SG Americas Securities LLC Purchases 11,996 Shares of Eve Holding, Inc. (NYSE:EVEX)

SG Americas Securities LLC boosted its holdings in shares of Eve Holding, Inc. (NYSE:EVEX) by 112.6% during the 4th quarter, Holdings Channel reports. The firm owned 22,651 shares of the company’s stock after buying an additional 11,996 shares during the period. SG Americas Securities LLC’s holdings in EVE were worth $123,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EVEX. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of EVE in the 3rd quarter worth approximately $40,000. Franklin Resources Inc. purchased a new position in EVE during the 3rd quarter worth $53,000. Readystate Asset Management LP purchased a new position in EVE during the 3rd quarter worth $83,000. JPMorgan Chase & Co. grew its stake in EVE by 296.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company’s stock valued at $126,000 after purchasing an additional 29,029 shares during the last quarter. Finally, Barclays PLC grew its stake in EVE by 594.1% during the 3rd quarter. Barclays PLC now owns 43,931 shares of the company’s stock valued at $141,000 after purchasing an additional 37,602 shares during the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

EVE Stock Down 4.0 %

EVE stock opened at $4.54 on Wednesday. The stock’s fifty day moving average is $4.88 and its two-hundred day moving average is $3.72. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. Eve Holding, Inc. has a 1-year low of $2.33 and a 1-year high of $6.89. The stock has a market cap of $1.35 billion, a PE ratio of -9.46 and a beta of 0.41.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $5.00 target price on shares of EVE in a research note on Tuesday, November 5th. Canaccord Genuity Group increased their target price on EVE from $6.75 to $7.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, TD Cowen raised EVE to a “hold” rating in a report on Thursday, December 19th.

EVE Company 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.