Fmr LLC Buys 19,459 Shares of Vera Bradley, Inc. (NASDAQ:VRA)

Fmr LLC raised its holdings in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 998.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,408 shares of the textile maker’s stock after buying an additional 19,459 shares during the period. Fmr LLC’s holdings in Vera Bradley were worth $117,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Davis R M Inc. bought a new stake in Vera Bradley during the third quarter valued at about $109,000. Empowered Funds LLC grew its position in Vera Bradley by 5.3% in the third quarter. Empowered Funds LLC now owns 144,210 shares of the textile maker’s stock worth $787,000 after acquiring an additional 7,236 shares in the last quarter. Royce & Associates LP lifted its position in Vera Bradley by 18.6% in the third quarter. Royce & Associates LP now owns 1,592,165 shares of the textile maker’s stock worth $8,693,000 after buying an additional 249,630 shares during the last quarter. Marquette Asset Management LLC boosted its stake in shares of Vera Bradley by 12.2% during the 3rd quarter. Marquette Asset Management LLC now owns 44,406 shares of the textile maker’s stock worth $242,000 after purchasing an additional 4,824 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Vera Bradley in the second quarter worth approximately $76,000. 59.88% of the stock is owned by institutional investors.

Vera Bradley Trading Down 1.1 %

NASDAQ VRA opened at $3.44 on Monday. The stock has a market cap of $95.38 million, a PE ratio of -5.83 and a beta of 1.91. The company’s 50-day moving average price is $5.14 and its 200-day moving average price is $5.67. Vera Bradley, Inc. has a 12 month low of $3.35 and a 12 month high of $8.32.

Vera Bradley Company Profile

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.