Jane Street Group LLC Has $34,000 Position in Eve Holding, Inc. (NYSE:EVEX)

Jane Street Group LLC lessened its position in Eve Holding, Inc. (NYSE:EVEX) by 64.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,512 shares of the company’s stock after selling 19,349 shares during the period. Jane Street Group LLC’s holdings in EVE were worth $34,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. State Street Corp grew its position in shares of EVE by 3.8% in the 3rd quarter. State Street Corp now owns 378,123 shares of the company’s stock valued at $1,225,000 after purchasing an additional 13,700 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in EVE by 63.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 332,732 shares of the company’s stock valued at $1,078,000 after buying an additional 129,300 shares in the last quarter. Blair William & Co. IL acquired a new stake in shares of EVE during the second quarter worth $190,000. Readystate Asset Management LP acquired a new stake in shares of EVE during the third quarter worth $83,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in EVE in the 3rd quarter valued at $40,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on EVEX. Cantor Fitzgerald reissued an “overweight” rating and issued a $5.00 price target on shares of EVE in a research note on Tuesday, November 5th. TD Cowen raised EVE to a “hold” rating in a research report on Thursday, December 19th. Finally, Canaccord Genuity Group upped their price target on EVE from $6.75 to $7.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd.

EVE Trading Up 1.7 %

EVE stock opened at $4.56 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. The firm has a 50-day moving average of $4.42 and a 200-day moving average of $3.55. The company has a market cap of $1.36 billion, a price-to-earnings ratio of -9.49 and a beta of 0.42. Eve Holding, Inc. has a one year low of $2.33 and a one year high of $7.08.

EVE (NYSE:EVEX) last posted its quarterly earnings results on Monday, November 4th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.01. During the same period last year, the business posted ($0.11) EPS. On average, equities analysts expect that Eve Holding, Inc. will post -0.5 earnings per share for the current fiscal year.

EVE 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.