37,038 Shares in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Acquired by Squarepoint Ops LLC

Squarepoint Ops LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 37,038 shares of the company’s stock, valued at approximately $112,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Tekne Capital Management LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter worth approximately $18,786,000. Brightlight Capital Management LP bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth $14,533,000. BIT Capital GmbH grew its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% in the fourth quarter. BIT Capital GmbH now owns 1,499,495 shares of the company’s stock worth $4,543,000 after purchasing an additional 1,483,304 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at $2,735,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company’s stock valued at $756,000 after purchasing an additional 5,855 shares in the last quarter. Institutional investors and hedge funds own 40.46% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “hold” rating to a “sell” rating in a report on Saturday, May 24th.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Up 1.9%

NASDAQ:HEPS opened at $2.71 on Tuesday. The company has a market capitalization of $870.95 million, a P/E ratio of -18.07 and a beta of 2.37. The stock’s 50 day moving average price is $2.69 and its 200 day moving average price is $3.03. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 52 week low of $1.77 and a 52 week high of $4.05.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.03) EPS for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. The business had revenue of $0.40 million during the quarter. On average, research analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

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.