SG Americas Securities LLC acquired a new stake in Blue Apron Holdings Inc (NASDAQ:APRN) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 28,222 shares of the company’s stock, valued at approximately $264,000. SG Americas Securities LLC owned 0.09% of Blue Apron Holdings at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Obermeyer Wood Investment Counsel Lllp purchased a new stake in Blue Apron Holdings in the 2nd quarter valued at about $110,000. DekaBank Deutsche Girozentrale purchased a new stake in Blue Apron Holdings in the 2nd quarter valued at about $220,000. Russell Investments Group Ltd. purchased a new stake in Blue Apron Holdings in the 2nd quarter valued at about $464,000. Finally, LMR Partners LLP purchased a new stake in Blue Apron Holdings in the 2nd quarter valued at about $2,195,000.

Shares of Blue Apron Holdings Inc (NASDAQ:APRN) opened at 6.06 on Friday. Blue Apron Holdings Inc has a 12-month low of $5.00 and a 12-month high of $11.00. The company’s market cap is $182.06 million. The stock has a 50 day moving average of $5.59 and a 200 day moving average of $6.33.

Blue Apron Holdings (NASDAQ:APRN) last posted its quarterly earnings data on Thursday, August 10th. The company reported ($0.47) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by ($0.21). The firm had revenue of $238.10 million for the quarter, compared to analyst estimates of $235.78 million. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. Analysts forecast that Blue Apron Holdings Inc will post ($1.60) earnings per share for the current year.

Several equities research analysts have issued reports on the stock. CIBC assumed coverage on shares of Blue Apron Holdings in a research report on Monday, July 24th. They issued an “outperform” rating and a $11.00 price objective for the company. Citigroup Inc. assumed coverage on shares of Blue Apron Holdings in a research report on Tuesday, July 25th. They issued a “buy” rating and a $10.00 price objective for the company. Raymond James Financial, Inc. assumed coverage on shares of Blue Apron Holdings in a research report on Monday, July 24th. They issued a “market perform” rating for the company. Oppenheimer Holdings, Inc. assumed coverage on shares of Blue Apron Holdings in a research report on Monday, July 24th. They issued an “outperform” rating and a $11.00 price objective for the company. Finally, Morgan Stanley assumed coverage on shares of Blue Apron Holdings in a research report on Monday, July 24th. They issued an “equal weight” rating and a $7.50 price objective for the company. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $7.67.

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About Blue Apron Holdings

Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.

Institutional Ownership by Quarter for Blue Apron Holdings (NASDAQ:APRN)

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