LuxExperience B.V. – Sponsored ADR (LUXE) – What Are Analysts Saying About This Stock?

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $11.18.

LUXE has been the topic of a number of recent analyst reports. B. Riley Financial increased their price objective on LuxExperience B.V. from $12.00 to $13.00 and gave the company a “buy” rating in a report on Thursday, September 17th. Weiss Ratings upgraded LuxExperience B.V. from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 9th. JPMorgan Chase & Co. lifted their price target on LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday, September 17th. Sanford C. Bernstein started coverage on shares of LuxExperience B.V. in a research report on Tuesday, October 6th. They set an “outperform” rating and a $12.90 target price on the stock. Finally, Zacks Research raised shares of LuxExperience B.V. from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 15th.

Insiders Place Their Bets

In other LuxExperience B.V. news, CEO Michael Kliger sold 8,460 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $10.08, for a total transaction of $85,276.80. Following the sale, the chief executive officer directly owned 8,460 shares in the company, valued at approximately $85,276.80. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders sold 417,861 shares of company stock valued at $4,218,080. 1.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in shares of LuxExperience B.V. by 59.3% in the 3rd quarter. GAMMA Investing LLC now owns 4,194 shares of the company’s stock worth $42,000 after acquiring an additional 1,561 shares during the period. Bank of America Corp DE increased its stake in LuxExperience B.V. by 2,291.9% in the 1st quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock valued at $136,000 after purchasing an additional 16,341 shares in the last quarter. Engineers Gate Manager LP raised its holdings in LuxExperience B.V. by 212.2% during the second quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock worth $485,000 after purchasing an additional 44,345 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in LuxExperience B.V. during the first quarter worth $635,000. Finally, Royal Bank of Canada boosted its position in LuxExperience B.V. by 12.0% during the first quarter. Royal Bank of Canada now owns 127,621 shares of the company’s stock worth $1,020,000 after purchasing an additional 13,664 shares in the last quarter. 10.07% of the stock is owned by hedge funds and other institutional investors.

LuxExperience B.V. Trading Up 5.7%

NYSE:LUXE opened at $9.53 on Friday. The firm has a market cap of $816.45 million, a PE ratio of -6.66 and a beta of 1.02. The stock has a fifty day moving average price of $8.87 and a 200 day moving average price of $8.37. LuxExperience B.V. has a 12-month low of $6.54 and a 12-month high of $11.38. The company has a current ratio of 2.20, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12.

About LuxExperience B.V.

LuxExperience B.V. is a global luxury e-commerce company that operates digital platforms serving fashion and lifestyle customers. The company’s portfolio includes Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET, offering designer apparel, accessories, jewelry, watches, beauty products and related luxury goods.

Its platforms provide curated selections from luxury and premium brands, combining online retail with services such as editorial content, personalized shopping and customer support.