15,716 Shares in Eve Holding, Inc. (NYSE:EVEX) Acquired by Intech Investment Management LLC

Intech Investment Management LLC acquired a new stake in Eve Holding, Inc. (NYSE:EVEX) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 15,716 shares of the company’s stock, valued at approximately $85,000.

Other institutional investors have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of EVE in the third quarter valued at about $40,000. Franklin Resources Inc. acquired a new position in shares of EVE during the third quarter worth approximately $53,000. SG Americas Securities LLC grew its stake in shares of EVE by 112.6% during the fourth quarter. SG Americas Securities LLC now owns 22,651 shares of the company’s stock valued at $123,000 after purchasing an additional 11,996 shares during the last quarter. Readystate Asset Management LP acquired a new stake in shares of EVE in the third quarter valued at approximately $83,000. Finally, Rhumbline Advisers raised its position in EVE by 80.7% in the 4th quarter. Rhumbline Advisers now owns 28,069 shares of the company’s stock worth $153,000 after purchasing an additional 12,539 shares during the last quarter. Institutional investors own 1.27% of the company’s stock.

Wall Street Analyst Weigh In

EVEX has been the topic of a number of recent research reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $5.00 price objective on shares of EVE in a research report on Friday, March 14th. Canaccord Genuity Group lifted their price objective on EVE from $6.75 to $7.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. HC Wainwright restated a “buy” rating and set a $6.00 target price on shares of EVE in a research report on Wednesday, March 12th. Finally, TD Cowen upgraded shares of EVE to a “hold” rating in a research report on Thursday, December 19th.

EVE Price Performance

Shares of EVEX opened at $3.50 on Friday. The company has a current ratio of 5.21, a quick ratio of 5.21 and a debt-to-equity ratio of 0.42. The stock has a market cap of $1.04 billion, a P/E ratio of -7.28 and a beta of 0.45. The stock’s 50-day moving average price is $4.21 and its two-hundred day moving average price is $3.97. Eve Holding, Inc. has a 1 year low of $2.33 and a 1 year high of $6.09.

EVE (NYSE:EVEX) last issued its quarterly earnings data on Friday, March 14th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.01. On average, equities analysts predict that Eve Holding, Inc. will post -0.5 earnings per share for the current year.

EVE Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.