Wexford Capital LP Takes Position in Eve Holding, Inc. (NYSE:EVEX)

Wexford Capital LP purchased a new stake in shares of Eve Holding, Inc. (NYSE:EVEX) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 22,523 shares of the company’s stock, valued at approximately $123,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in EVE by 29.0% in the 4th quarter. Geode Capital Management LLC now owns 1,096,885 shares of the company’s stock valued at $5,969,000 after buying an additional 246,863 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in EVE by 22.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 408,274 shares of the company’s stock valued at $2,221,000 after buying an additional 75,542 shares during the period. Voya Investment Management LLC purchased a new stake in EVE in the 4th quarter valued at about $75,000. JPMorgan Chase & Co. raised its holdings in EVE by 296.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company’s stock valued at $126,000 after buying an additional 29,029 shares during the period. Finally, Barclays PLC raised its holdings in EVE by 594.1% in the 3rd quarter. Barclays PLC now owns 43,931 shares of the company’s stock valued at $141,000 after buying an additional 37,602 shares during the period. Institutional investors and hedge funds own 1.27% of the company’s stock.

Analyst Upgrades and Downgrades

EVEX has been the topic of several research analyst reports. Cantor Fitzgerald restated an “overweight” rating and issued a $5.00 price objective on shares of EVE in a report on Friday, March 14th. HC Wainwright restated a “buy” rating and issued a $6.00 price objective on shares of EVE in a report on Wednesday, March 12th.

EVE Price Performance

Shares of EVEX opened at $4.82 on Tuesday. Eve Holding, Inc. has a fifty-two week low of $2.33 and a fifty-two week high of $6.09. The firm’s 50 day moving average price is $3.62 and its 200 day moving average price is $4.10. The company has a market cap of $1.43 billion, a P/E ratio of -10.04 and a beta of 0.53. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42.

EVE (NYSE:EVEX) last announced its earnings results on Monday, May 12th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.03). On average, research analysts forecast that Eve Holding, Inc. will post -0.5 earnings per share for the current fiscal year.

EVE Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.