Coronation Fund Managers Ltd. bought a new position in shares of MYT Netherlands Parent B.V. (NYSE:MYTE – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 17,456 shares of the company’s stock, valued at approximately $124,000.
Several other hedge funds have also added to or reduced their stakes in the company. Luxor Capital Group LP increased its position in MYT Netherlands Parent B.V. by 94.3% during the 3rd quarter. Luxor Capital Group LP now owns 459,588 shares of the company’s stock worth $1,751,000 after buying an additional 223,013 shares during the period. Capricorn Fund Managers Ltd acquired a new stake in MYT Netherlands Parent B.V. in the 4th quarter worth about $4,225,000. Finally, Portolan Capital Management LLC boosted its holdings in MYT Netherlands Parent B.V. by 30.6% in the 3rd quarter. Portolan Capital Management LLC now owns 1,805,758 shares of the company’s stock valued at $6,880,000 after purchasing an additional 422,942 shares during the period. 10.07% of the stock is owned by institutional investors and hedge funds.
MYT Netherlands Parent B.V. Stock Up 4.1 %
Shares of MYTE opened at $9.99 on Monday. The company has a current ratio of 1.95, a quick ratio of 0.26 and a debt-to-equity ratio of 0.10. MYT Netherlands Parent B.V. has a 12 month low of $2.58 and a 12 month high of $10.89. The firm’s 50 day moving average is $7.88 and its 200-day moving average is $6.10. The stock has a market capitalization of $851.42 million, a PE ratio of -22.19 and a beta of 1.01.
MYT Netherlands Parent B.V. Company Profile
MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.
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