E2open Parent Holdings, Inc. (NYSE:ETWO) Shares Purchased by Barclays PLC

Barclays PLC grew its holdings in shares of E2open Parent Holdings, Inc. (NYSE:ETWO) by 384.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 303,515 shares of the company’s stock after purchasing an additional 240,858 shares during the period. Barclays PLC owned approximately 0.09% of E2open Parent worth $1,338,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ETWO. Bank of Montreal Can acquired a new position in shares of E2open Parent during the second quarter valued at $31,460,000. Jacobs Levy Equity Management Inc. bought a new position in E2open Parent during the third quarter valued at about $6,360,000. Dimensional Fund Advisors LP boosted its stake in E2open Parent by 23.0% during the second quarter. Dimensional Fund Advisors LP now owns 6,801,601 shares of the company’s stock valued at $30,537,000 after buying an additional 1,272,370 shares in the last quarter. Geode Capital Management LLC boosted its stake in E2open Parent by 19.1% during the third quarter. Geode Capital Management LLC now owns 4,736,328 shares of the company’s stock valued at $20,892,000 after buying an additional 759,398 shares in the last quarter. Finally, Sea Cliff Partners Management LP boosted its stake in E2open Parent by 14.1% during the second quarter. Sea Cliff Partners Management LP now owns 4,309,717 shares of the company’s stock valued at $19,351,000 after buying an additional 531,493 shares in the last quarter.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ETWO shares. The Goldman Sachs Group cut E2open Parent from a “neutral” rating to a “sell” rating and decreased their target price for the company from $3.50 to $2.90 in a research note on Wednesday, December 11th. Loop Capital decreased their target price on E2open Parent from $4.00 to $3.00 and set a “hold” rating for the company in a research note on Monday, December 23rd.

E2open Parent Trading Down 5.2 %

NYSE:ETWO opened at $2.57 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.67. E2open Parent Holdings, Inc. has a 1-year low of $2.52 and a 1-year high of $5.07. The firm has a market capitalization of $880.66 million, a price-to-earnings ratio of -1.00, a price-to-earnings-growth ratio of 1.16 and a beta of 1.00. The stock has a fifty day simple moving average of $2.96 and a 200 day simple moving average of $3.71.

E2open Parent (NYSE:ETWO) last released its quarterly earnings results on Friday, January 10th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). E2open Parent had a negative net margin of 125.70% and a positive return on equity of 3.92%. Sell-side analysts forecast that E2open Parent Holdings, Inc. will post 0.19 earnings per share for the current year.

About E2open Parent

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.