Jump Financial LLC Takes Position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Jump Financial LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,811 shares of the company’s stock, valued at approximately $66,000.

Other large investors also recently modified their holdings of the company. Tekne Capital Management LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at about $18,786,000. BIT Capital GmbH boosted its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% during the fourth quarter. BIT Capital GmbH now owns 1,499,495 shares of the company’s stock valued at $4,543,000 after buying an additional 1,483,304 shares in the last quarter. State Street Corp boosted its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% during the third quarter. State Street Corp now owns 701,050 shares of the company’s stock valued at $1,584,000 after buying an additional 47,639 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in 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 buying an additional 5,855 shares in the last quarter. Finally, ABS Direct Equity Fund LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at about $545,000. 40.46% of the stock is owned by institutional investors and hedge funds.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 3.9 %

NASDAQ:HEPS opened at $2.69 on Tuesday. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.38 and a 1-year high of $4.05. The firm has a market capitalization of $756.92 million, a price-to-earnings ratio of -17.93 and a beta of 2.41. The stock has a fifty day simple moving average of $2.98 and a 200 day simple moving average of $3.10.

Analysts Set New Price Targets

Several brokerages recently weighed in on HEPS. Hsbc Global Res cut D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. HSBC lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price target for the company. in a research report on Wednesday, January 22nd.

About D-Market Elektronik Hizmetler ve Ticaret A.S.

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.