Lanvin Group (NYSE:LANV) Trading Up 2.6%

Lanvin Group Holdings Limited (NYSE:LANV) shares rose 2.6% on Tuesday . The stock traded as high as $1.59 and last traded at $1.58. Approximately 11,487 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 24,049 shares. The stock had previously closed at $1.54.

Lanvin Group Price Performance

The stock’s 50 day moving average price is $1.86 and its 200-day moving average price is $2.81.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LANV. UBS Group AG bought a new stake in Lanvin Group in the 4th quarter valued at $217,000. Ergoteles LLC bought a new stake in Lanvin Group in the 2nd quarter valued at $317,000. Finally, Prudential Financial Inc. bought a new stake in Lanvin Group in the 1st quarter valued at $3,214,000. Hedge funds and other institutional investors own 86.40% of the company’s stock.

Lanvin Group Company Profile

Lanvin Group Holdings Limited operates as a couture house worldwide. The company offers ready-to-wear, made to measure, footwear, leather goods, costume jewelry, accessories, eyewear, and childrenswear under the Lanvin brand name; ready-to-wear, legwear, lingerie and beachwear, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.