Ieq Capital LLC acquired a new position in Eve Holding, Inc. (NYSE:EVEX – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 272,962 shares of the company’s stock, valued at approximately $685,000. Ieq Capital LLC owned about 0.08% of EVE at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of EVEX. Renaissance Technologies LLC bought a new stake in shares of EVE during the first quarter worth $854,000. UBS Group AG boosted its holdings in EVE by 56.9% in the fourth quarter. UBS Group AG now owns 799,049 shares of the company’s stock valued at $3,188,000 after acquiring an additional 289,813 shares during the last quarter. BW Gestao de Investimentos Ltda. boosted its holdings in EVE by 49.7% in the fourth quarter. BW Gestao de Investimentos Ltda. now owns 3,686,140 shares of the company’s stock valued at $14,708,000 after acquiring an additional 1,223,719 shares during the last quarter. HITE Hedge Asset Management LLC acquired a new stake in EVE in the fourth quarter worth about $2,471,000. Finally, BlackRock Inc. acquired a new stake in EVE in the second quarter worth about $17,742,000. Institutional investors and hedge funds own 1.27% of the company’s stock.
EVE Price Performance
Shares of EVEX stock opened at $2.40 on Friday. Eve Holding, Inc. has a 12-month low of $2.10 and a 12-month high of $5.16. The firm has a market capitalization of $838.12 million, a price-to-earnings ratio of -3.88 and a beta of 1.14. The company has a quick ratio of 3.48, a current ratio of 3.48 and a debt-to-equity ratio of 13.65. The firm has a fifty day moving average of $2.53 and a 200-day moving average of $2.77.
Analysts Set New Price Targets
EVEX has been the topic of a number of research reports. D. Boral Capital assumed coverage on shares of EVE in a research report on Friday, August 21st. They set a “buy” rating and a $6.00 target price on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of EVE in a research note on Tuesday, July 21st. Canaccord Genuity Group dropped their price target on shares of EVE from $7.50 to $7.25 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Wall Street Zen upgraded shares of EVE from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of EVE from $6.00 to $6.50 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $5.93.
Check Out Our Latest Report on EVEX
About EVE
Eve Holding, Inc (NYSE: EVEX) is the publicly traded parent of Eve Air Mobility, a company dedicated to developing sustainable urban air mobility solutions. Through its engineering and design capabilities, Eve focuses on creating electric vertical takeoff and landing (eVTOL) aircraft tailored for short-haul passenger and cargo transport in densely populated areas.
The company’s flagship offering is an eVTOL aircraft designed to deliver clean, quiet and efficient point-to-point service, backed by an integrated digital platform for air traffic management.
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