Jane Street Group LLC cut its holdings in Purple Innovation, Inc. (NASDAQ:PRPL – Free Report) by 53.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,054 shares of the company’s stock after selling 40,954 shares during the quarter. Jane Street Group LLC’s holdings in Purple Innovation were worth $36,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wasatch Advisors LP boosted its stake in shares of Purple Innovation by 25.0% in the 3rd quarter. Wasatch Advisors LP now owns 2,800,109 shares of the company’s stock valued at $2,768,000 after purchasing an additional 560,407 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Purple Innovation by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 458,627 shares of the company’s stock valued at $453,000 after buying an additional 17,056 shares in the last quarter. Crumly & Associates Inc. grew its stake in shares of Purple Innovation by 22.5% during the third quarter. Crumly & Associates Inc. now owns 81,763 shares of the company’s stock worth $81,000 after buying an additional 15,000 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Purple Innovation by 42.5% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 58,452 shares of the company’s stock worth $58,000 after buying an additional 17,425 shares in the last quarter. Finally, Divisadero Street Capital Management LP bought a new position in shares of Purple Innovation in the 2nd quarter valued at $144,000. Institutional investors own 88.41% of the company’s stock.
Purple Innovation Price Performance
Purple Innovation stock opened at $0.95 on Friday. The stock has a 50-day moving average price of $0.89 and a two-hundred day moving average price of $1.02. Purple Innovation, Inc. has a 12 month low of $0.69 and a 12 month high of $2.33. The company has a market capitalization of $102.32 million, a PE ratio of -0.95 and a beta of 2.08. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81.
Purple Innovation Profile
Purple Innovation, Inc designs and manufactures sleep and other products in the United States and internationally. The company offers mattresses, pillows, cushions, bases, sheets, platforms, adjustable bases, mattress protectors, foundations, blankets, duvets, duvet covers, seat cushions, and pet beds under the Purple brand.
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