E2open Parent Holdings, Inc. (NYSE:ETWO) Shares Sold by Keybank National Association OH

Keybank National Association OH trimmed its position in shares of E2open Parent Holdings, Inc. (NYSE:ETWO) by 41.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,431 shares of the company’s stock after selling 18,184 shares during the period. Keybank National Association OH’s holdings in E2open Parent were worth $68,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ETWO. The Manufacturers Life Insurance Company grew its holdings in E2open Parent by 8.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 109,321 shares of the company’s stock worth $482,000 after buying an additional 8,940 shares in the last quarter. MQS Management LLC bought a new stake in shares of E2open Parent during the third quarter valued at about $57,000. SG Americas Securities LLC lifted its holdings in E2open Parent by 18.8% in the fourth quarter. SG Americas Securities LLC now owns 85,205 shares of the company’s stock worth $227,000 after purchasing an additional 13,489 shares during the period. MetLife Investment Management LLC grew its position in E2open Parent by 21.2% in the 3rd quarter. MetLife Investment Management LLC now owns 118,064 shares of the company’s stock valued at $521,000 after buying an additional 20,667 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of E2open Parent by 7.6% in the 4th quarter. Rhumbline Advisers now owns 310,057 shares of the company’s stock worth $825,000 after acquiring an additional 21,800 shares during the period.

E2open Parent Trading Up 0.7 %

NYSE ETWO opened at $2.20 on Wednesday. The firm’s 50 day moving average price is $2.57 and its two-hundred day moving average price is $3.16. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.08 and a current ratio of 1.08. E2open Parent Holdings, Inc. has a twelve month low of $2.11 and a twelve month high of $5.08. The stock has a market cap of $753.41 million, a price-to-earnings ratio of -1.47, a PEG ratio of 1.05 and a beta of 1.02.

E2open Parent (NYSE:ETWO) last issued 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 74.63% and a positive return on equity of 4.38%. Equities analysts anticipate that E2open Parent Holdings, Inc. will post 0.19 EPS for the current year.

Analyst Ratings Changes

ETWO has been the subject of several research reports. 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. Morgan Stanley cut their price objective on E2open Parent from $4.00 to $3.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Finally, Loop Capital decreased their target price on E2open Parent from $4.00 to $3.00 and set a “hold” rating on the stock in a report on Monday, December 23rd.

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.