BIT Capital GmbH Buys 1,483,304 Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

BIT Capital GmbH increased its position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) by 9,161.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,499,495 shares of the company’s stock after purchasing an additional 1,483,304 shares during the quarter. BIT Capital GmbH owned approximately 0.53% of D-Market Elektronik Hizmetler ve Ticaret A.S. worth $4,543,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth $44,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter valued at about $47,000. GAMMA Investing LLC lifted its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock worth $83,000 after acquiring an additional 4,152 shares during the period. Jane Street Group LLC grew its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock worth $110,000 after acquiring an additional 29,046 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company’s stock worth $216,000 after acquiring an additional 85,245 shares in the last quarter. 40.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HEPS has been the subject of several recent research reports. Hsbc Global Res lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd. HSBC downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price objective for the company. in a research note on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 3.6 %

Shares of NASDAQ HEPS opened at $2.95 on Thursday. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.25 and a 1-year high of $4.05. The business has a fifty day moving average price of $3.29 and a 200 day moving average price of $3.03. The stock has a market capitalization of $830.08 million, a P/E ratio of -19.67 and a beta of 2.42. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.66.

D-Market Elektronik Hizmetler ve Ticaret A.S. Company Profile

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.