Eve Holding, Inc. (NYSE:EVEX) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in Eve Holding, Inc. (NYSE:EVEX) by 65.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 850,022 shares of the company’s stock after acquiring an additional 336,133 shares during the period. Geode Capital Management LLC owned 0.29% of EVE worth $2,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. SG Americas Securities LLC purchased a new position in shares of EVE during the third quarter worth $35,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of EVE during the 3rd quarter worth $40,000. Readystate Asset Management LP acquired a new position in shares of EVE during the third quarter worth $83,000. Barclays PLC boosted 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 acquiring an additional 37,602 shares in the last quarter. Finally, Blair William & Co. IL purchased a new position in EVE in the second quarter valued at approximately $190,000. 1.27% of the stock is owned by institutional investors and hedge funds.

EVE Trading Down 3.4 %

NYSE EVEX opened at $5.69 on Wednesday. Eve Holding, Inc. has a one year low of $2.33 and a one year high of $7.30. The firm has a market cap of $1.69 billion, a PE ratio of -11.85 and a beta of 0.42. The firm’s fifty day moving average is $4.16 and its two-hundred day moving average is $3.50. The company has a debt-to-equity ratio of 0.42, a quick ratio of 5.21 and a current ratio of 5.21.

EVE (NYSE:EVEX) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.01. During the same period in the previous year, the company earned ($0.11) EPS. Analysts expect that Eve Holding, Inc. will post -0.5 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. TD Cowen upgraded shares of EVE to a “hold” rating in a research note on Thursday, December 19th. Canaccord Genuity Group raised their price target on EVE from $6.75 to $7.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $5.00 price objective on shares of EVE in a research note on Tuesday, November 5th.

About EVE

Eve Holding, Inc, together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems.