Luxor Capital Group LP Invests $5.83 Million in LuxExperience B.V. – Sponsored ADR $LUXE

Luxor Capital Group LP bought a new stake in LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 686,404 shares of the company’s stock, valued at approximately $5,834,000. Luxor Capital Group LP owned 0.80% of LuxExperience B.V. as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State of Wyoming bought a new stake in LuxExperience B.V. in the third quarter valued at approximately $49,000. Millennium Management LLC bought a new position in shares of LuxExperience B.V. during the 3rd quarter worth approximately $134,000. R Squared Ltd acquired a new position in shares of LuxExperience B.V. during the 3rd quarter worth approximately $140,000. GSA Capital Partners LLP bought a new stake in LuxExperience B.V. in the 3rd quarter valued at $211,000. Finally, Fiscal Wisdom Wealth Management LLC acquired a new stake in LuxExperience B.V. during the 3rd quarter valued at $236,000. Institutional investors own 10.07% of the company’s stock.

LuxExperience B.V. Stock Up 2.0%

Shares of NYSE:LUXE opened at $8.24 on Tuesday. LuxExperience B.V. – Sponsored ADR has a 12-month low of $6.18 and a 12-month high of $11.38. The stock’s 50 day simple moving average is $8.75. The firm has a market cap of $706.17 million, a price-to-earnings ratio of 1.91 and a beta of 1.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.83 and a current ratio of 2.12.

Wall Street Analyst Weigh In

LUXE has been the subject of a number of research analyst reports. Jefferies Financial Group began coverage on shares of LuxExperience B.V. in a research report on Wednesday, January 14th. They set a “hold” rating and a $9.00 price objective for the company. Zacks Research cut shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. B. Riley Financial started coverage on shares of LuxExperience B.V. in a report on Thursday, January 15th. They set a “buy” rating and a $12.00 target price for the company. JPMorgan Chase & Co. lowered shares of LuxExperience B.V. from an “overweight” rating to a “neutral” rating and set a $10.00 price target on the stock. in a research note on Wednesday, February 18th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of LuxExperience B.V. in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, LuxExperience B.V. presently has an average rating of “Hold” and a consensus target price of $10.33.

About LuxExperience B.V.

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.