GSA Capital Partners LLP Invests $171,000 in E2open Parent Holdings, Inc. (NYSE:ETWO)

GSA Capital Partners LLP bought a new stake in shares of E2open Parent Holdings, Inc. (NYSE:ETWO) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 38,871 shares of the company’s stock, valued at approximately $171,000.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of E2open Parent during the 1st quarter valued at $62,000. ProShare Advisors LLC increased its holdings in shares of E2open Parent by 9.9% during the 1st quarter. ProShare Advisors LLC now owns 30,909 shares of the company’s stock valued at $137,000 after purchasing an additional 2,780 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of E2open Parent by 12.9% in the 1st quarter. Vanguard Group Inc. now owns 24,775,004 shares of the company’s stock valued at $110,001,000 after purchasing an additional 2,823,090 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in E2open Parent in the 1st quarter valued at $30,000. Finally, Lazard Asset Management LLC purchased a new stake in E2open Parent in the 1st quarter worth $103,000.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group dropped their target price on shares of E2open Parent from $4.00 to $3.50 and set a “neutral” rating on the stock in a research report on Friday, October 11th.

E2open Parent Stock Up 1.3 %

Shares of ETWO opened at $3.03 on Monday. The stock has a 50 day moving average price of $3.52 and a 200 day moving average price of $4.15. E2open Parent Holdings, Inc. has a one year low of $2.89 and a one year high of $5.07. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of -1.18, a PEG ratio of 1.17 and a beta of 0.98.

E2open Parent (NYSE:ETWO) last posted its quarterly earnings results on Wednesday, October 9th. The company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. E2open Parent had a negative net margin of 125.70% and a positive return on equity of 3.92%. The firm had revenue of $152.19 million for the quarter, compared to the consensus estimate of $152.33 million. Equities research analysts forecast that E2open Parent Holdings, Inc. will post 0.19 earnings per share for the current fiscal year.

E2open Parent Company 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.