1,100,000 Shares in Eve Holding, Inc. $EVEX Purchased by Kapitalo Investimentos Ltda

Kapitalo Investimentos Ltda purchased a new position in Eve Holding, Inc. (NYSE:EVEX) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,100,000 shares of the company’s stock, valued at approximately $2,761,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of EVEX. Amundi boosted its position in shares of EVE by 10.7% during the 3rd quarter. Amundi now owns 30,426 shares of the company’s stock valued at $116,000 after purchasing an additional 2,941 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of EVE by 144.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 5,276 shares of the company’s stock worth $36,000 after purchasing an additional 3,121 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of EVE by 13.1% in the 3rd quarter. Bank of America Corp DE now owns 43,324 shares of the company’s stock worth $165,000 after purchasing an additional 5,025 shares in the last quarter. SG Americas Securities LLC lifted its stake in EVE by 52.3% during the first quarter. SG Americas Securities LLC now owns 17,001 shares of the company’s stock valued at $42,000 after purchasing an additional 5,840 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in EVE by 47.0% during the fourth quarter. Invesco Ltd. now owns 20,038 shares of the company’s stock valued at $80,000 after purchasing an additional 6,403 shares during the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EVEX. D. Boral Capital began coverage on shares of EVE in a research report on Friday, August 21st. They issued a “buy” rating and a $6.00 price target on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of EVE in a research report on Tuesday, July 21st. Wall Street Zen upgraded EVE from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Jefferies Financial Group set a $5.00 price objective on EVE in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. lifted their target price on EVE from $6.00 to $6.50 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $5.93.

EVE Trading Down 1.4%

EVE stock opened at $2.44 on Wednesday. The company has a 50 day moving average price of $2.55 and a 200 day moving average price of $2.78. Eve Holding, Inc. has a 52 week low of $2.10 and a 52 week high of $5.16. The company has a debt-to-equity ratio of 13.65, a quick ratio of 3.48 and a current ratio of 3.48. The firm has a market capitalization of $852.06 million, a price-to-earnings ratio of -3.94 and a beta of 1.14.

EVE (NYSE:EVEX) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.08. Research analysts forecast that Eve Holding, Inc. will post -0.69 EPS for the current year.

EVE Company Profile

Eve Holding, Inc (NYSE: EVEX) is the publicly traded parent of Eve Air Mobility, a company dedicated to developing sustainable urban air mobility solutions. Through its engineering and design capabilities, Eve focuses on creating electric vertical takeoff and landing (eVTOL) aircraft tailored for short-haul passenger and cargo transport in densely populated areas.

The company’s flagship offering is an eVTOL aircraft designed to deliver clean, quiet and efficient point-to-point service, backed by an integrated digital platform for air traffic management.