Nomura Holdings Inc. Has $8.10 Million Stake in Vera Bradley, Inc. (NASDAQ:VRA)

Nomura Holdings Inc. lessened its stake in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 25.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,060,300 shares of the textile maker’s stock after selling 702,591 shares during the period. Nomura Holdings Inc. owned 7.43% of Vera Bradley worth $8,097,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC purchased a new position in shares of Vera Bradley in the fourth quarter worth about $2,792,000. Royce & Associates LP grew its position in shares of Vera Bradley by 18.9% during the 4th quarter. Royce & Associates LP now owns 1,893,687 shares of the textile maker’s stock valued at $7,442,000 after acquiring an additional 301,522 shares during the period. Fund 1 Investments LLC grew its position in shares of Vera Bradley by 6.4% during the 4th quarter. Fund 1 Investments LLC now owns 2,783,155 shares of the textile maker’s stock valued at $10,938,000 after acquiring an additional 168,000 shares during the period. Quinn Opportunity Partners LLC purchased a new position in shares of Vera Bradley during the fourth quarter valued at about $3,957,000. Finally, Peapod Lane Capital LLC purchased a new position in shares of Vera Bradley during the fourth quarter valued at about $1,823,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

Vera Bradley Stock Performance

Vera Bradley stock opened at $2.09 on Thursday. The company has a market capitalization of $58.35 million, a PE ratio of -3.54 and a beta of 1.76. The company has a 50 day moving average price of $2.15 and a 200-day moving average price of $3.49. Vera Bradley, Inc. has a fifty-two week low of $1.72 and a fifty-two week high of $8.33.

About Vera Bradley

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.