Quest Partners LLC Takes $308,000 Position in Enfusion, Inc. (NYSE:ENFN)

Quest Partners LLC purchased a new stake in shares of Enfusion, Inc. (NYSE:ENFN) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 32,482 shares of the company’s stock, valued at approximately $308,000.

A number of other hedge funds also recently made changes to their positions in the business. Gladius Capital Management LP raised its holdings in shares of Enfusion by 160.5% during the third quarter. Gladius Capital Management LP now owns 69,694 shares of the company’s stock valued at $661,000 after buying an additional 42,939 shares during the last quarter. Royce & Associates LP raised its holdings in shares of Enfusion by 35.4% during the third quarter. Royce & Associates LP now owns 99,715 shares of the company’s stock valued at $946,000 after buying an additional 26,045 shares during the last quarter. Impax Asset Management Group plc raised its holdings in shares of Enfusion by 25.4% during the third quarter. Impax Asset Management Group plc now owns 676,948 shares of the company’s stock valued at $6,424,000 after buying an additional 136,948 shares during the last quarter. Versor Investments LP bought a new stake in shares of Enfusion during the third quarter valued at approximately $501,000. Finally, Belvedere Trading LLC bought a new stake in shares of Enfusion during the third quarter valued at approximately $114,000. Institutional investors own 81.05% of the company’s stock.

Enfusion Trading Down 2.7 %

ENFN opened at $10.08 on Tuesday. Enfusion, Inc. has a twelve month low of $7.52 and a twelve month high of $10.45. The stock has a market cap of $1.30 billion, a PE ratio of 259.06, a price-to-earnings-growth ratio of 3.87 and a beta of 0.93. The business’s 50 day moving average is $9.18 and its 200-day moving average is $8.86.

Enfusion Profile

Enfusion, Inc provides software-as-a-service solutions for investment management industry in the United States, Europe, the Middle East, Africa, and the Asia Pacific. The company provides Portfolio Management System, which generates a real-time investment book of record that consists of valuation and risk tools, which allows users to analyze aggregated or decomposed portfolio data for chief investment officers (CIOs) and portfolio managers; and Order and Execution Management System that enables portfolio managers, traders, compliance teams, and analysts to electronically communicate trade orders for a variety of asset classes, manage trade orders, and systemically enforce trading regulations and internal guidelines.