Citadel Advisors LLC bought a new position in shares of Blue Apron Holdings Inc (NASDAQ:APRN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 112,864 shares of the company’s stock, valued at approximately $1,054,000. Citadel Advisors LLC owned 0.38% of Blue Apron Holdings as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Obermeyer Wood Investment Counsel Lllp acquired a new position in shares of Blue Apron Holdings in the 2nd quarter valued at $110,000. Legal & General Group Plc acquired a new position in shares of Blue Apron Holdings in the 2nd quarter valued at $187,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Blue Apron Holdings in the 2nd quarter valued at $220,000. SG Americas Securities LLC acquired a new position in shares of Blue Apron Holdings in the 2nd quarter valued at $264,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of Blue Apron Holdings in the 2nd quarter valued at $464,000.

APRN has been the subject of several research analyst reports. Northcoast Research initiated coverage on shares of Blue Apron Holdings in a report on Tuesday, July 11th. They issued a “sell” rating and a $2.00 price target for the company. Oppenheimer Holdings, Inc. initiated coverage on shares of Blue Apron Holdings in a report on Monday, July 24th. They issued an “outperform” rating and a $11.00 price target for the company. Zacks Investment Research lowered shares of Blue Apron Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, September 12th. Citigroup Inc. initiated coverage on shares of Blue Apron Holdings in a report on Tuesday, July 25th. They issued a “buy” rating and a $10.00 price target for the company. Finally, CIBC reissued a “market perform” rating on shares of Blue Apron Holdings in a report on Monday, August 21st. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $7.77.

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Shares of Blue Apron Holdings Inc (APRN) opened at 5.34 on Thursday. The company has a 50-day moving average of $5.42 and a 200 day moving average of $6.16. Blue Apron Holdings Inc has a 52-week low of $5.00 and a 52-week high of $11.00. The company’s market capitalization is $160.43 million.

Blue Apron Holdings (NASDAQ:APRN) last announced its quarterly earnings results on Thursday, August 10th. The company reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.21). The firm had revenue of $238.10 million during the quarter, compared to analyst estimates of $235.78 million. The business’s revenue was up 17.9% compared to the same quarter last year. Analysts predict that Blue Apron Holdings Inc will post ($1.56) earnings per share for the current year.

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.

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

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