Nixon Capital LLC Makes New $10.71 Million Investment in LuxExperience B.V. – Sponsored ADR $LUXE

Nixon Capital LLC bought a new position in LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,282,713 shares of the company’s stock, valued at approximately $10,711,000. LuxExperience B.V. comprises approximately 2.8% of Nixon Capital LLC’s portfolio, making the stock its 16th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. State of Wyoming increased its stake in shares of LuxExperience B.V. by 216.9% in the 4th quarter. State of Wyoming now owns 18,143 shares of the company’s stock worth $151,000 after acquiring an additional 12,418 shares during the last quarter. Americana Partners LLC acquired a new stake in shares of LuxExperience B.V. in the 4th quarter worth $127,000. GSA Capital Partners LLP increased its stake in shares of LuxExperience B.V. by 586.2% in the 4th quarter. GSA Capital Partners LLP now owns 170,290 shares of the company’s stock worth $1,422,000 after acquiring an additional 145,472 shares during the last quarter. Larson Financial Group LLC purchased a new position in shares of LuxExperience B.V. during the 4th quarter worth $52,000. Finally, Fiscal Wisdom Wealth Management LLC grew its holdings in shares of LuxExperience B.V. by 41.4% during the 4th quarter. Fiscal Wisdom Wealth Management LLC now owns 38,315 shares of the company’s stock worth $320,000 after purchasing an additional 11,225 shares during the period. 10.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. TD Cowen lowered their price target on LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Weiss Ratings cut LuxExperience B.V. from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 2nd. Wall Street Zen cut LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. lowered their price target 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. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $9.50.

LuxExperience B.V. Stock Performance

Shares of LuxExperience B.V. stock opened at $7.05 on Thursday. The business has a 50-day moving average of $8.05 and a 200 day moving average of $8.52. LuxExperience B.V. – Sponsored ADR has a 12 month low of $6.54 and a 12 month high of $11.38. The stock has a market capitalization of $604.52 million, a price-to-earnings ratio of 1.72 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.33 and a quick ratio of 0.81.

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.