GSA Capital Partners LLP Purchases Shares of 38,871 E2open Parent Holdings, Inc. (NYSE:ETWO)

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

Other large investors have also recently bought and sold shares of the company. US Bancorp DE lifted its holdings in E2open Parent by 2,028.3% during the 3rd quarter. US Bancorp DE now owns 37,267 shares of the company’s stock worth $164,000 after buying an additional 35,516 shares during the last quarter. Creative Planning boosted its holdings in E2open Parent by 219.1% in the third quarter. Creative Planning now owns 37,425 shares of the company’s stock valued at $165,000 after purchasing an additional 25,698 shares in the last quarter. Handelsbanken Fonder AB increased its stake in E2open Parent by 26.3% in the third quarter. Handelsbanken Fonder AB now owns 50,400 shares of the company’s stock valued at $222,000 after purchasing an additional 10,500 shares during the last quarter. SG Americas Securities LLC acquired a new stake in E2open Parent during the third quarter worth approximately $316,000. Finally, Algert Global LLC lifted its position in shares of E2open Parent by 36.8% during the 2nd quarter. Algert Global LLC now owns 62,867 shares of the company’s stock worth $282,000 after buying an additional 16,927 shares during the last quarter.

Wall Street Analyst Weigh In

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 Price Performance

Shares of NYSE ETWO opened at $3.03 on Monday. The stock has a market cap of $1.04 billion, a P/E ratio of -1.18, a P/E/G ratio of 1.17 and a beta of 0.98. E2open Parent Holdings, Inc. has a twelve month low of $2.89 and a twelve month high of $5.07. The stock has a 50 day moving average of $3.52 and a two-hundred day moving average of $4.15. 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 (NYSE:ETWO) last released its quarterly earnings results on Wednesday, October 9th. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The firm had revenue of $152.19 million during the quarter, compared to the consensus estimate 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, research analysts forecast that E2open Parent Holdings, Inc. will post 0.19 earnings per share for the current year.

E2open Parent 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.