Royce & Associates LP Buys 301,522 Shares of Vera Bradley, Inc. (NASDAQ:VRA)

Royce & Associates LP raised its position in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 18.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,893,687 shares of the textile maker’s stock after acquiring an additional 301,522 shares during the period. Royce & Associates LP owned approximately 6.83% of Vera Bradley worth $7,442,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in Vera Bradley in the 4th quarter valued at about $2,792,000. Potrero Capital Research LLC bought a new stake in shares of Vera Bradley in the 3rd quarter valued at about $2,621,000. Peapod Lane Capital LLC purchased a new position in Vera Bradley in the fourth quarter worth $1,823,000. BNP Paribas Financial Markets increased its position in Vera Bradley by 619.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 36,891 shares of the textile maker’s stock valued at $201,000 after buying an additional 31,765 shares in the last quarter. Finally, Pathway Financial Advisers LLC purchased a new stake in shares of Vera Bradley during the fourth quarter worth about $118,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Vera Bradley Stock Down 4.0 %

Shares of Vera Bradley stock opened at $2.63 on Wednesday. The company has a 50 day moving average price of $3.36 and a 200 day moving average price of $4.41. The firm has a market capitalization of $72.92 million, a P/E ratio of -4.46 and a beta of 1.99. Vera Bradley, Inc. has a 52 week low of $2.15 and a 52 week high of $8.33.

Vera Bradley Profile

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.