Arizona State Retirement System Takes Position in E2open Parent Holdings, Inc. (NYSE:ETWO)

Arizona State Retirement System acquired a new stake in E2open Parent Holdings, Inc. (NYSE:ETWO) in the second quarter, Holdings Channel reports. The institutional investor acquired 20,338 shares of the company’s stock, valued at approximately $232,000.

Several other institutional investors have also made changes to their positions in ETWO. Elliott Investment Management L.P. bought a new stake in E2open Parent during the 1st quarter valued at $250,704,000. Windacre Partnership LLC bought a new stake in E2open Parent during the 1st quarter valued at $177,519,000. Eminence Capital LP bought a new stake in E2open Parent during the 1st quarter valued at $111,758,000. Alyeska Investment Group L.P. bought a new stake in E2open Parent during the 1st quarter valued at $82,704,000. Finally, Credit Suisse AG bought a new stake in E2open Parent during the 1st quarter valued at $37,358,000. 95.88% of the stock is owned by institutional investors.

NYSE:ETWO opened at $11.82 on Wednesday. The company has a fifty day moving average of $11.08 and a 200 day moving average of $11.07. E2open Parent Holdings, Inc. has a 52 week low of $8.26 and a 52 week high of $14.58. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.22.

E2open Parent (NYSE:ETWO) last issued its quarterly earnings data on Tuesday, July 13th. The company reported ($0.76) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.78). The business had revenue of $66.33 million for the quarter.

In other news, major shareholder Elliott Investment Management sold 338,011 shares of the company’s stock in a transaction dated Thursday, August 12th. The shares were sold at an average price of $11.00, for a total value of $3,718,121.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Chinh Chu bought 28,302 shares of E2open Parent stock in a transaction dated Wednesday, September 1st. The stock was acquired at an average cost of $10.60 per share, for a total transaction of $300,001.20. The disclosure for this purchase can be found here. Insiders sold a total of 1,884,975 shares of company stock valued at $22,000,383 over the last 90 days. Company insiders own 7.06% of the company’s stock.

About E2open Parent

E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management SaaS platform in the Americas, Europe, and the Asia Pacific. The company's software solutions orchestrate supply chains and realize value and return on investment for its blue-chip customers. Its software combines networks, data, and applications to provide a platform that allows customers to optimize their supply chain across channel shaping, demand sensing, business planning, global trade management, transportation and logistics, collaborative manufacturing, and supply management.

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Institutional Ownership by Quarter for E2open Parent (NYSE:ETWO)

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