XTX Topco Ltd Buys Shares of 27,955 D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS)

XTX Topco Ltd bought a new stake in shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 27,955 shares of the company’s stock, valued at approximately $80,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Jump Financial LLC purchased a new stake in shares of D-MARKET Electronic Services & Trading in the 4th quarter worth $66,000. NewEdge Advisors LLC increased its stake in shares of D-MARKET Electronic Services & Trading by 166.5% in the 4th quarter. NewEdge Advisors LLC now owns 43,937 shares of the company’s stock worth $133,000 after purchasing an additional 27,448 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in shares of D-MARKET Electronic Services & Trading in the 4th quarter worth $307,000. BNP Paribas Financial Markets purchased a new stake in shares of D-MARKET Electronic Services & Trading in the 4th quarter worth $2,735,000. Finally, Brightlight Capital Management LP purchased a new stake in shares of D-MARKET Electronic Services & Trading in the 4th quarter worth $14,533,000. 40.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded D-MARKET Electronic Services & Trading from a “strong sell” rating to a “hold” rating in a research note on Sunday, August 10th.

D-MARKET Electronic Services & Trading Trading Down 1.3%

Shares of D-MARKET Electronic Services & Trading stock opened at $2.96 on Friday. The company has a market capitalization of $951.28 million, a P/E ratio of -16.44 and a beta of 2.33. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.62 and a current ratio of 0.92. The company has a fifty day moving average of $2.75 and a 200 day moving average of $2.90. D-MARKET Electronic Services & Trading Unsponsored ADR has a fifty-two week low of $2.11 and a fifty-two week high of $4.05.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last issued its earnings results on Thursday, July 31st. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $431.50 million during the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 62.27% and a negative net margin of 4.22%. On average, sell-side analysts anticipate that D-MARKET Electronic Services & Trading Unsponsored ADR will post -0.03 earnings per share for the current fiscal year.

About D-MARKET Electronic Services & Trading

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.