SG Americas Securities LLC Buys New Shares in Eve Holding, Inc. (NYSE:EVEX)

SG Americas Securities LLC purchased a new position in shares of Eve Holding, Inc. (NYSE:EVEX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 10,655 shares of the company’s stock, valued at approximately $35,000.

Separately, Vanguard Group Inc. grew its stake in shares of EVE by 7.1% in the first quarter. Vanguard Group Inc. now owns 517,707 shares of the company’s stock valued at $2,796,000 after buying an additional 34,484 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors.

EVE Stock Performance

Shares of NYSE:EVEX opened at $3.30 on Wednesday. Eve Holding, Inc. has a 12-month low of $2.33 and a 12-month high of $8.00. The company’s 50 day moving average price is $3.04 and its two-hundred day moving average price is $3.84. The firm has a market cap of $957.46 million, a PE ratio of -7.02 and a beta of 0.36. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 0.50.

EVE (NYSE:EVEX) last released its earnings results on Tuesday, August 6th. The company reported ($0.13) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.13). Equities research analysts predict that Eve Holding, Inc. will post -0.49 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on EVEX shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $5.00 price target on shares of EVE in a report on Monday, September 30th. HC Wainwright began coverage on EVE in a report on Tuesday, September 3rd. They set a “buy” rating and a $6.00 price target for the company. Finally, Canaccord Genuity Group decreased their price objective on shares of EVE from $9.00 to $8.50 and set a “buy” rating on the stock in a report on Tuesday, July 2nd.

EVE Company Profile

Eve Holding, Inc, together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems.