XTX Topco Ltd Has $39,000 Stake in Aterian, Inc. (NASDAQ:ATER)

XTX Topco Ltd lowered its stake in shares of Aterian, Inc. (NASDAQ:ATER) by 36.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 13,387 shares of the company’s stock after selling 7,587 shares during the quarter. XTX Topco Ltd’s holdings in Aterian were worth $39,000 at the end of the most recent reporting period.

Separately, Essex Investment Management Co. LLC acquired a new position in Aterian in the 3rd quarter valued at $102,000. 7.02% of the stock is owned by hedge funds and other institutional investors.

Aterian Stock Performance

ATER opened at $2.24 on Monday. Aterian, Inc. has a 52-week low of $1.90 and a 52-week high of $6.54. The firm has a market cap of $19.61 million, a P/E ratio of -0.82 and a beta of 2.04. The business’s fifty day moving average is $2.67 and its 200-day moving average is $2.78.

Aterian (NASDAQ:ATER) last posted its quarterly earnings data on Monday, November 11th. The company reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.55) by $0.30. Aterian had a negative net margin of 17.05% and a negative return on equity of 56.01%. The business had revenue of $26.24 million during the quarter.

Aterian Company Profile

Aterian, Inc, together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. Its platform offers home and kitchen appliances; kitchenware; cooling and air quality appliances, such as dehumidifiers; health and beauty products; and essential oils under the Squatty Potty, hOmeLabs, Mueller, Pursteam, Healing Solutions, and Photo Paper Direct brand names.