XTX Topco Ltd Acquires Shares of 115,112 E2open Parent Holdings, Inc. (NYSE:ETWO)

XTX Topco Ltd bought a new position in shares of E2open Parent Holdings, Inc. (NYSE:ETWO) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 115,112 shares of the company’s stock, valued at approximately $508,000.

A number of other large investors also recently modified their holdings of the stock. Innealta Capital LLC bought a new position in E2open Parent in the second quarter valued at about $34,000. nVerses Capital LLC bought a new position in shares of E2open Parent in the 2nd quarter valued at about $48,000. Canada Pension Plan Investment Board bought a new stake in shares of E2open Parent during the second quarter worth approximately $50,000. MQS Management LLC acquired a new position in E2open Parent in the third quarter valued at approximately $57,000. Finally, Dark Forest Capital Management LP bought a new position in E2open Parent in the second quarter valued at approximately $98,000.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of E2open Parent from a “neutral” rating to a “sell” rating and dropped their target price for the company from $3.50 to $2.90 in a research report on Wednesday.

E2open Parent Price Performance

E2open Parent stock opened at $2.96 on Friday. The firm has a market capitalization of $1.01 billion, a P/E ratio of -1.15, a PEG ratio of 1.19 and a beta of 0.98. The business has a 50-day moving average of $3.16 and a 200-day moving average of $3.97. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.67. E2open Parent Holdings, Inc. has a 1 year low of $2.80 and a 1 year high of $5.07.

E2open Parent (NYSE:ETWO) last issued its quarterly earnings data on Wednesday, October 9th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. The firm had revenue of $152.19 million during the quarter, compared to analysts’ expectations of $152.33 million. E2open Parent had a negative net margin of 125.70% and a positive return on equity of 3.92%. On average, equities analysts anticipate that E2open Parent Holdings, Inc. will post 0.19 EPS for the current 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.