E2open Parent Holdings, Inc. (NYSE:ETWO) Director Eva F. Huston Sells 15,000 Shares

E2open Parent Holdings, Inc. (NYSE:ETWO – Get Rating) Director Eva F. Huston sold 15,000 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was sold at an average price of $7.52, for a total value of $112,800.00. Following the completion of the transaction, the director now directly owns 52,912 shares in the company, valued at $397,898.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of E2open Parent stock opened at $7.76 on Friday. The business has a 50-day moving average price of $8.43 and a 200-day moving average price of $9.73. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.81 and a current ratio of 0.81. E2open Parent Holdings, Inc. has a twelve month low of $7.14 and a twelve month high of $14.58.

Institutional investors have recently modified their holdings of the company. Dark Forest Capital Management LP purchased a new position in shares of E2open Parent during the third quarter valued at about $26,000. Nisa Investment Advisors LLC bought a new position in shares of E2open Parent in the 1st quarter valued at about $28,000. Wolverine Asset Management LLC lifted its holdings in shares of E2open Parent by 99.3% in the 1st quarter. Wolverine Asset Management LLC now owns 8,907 shares of the company’s stock valued at $78,000 after acquiring an additional 4,437 shares during the last quarter. Mackenzie Financial Corp bought a new position in shares of E2open Parent in the 1st quarter valued at about $99,000. Finally, Verition Fund Management LLC bought a new position in shares of E2open Parent in the 1st quarter valued at about $108,000. Hedge funds and other institutional investors own 98.09% of the company’s stock.

A number of equities research analysts have issued reports on the company. Bank of America upgraded E2open Parent from a “neutral” rating to a “buy” rating in a research note on Thursday, April 21st. Craig Hallum assumed coverage on E2open Parent in a research note on Tuesday, January 25th. They issued a “buy” rating and a $14.00 price target for the company. Colliers Securities upgraded E2open Parent from a “neutral” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Wednesday, March 23rd. Loop Capital cut their price target on E2open Parent from $16.00 to $12.00 in a research note on Thursday, April 28th. Finally, Zacks Investment Research lowered E2open Parent from a “hold” rating to a “sell” rating in a research note on Monday, May 9th.

E2open Parent Company Profile (Get Rating)

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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