Sei Investments Co. Has $56,000 Holdings in MYT Netherlands Parent B.V. (NYSE:MYTE)

Sei Investments Co. lessened its stake in MYT Netherlands Parent B.V. (NYSE:MYTE) by 36.4% in the second quarter, Holdings Channel reports. The firm owned 11,075 shares of the company’s stock after selling 6,336 shares during the quarter. Sei Investments Co.’s holdings in MYT Netherlands Parent B.V. were worth $56,000 at the end of the most recent reporting period.

Separately, SageView Advisory Group LLC bought a new stake in shares of MYT Netherlands Parent B.V. in the 1st quarter valued at about $47,000. 10.07% of the stock is owned by institutional investors.

MYT Netherlands Parent B.V. Stock Performance

Shares of MYTE stock opened at $7.95 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 0.33. MYT Netherlands Parent B.V. has a one year low of $2.05 and a one year high of $8.24. The business’s 50 day simple moving average is $4.15 and its 200 day simple moving average is $4.37. The stock has a market capitalization of $677.90 million, a PE ratio of -26.50 and a beta of 1.12.

MYT Netherlands Parent B.V. (NYSE:MYTE) last released its earnings results on Thursday, September 12th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.11). The business had revenue of $240.24 million for the quarter, compared to analyst estimates of $248.12 million. MYT Netherlands Parent B.V. had a negative return on equity of 5.43% and a negative net margin of 2.84%. During the same period in the prior year, the business earned ($0.07) EPS.

MYT Netherlands Parent B.V. Profile

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.