E2open Parent Holdings, Inc. (NYSE:ETWO) Shares Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of E2open Parent Holdings, Inc. (NYSE:ETWOGet Rating) by 59.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 636,000 shares of the company’s stock after purchasing an additional 237,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned about 0.21% of E2open Parent worth $4,948,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Nisa Investment Advisors LLC acquired a new stake in shares of E2open Parent during the first quarter worth $28,000. Point72 Hong Kong Ltd acquired a new stake in shares of E2open Parent during the first quarter worth $61,000. Wolverine Asset Management LLC boosted its holdings in shares of E2open Parent by 99.3% during the first quarter. Wolverine Asset Management LLC now owns 8,907 shares of the company’s stock worth $78,000 after purchasing an additional 4,437 shares during the last quarter. Xponance Inc. acquired a new position in E2open Parent in the second quarter valued at $84,000. Finally, Mackenzie Financial Corp acquired a new position in E2open Parent in the first quarter valued at $99,000.

Insider Transactions at E2open Parent

In other news, COO Peter Hantman sold 25,000 shares of E2open Parent stock in a transaction dated Friday, September 9th. The stock was sold at an average price of $7.03, for a total transaction of $175,750.00. Following the sale, the chief operating officer now directly owns 91,195 shares of the company’s stock, valued at $641,100.85. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ETWO shares. The Goldman Sachs Group started coverage on E2open Parent in a report on Friday, October 21st. They issued a “neutral” rating and a $5.50 target price on the stock. Credit Suisse Group started coverage on E2open Parent in a report on Friday, September 23rd. They issued an “underperform” rating on the stock. Finally, Craig Hallum reduced their target price on E2open Parent to $10.50 in a report on Thursday, October 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $10.25.

E2open Parent Price Performance

NYSE:ETWO opened at $5.54 on Monday. The business’s 50-day moving average is $6.00 and its two-hundred day moving average is $7.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.77 and a quick ratio of 0.77. E2open Parent Holdings, Inc. has a 12 month low of $4.89 and a 12 month high of $13.16.

E2open Parent (NYSE:ETWOGet Rating) last released its quarterly earnings data on Tuesday, October 11th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). E2open Parent had a negative net margin of 63.61% and a positive return on equity of 2.29%. The company had revenue of $160.68 million during the quarter. Equities research analysts anticipate that E2open Parent Holdings, Inc. will post 0.27 earnings per share for the current fiscal year.

E2open Parent Company Profile

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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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