PFSweb, Inc. (PFSW) Shares Sold by Granite Investment Partners LLC
Granite Investment Partners LLC decreased its holdings in PFSweb, Inc. (NASDAQ:PFSW) by 34.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,247 shares of the business services provider’s stock after selling 81,248 shares during the quarter. Granite Investment Partners LLC owned 0.82% of PFSweb worth $1,296,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Parametric Portfolio Associates LLC lifted its holdings in PFSweb by 25.7% during the first quarter. Parametric Portfolio Associates LLC now owns 23,503 shares of the business services provider’s stock valued at $153,000 after purchasing an additional 4,811 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of PFSweb by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 549,055 shares of the business services provider’s stock valued at $3,585,000 after acquiring an additional 15,789 shares in the last quarter. UBS Group AG increased its holdings in PFSweb by 194.9% in the 1st quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock worth $333,000 after buying an additional 33,637 shares during the period. Russell Investments Group Ltd. acquired a new position in PFSweb in the 2nd quarter worth approximately $535,000. Finally, Algert Global LLC acquired a new stake in shares of PFSweb during the 2nd quarter worth approximately $622,000. 57.83% of the stock is currently owned by institutional investors.
PFSweb, Inc. (PFSW) traded up $0.14 during trading hours on Wednesday, hitting $7.02. The stock had a trading volume of 26,000 shares, compared to its average volume of 70,772. The firm has a market capitalization of $130.86, a price-to-earnings ratio of 229.33 and a beta of 0.89. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.13 and a current ratio of 1.20. PFSweb, Inc. has a 1-year low of $5.83 and a 1-year high of $9.60.
PFSWEB, Inc is a global provider of omni-channel commerce solutions, including a range of technology, infrastructure and professional services. The Company’s service offerings include Website design, creation and integration, digital agency and marketing, e-commerce technologies, order management, customer care, logistics and fulfillment, financial management and professional consulting.
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