DJE Kapital AG Buys Shares of 749,946 LuxExperience B.V. – Sponsored ADR $LUXE

DJE Kapital AG bought a new stake in shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) in the 1st quarter, Holdings Channel reports. The firm bought 749,946 shares of the company’s stock, valued at approximately $6,119,000.

Other hedge funds have also recently made changes to their positions in the company. UBS Group AG purchased a new stake in shares of LuxExperience B.V. in the 3rd quarter worth approximately $1,166,000. Invesco Ltd. purchased a new position in LuxExperience B.V. during the third quarter valued at $7,292,000. Sylebra Capital LLC purchased a new position in LuxExperience B.V. during the third quarter valued at $31,351,000. Boothbay Fund Management LLC bought a new stake in LuxExperience B.V. in the third quarter worth $1,705,000. Finally, Millennium Management LLC bought a new stake in LuxExperience B.V. in the third quarter worth $134,000. 10.07% of the stock is owned by institutional investors.

LuxExperience B.V. Price Performance

Shares of NYSE LUXE opened at $8.21 on Tuesday. LuxExperience B.V. – Sponsored ADR has a twelve month low of $6.54 and a twelve month high of $11.38. The firm has a market cap of $704.03 million, a P/E ratio of 2.01 and a beta of 1.07. The company has a 50 day moving average of $7.55 and a 200 day moving average of $8.24. The company has a quick ratio of 0.81, a current ratio of 2.33 and a debt-to-equity ratio of 0.13.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Wall Street Zen downgraded LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a report on Monday, May 18th. Weiss Ratings lowered LuxExperience B.V. from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. dropped their price target on shares of LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Finally, TD Cowen cut their price objective on shares of LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $9.50.

LuxExperience 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, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.