Fmr LLC Raises Position in Vera Bradley, Inc. (NASDAQ:VRA)

Fmr LLC increased its stake in Vera Bradley, Inc. (NASDAQ:VRA) by 998.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,408 shares of the textile maker’s stock after purchasing an additional 19,459 shares during the period. Fmr LLC owned approximately 0.08% of Vera Bradley worth $117,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Royce & Associates LP lifted its stake in shares of Vera Bradley by 18.6% in the 3rd quarter. Royce & Associates LP now owns 1,592,165 shares of the textile maker’s stock valued at $8,693,000 after acquiring an additional 249,630 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Vera Bradley by 4.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,474,763 shares of the textile maker’s stock valued at $9,232,000 after acquiring an additional 64,624 shares in the last quarter. AQR Capital Management LLC lifted its position in Vera Bradley by 37.9% during the second quarter. AQR Capital Management LLC now owns 500,578 shares of the textile maker’s stock valued at $3,134,000 after buying an additional 137,552 shares during the period. Renaissance Technologies LLC grew its holdings in Vera Bradley by 13.9% in the second quarter. Renaissance Technologies LLC now owns 445,840 shares of the textile maker’s stock worth $2,791,000 after purchasing an additional 54,300 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Vera Bradley by 23.2% in the 2nd quarter. American Century Companies Inc. now owns 385,521 shares of the textile maker’s stock worth $2,413,000 after buying an additional 72,642 shares during the last quarter. Institutional investors own 59.88% of the company’s stock.

Vera Bradley Price Performance

Shares of Vera Bradley stock opened at $3.44 on Monday. The stock has a market cap of $95.38 million, a price-to-earnings ratio of -5.83 and a beta of 1.91. The firm’s 50-day moving average is $5.14 and its 200 day moving average is $5.67. Vera Bradley, Inc. has a 1 year low of $3.35 and a 1 year high of $8.32.

About Vera Bradley

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.