Capital World Investors bought a new stake in shares of Blue Apron Holdings Inc (NASDAQ:APRN) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,905,400 shares of the company’s stock, valued at approximately $36,476,000. Capital World Investors owned approximately 13.00% of Blue Apron Holdings at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in APRN. Obermeyer Wood Investment Counsel Lllp bought a new stake in shares of Blue Apron Holdings during the 2nd quarter valued at $110,000. Legal & General Group Plc bought a new stake in shares of Blue Apron Holdings during the 2nd quarter valued at $187,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Blue Apron Holdings during the 2nd quarter valued at $220,000. SG Americas Securities LLC bought a new stake in shares of Blue Apron Holdings during the 2nd quarter valued at $264,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of Blue Apron Holdings during the 2nd quarter valued at $464,000.

A number of analysts have recently commented on APRN shares. Barclays PLC dropped their target price on shares of Blue Apron Holdings from $7.00 to $5.00 and set an “equal weight” rating on the stock in a report on Friday, August 11th. Oppenheimer Holdings, Inc. restated a “market perform” rating on shares of Blue Apron Holdings in a report on Monday, August 21st. Stifel Nicolaus restated a “buy” rating and set a $8.00 target price (down previously from $10.00) on shares of Blue Apron Holdings in a report on Friday, August 11th. UBS AG started coverage on shares of Blue Apron Holdings in a report on Monday, July 24th. They set a “market perform” rating on the stock. Finally, Morgan Stanley started coverage on shares of Blue Apron Holdings in a report on Monday, July 24th. They set an “equal weight” rating and a $7.50 target price on the stock. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company’s stock. Blue Apron Holdings currently has a consensus rating of “Hold” and an average target price of $7.77.

Blue Apron Holdings Inc (APRN) opened at 5.25 on Friday. The stock’s market cap is $157.73 million. The stock has a 50 day moving average price of $5.41 and a 200 day moving average price of $6.14. Blue Apron Holdings Inc has a 52-week low of $5.00 and a 52-week high of $11.00.

Blue Apron Holdings (NASDAQ:APRN) last issued its quarterly earnings data 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 company had revenue of $238.10 million during the quarter, compared to the consensus estimate of $235.78 million. The business’s quarterly revenue was up 17.9% on a year-over-year basis. Analysts expect that Blue Apron Holdings Inc will post ($1.56) EPS for the current fiscal year.

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Blue Apron Holdings Company Profile

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.

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

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