36,806 Shares in Torrid Holdings Inc. (NYSE:CURV) Acquired by XTX Topco Ltd

XTX Topco Ltd bought a new stake in shares of Torrid Holdings Inc. (NYSE:CURV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 36,806 shares of the company’s stock, valued at approximately $145,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its position in shares of Torrid by 8.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,941 shares of the company’s stock valued at $346,000 after acquiring an additional 6,968 shares during the period. GSA Capital Partners LLP increased its position in Torrid by 87.3% in the third quarter. GSA Capital Partners LLP now owns 108,234 shares of the company’s stock worth $425,000 after buying an additional 50,439 shares in the last quarter. Ritholtz Wealth Management raised its stake in shares of Torrid by 161.0% in the second quarter. Ritholtz Wealth Management now owns 38,180 shares of the company’s stock worth $286,000 after buying an additional 23,553 shares during the period. Quadrature Capital Ltd purchased a new position in shares of Torrid during the 3rd quarter valued at about $104,000. Finally, Maven Securities LTD bought a new position in shares of Torrid during the 3rd quarter valued at approximately $98,000. 81.82% of the stock is owned by institutional investors.

Torrid Stock Performance

CURV opened at $4.78 on Friday. The stock has a market capitalization of $500.74 million, a price-to-earnings ratio of 31.87, a PEG ratio of 1.20 and a beta of 2.01. The company has a fifty day moving average of $3.99 and a 200 day moving average of $5.60. Torrid Holdings Inc. has a fifty-two week low of $2.18 and a fifty-two week high of $9.14.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CURV shares. William Blair raised shares of Torrid from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 17th. Bank of America started coverage on shares of Torrid in a research note on Friday, December 6th. They set a “buy” rating and a $5.00 target price on the stock. Telsey Advisory Group cut their price target on Torrid from $8.00 to $5.00 and set a “market perform” rating for the company in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group lowered their price objective on Torrid from $4.50 to $4.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Torrid presently has an average rating of “Hold” and a consensus price target of $5.20.

Torrid Company Profile

Torrid Holdings Inc operates in women’s plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid, Torrid Curve, CURV, and Lovesick brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.