Sanctuary Advisors LLC Purchases Shares of 79,400 LuxExperience B.V. – Sponsored ADR $LUXE

Sanctuary Advisors LLC acquired a new position in shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 79,400 shares of the company’s stock, valued at approximately $635,000. Sanctuary Advisors LLC owned approximately 0.09% of LuxExperience B.V. as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. TD Cowen cut their price objective on shares of LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. 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. JPMorgan Chase & Co. lowered their target price on shares of LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Finally, Wall Street Zen lowered shares of LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a research report on Monday, May 18th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $9.50.

LuxExperience B.V. Trading Up 3.3%

NYSE LUXE opened at $8.27 on Tuesday. The business’s fifty day moving average is $7.58 and its 200-day moving average is $8.23. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.33 and a quick ratio of 0.81. The stock has a market capitalization of $708.31 million, a price-to-earnings ratio of 2.02 and a beta of 1.07. LuxExperience B.V. – Sponsored ADR has a one year low of $6.54 and a one year high of $11.38.

LuxExperience B.V. Company 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.