79,400 Shares in LuxExperience B.V. – Sponsored ADR $LUXE Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new stake in LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) during the 1st quarter, HoldingsChannel reports. The firm acquired 79,400 shares of the company’s stock, valued at approximately $635,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in LuxExperience B.V. in the fourth quarter worth $26,000. Larson Financial Group LLC bought a new stake in shares of LuxExperience B.V. in the fourth quarter valued at $52,000. HRT Financial LP purchased a new position in shares of LuxExperience B.V. during the 4th quarter valued at $114,000. XTX Topco Ltd purchased a new position in shares of LuxExperience B.V. during the 4th quarter valued at $125,000. Finally, Americana Partners LLC bought a new position in shares of LuxExperience B.V. during the 4th quarter worth $127,000. 10.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price objective on LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Wall Street Zen downgraded shares of LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a report on Monday, May 18th. Weiss Ratings downgraded shares of LuxExperience B.V. from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 2nd. Finally, TD Cowen cut their target price on shares of LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, LuxExperience B.V. currently has a consensus rating of “Hold” and a consensus target price of $9.50.

LuxExperience B.V. Stock Performance

Shares of LUXE opened at $8.27 on Tuesday. The company has a market cap of $708.31 million, a PE ratio of 2.02 and a beta of 1.07. The company has a current ratio of 2.33, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average price of $7.58 and a 200-day moving average price of $8.23. LuxExperience B.V. – Sponsored ADR has a 12-month low of $6.54 and a 12-month high of $11.38.

LuxExperience B.V. Profile

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.