LLC now owns 33,765 shares of the textile maker's stock worth $184,000 after purchasing an additional 9,744 shares in the last quarter. Barclays PLC raised its position in Vera Bradley by 23.4% in the 3rd quarter. Barclays PLC now owns 59,900 shares of the textile maker's stock worth $327,000 after purchasing an additional 11,366 shares during the last quarter. McAdam LLC acquired a new position in shares of Vera Bradley during the fourth quarter valued at $50,000. Finally, Sei Investments Co. acquired a new position in Vera Bradley during the 4th quarter valued at about $54,000. 59.88% of the stock is currently owned by institutional investors.
Vera Bradley Stock Performance
VRA traded down $0.03 during trading on Wednesday, reaching $1.79. 206,833 shares of the company's stock were exchanged, compared to its average volume of 338,959. Vera Bradley, Inc. has a fifty-two week low of $1.78 and a fifty-two week high of $8.33. The company's fifty day moving average price is $2.70 and its 200-day moving average price is $3.96. The firm has a market capitalization of $49.68 million, a PE ratio of -3.04 and a beta of 1.86.
About Vera Bradley
(
Free Report)
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.
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