Insider Selling: E2open Parent Holdings, Inc. (NYSE:ETWO) COO Sells $23,954.00 in Stock

E2open Parent Holdings, Inc. (NYSE:ETWOGet Rating) COO Peter Hantman sold 3,422 shares of the stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $7.00, for a total transaction of $23,954.00. Following the completion of the sale, the chief operating officer now owns 137,773 shares in the company, valued at $964,411. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Peter Hantman also recently made the following trade(s):

  • On Wednesday, August 3rd, Peter Hantman sold 21,578 shares of E2open Parent stock. The shares were sold at an average price of $7.06, for a total transaction of $152,340.68.
  • On Friday, July 1st, Peter Hantman sold 25,000 shares of E2open Parent stock. The shares were sold at an average price of $7.93, for a total transaction of $198,250.00.
  • On Wednesday, June 8th, Peter Hantman sold 25,000 shares of E2open Parent stock. The shares were sold at an average price of $8.36, for a total transaction of $209,000.00.

E2open Parent Price Performance

Shares of ETWO stock opened at $7.19 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.75 and a current ratio of 0.75. The company’s 50 day moving average price is $7.54 and its two-hundred day moving average price is $8.19. E2open Parent Holdings, Inc. has a 52 week low of $6.07 and a 52 week high of $13.32.

E2open Parent (NYSE:ETWOGet Rating) last posted its quarterly earnings data on Monday, July 11th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). E2open Parent had a negative net margin of 6.71% and a positive return on equity of 1.75%. During the same quarter last year, the company earned ($0.76) earnings per share. Equities research analysts forecast that E2open Parent Holdings, Inc. will post 0.27 earnings per share for the current year.

Institutional Trading of E2open Parent

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of E2open Parent by 6.1% in the first quarter. Vanguard Group Inc. now owns 24,665,559 shares of the company’s stock valued at $217,305,000 after purchasing an additional 1,422,730 shares during the last quarter. Elliott Investment Management L.P. grew its stake in shares of E2open Parent by 3.0% in the first quarter. Elliott Investment Management L.P. now owns 16,165,321 shares of the company’s stock valued at $142,416,000 after buying an additional 469,857 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of E2open Parent by 83.7% in the first quarter. Goldman Sachs Group Inc. now owns 8,103,999 shares of the company’s stock valued at $71,396,000 after buying an additional 3,692,914 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of E2open Parent by 24.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 4,449,028 shares of the company’s stock valued at $34,613,000 after buying an additional 882,013 shares in the last quarter. Finally, State Street Corp grew its stake in shares of E2open Parent by 5.2% in the first quarter. State Street Corp now owns 3,855,191 shares of the company’s stock valued at $33,964,000 after buying an additional 191,191 shares in the last quarter. 98.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. Loop Capital dropped their target price on shares of E2open Parent from $16.00 to $12.00 in a report on Thursday, April 28th. Bank of America upgraded shares of E2open Parent from a “neutral” rating to a “buy” rating in a report on Thursday, April 21st.

About E2open Parent

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E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management SaaS platform in the Americas, Europe, and the Asia Pacific. The company's software solutions orchestrate supply chains and realize value and return on investment for its blue-chip customers. Its software combines networks, data, and applications to provide a platform that allows customers to optimize their supply chain across channel shaping, demand sensing, business planning, global trade management, transportation and logistics, collaborative manufacturing, and supply management.

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Insider Buying and Selling by Quarter for E2open Parent (NYSE:ETWO)

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