Charles Schwab Investment Management Inc. Has $2.22 Million Position in Eve Holding, Inc. (NYSE:EVEX)

Charles Schwab Investment Management Inc. grew its holdings in Eve Holding, Inc. (NYSE:EVEX) by 22.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 408,274 shares of the company’s stock after acquiring an additional 75,542 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.14% of EVE worth $2,221,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC boosted its position in EVE by 65.4% in the third quarter. Geode Capital Management LLC now owns 850,022 shares of the company’s stock valued at $2,754,000 after buying an additional 336,133 shares in the last quarter. Franklin Resources Inc. acquired a new position in shares of EVE in the third quarter valued at approximately $53,000. JPMorgan Chase & Co. grew its stake in shares of EVE by 296.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company’s stock worth $126,000 after acquiring an additional 29,029 shares in the last quarter. Barclays PLC increased its position in shares of EVE by 594.1% during the 3rd quarter. Barclays PLC now owns 43,931 shares of the company’s stock worth $141,000 after purchasing an additional 37,602 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of EVE by 112.6% in the 4th quarter. SG Americas Securities LLC now owns 22,651 shares of the company’s stock valued at $123,000 after purchasing an additional 11,996 shares during the period. Institutional investors and hedge funds own 1.27% of the company’s stock.

Analysts Set New Price Targets

EVEX has been the subject of several recent research reports. Cantor Fitzgerald restated an “overweight” rating and issued a $5.00 price target on shares of EVE in a research note on Friday, March 14th. Canaccord Genuity Group increased their price target on EVE from $6.75 to $7.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. HC Wainwright restated a “buy” rating and issued a $6.00 target price on shares of EVE in a report on Wednesday, March 12th. Finally, TD Cowen upgraded shares of EVE to a “hold” rating in a research note on Thursday, December 19th.

EVE Price Performance

EVEX stock opened at $3.50 on Friday. The stock has a market cap of $1.04 billion, a PE ratio of -7.28 and a beta of 0.45. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. Eve Holding, Inc. has a one year low of $2.33 and a one year high of $6.09. The firm has a 50 day simple moving average of $4.21 and a two-hundred day simple moving average of $3.97.

EVE (NYSE:EVEX) last announced its quarterly earnings data on Friday, March 14th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.01. On average, analysts predict that Eve Holding, Inc. will post -0.5 EPS for the current fiscal year.

EVE Company Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.