B.O.S.S. Retirement Advisors LLC Buys Shares of 100,000 Purple Innovation, Inc. (NASDAQ:PRPL)

B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Purple Innovation, Inc. (NASDAQ:PRPLFree Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 100,000 shares of the company’s stock, valued at approximately $78,000.

A number of other institutional investors have also modified their holdings of the company. SG Americas Securities LLC lifted its stake in Purple Innovation by 70.2% during the 4th quarter. SG Americas Securities LLC now owns 35,272 shares of the company’s stock worth $28,000 after acquiring an additional 14,548 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Purple Innovation by 42.5% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 58,452 shares of the company’s stock worth $58,000 after purchasing an additional 17,425 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Purple Innovation in the third quarter valued at approximately $70,000. Renaissance Technologies LLC boosted its stake in shares of Purple Innovation by 316.3% in the second quarter. Renaissance Technologies LLC now owns 71,226 shares of the company’s stock valued at $74,000 after purchasing an additional 54,116 shares during the period. Finally, Barclays PLC grew its holdings in shares of Purple Innovation by 283.1% in the third quarter. Barclays PLC now owns 74,803 shares of the company’s stock valued at $74,000 after purchasing an additional 55,275 shares in the last quarter. 88.41% of the stock is owned by institutional investors and hedge funds.

Purple Innovation Price Performance

Purple Innovation stock opened at $1.25 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. Purple Innovation, Inc. has a 52-week low of $0.75 and a 52-week high of $2.33. The firm has a market cap of $134.64 million, a PE ratio of -1.25 and a beta of 2.08. The company’s 50 day moving average is $0.92 and its two-hundred day moving average is $1.02.

Purple Innovation (NASDAQ:PRPLGet Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.02. Purple Innovation had a negative return on equity of 84.67% and a negative net margin of 21.34%. The business had revenue of $118.60 million for the quarter, compared to analysts’ expectations of $125.64 million. During the same period last year, the firm earned ($0.18) earnings per share. On average, research analysts expect that Purple Innovation, Inc. will post -0.47 EPS for the current fiscal year.

Purple Innovation Company Profile

(Free Report)

Purple Innovation, Inc designs and manufactures sleep and other products in the United States and internationally. The company offers mattresses, pillows, cushions, bases, sheets, platforms, adjustable bases, mattress protectors, foundations, blankets, duvets, duvet covers, seat cushions, and pet beds under the Purple brand.

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Institutional Ownership by Quarter for Purple Innovation (NASDAQ:PRPL)

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