MYT Netherlands Parent B.V. $MYTE Position Increased by Invesco Ltd.

Invesco Ltd. increased its stake in MYT Netherlands Parent B.V. (NYSE:MYTE) by 6.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 893,144 shares of the company’s stock after purchasing an additional 56,657 shares during the period. Invesco Ltd. owned 1.04% of MYT Netherlands Parent B.V. worth $6,752,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. XTX Topco Ltd bought a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter worth approximately $96,000. Millennium Management LLC bought a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter worth approximately $546,000. Two Sigma Investments LP bought a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter worth approximately $157,000. GAMMA Investing LLC bought a new stake in shares of MYT Netherlands Parent B.V. in the 1st quarter worth approximately $47,000. Finally, Sylebra Capital LLC raised its stake in MYT Netherlands Parent B.V. by 1.1% during the 4th quarter. Sylebra Capital LLC now owns 3,937,022 shares of the company’s stock valued at $27,953,000 after acquiring an additional 41,624 shares in the last quarter. Institutional investors own 10.07% of the company’s stock.

MYT Netherlands Parent B.V. Trading Up 0.5%

Shares of MYTE stock opened at $8.48 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.22 and a current ratio of 1.78. MYT Netherlands Parent B.V. has a 1 year low of $3.22 and a 1 year high of $12.50. The stock has a fifty day moving average of $7.93 and a two-hundred day moving average of $8.55. The firm has a market capitalization of $726.73 million, a PE ratio of -19.72 and a beta of 1.08.

MYT Netherlands Parent B.V. Profile

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.