Nixon Capital LLC Increases Holdings in MYT Netherlands Parent B.V. $MYTE

Nixon Capital LLC grew its holdings in MYT Netherlands Parent B.V. (NYSE:MYTE) by 158.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,090,099 shares of the company’s stock after acquiring an additional 667,689 shares during the quarter. MYT Netherlands Parent B.V. comprises 2.5% of Nixon Capital LLC’s investment portfolio, making the stock its 19th biggest holding. Nixon Capital LLC’s holdings in MYT Netherlands Parent B.V. were worth $8,328,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Cannell Capital LLC acquired a new position in MYT Netherlands Parent B.V. in the second quarter valued at approximately $3,243,000. Zweig DiMenna Associates LLC purchased a new stake in shares of MYT Netherlands Parent B.V. during the 2nd quarter worth approximately $3,176,000. Royal Bank of Canada lifted its position in shares of MYT Netherlands Parent B.V. by 49,861.8% during the 1st quarter. Royal Bank of Canada now owns 82,437 shares of the company’s stock worth $623,000 after buying an additional 82,272 shares during the last quarter. Monimus Capital Management LP boosted its holdings in shares of MYT Netherlands Parent B.V. by 174.3% in the 2nd quarter. Monimus Capital Management LP now owns 124,147 shares of the company’s stock valued at $986,000 after buying an additional 78,888 shares in the last quarter. Finally, Avalon Global Asset Management LLC grew its position in shares of MYT Netherlands Parent B.V. by 6.2% in the 2nd quarter. Avalon Global Asset Management LLC now owns 855,000 shares of the company’s stock valued at $6,789,000 after buying an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 10.07% of the company’s stock.

MYT Netherlands Parent B.V. Price Performance

Shares of MYTE opened at $8.26 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.78 and a quick ratio of 0.22. MYT Netherlands Parent B.V. has a 1-year low of $3.22 and a 1-year high of $12.50. The stock has a market cap of $707.87 million, a PE ratio of -19.21 and a beta of 1.08. The firm has a fifty day moving average price of $9.03 and a 200 day moving average price of $8.60.

MYT Netherlands Parent B.V. 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, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. 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.