Scalar Gauge Management LLC Raises Holdings in Global Blue Group Holding AG (NYSE:GB)

Scalar Gauge Management LLC raised its position in shares of Global Blue Group Holding AG (NYSE:GB) by 17.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 339,651 shares of the company’s stock after acquiring an additional 50,668 shares during the period. Global Blue Group makes up 1.1% of Scalar Gauge Management LLC’s portfolio, making the stock its 22nd biggest position. Scalar Gauge Management LLC owned about 0.17% of Global Blue Group worth $2,354,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Atom Investors LP increased its position in shares of Global Blue Group by 20.2% in the third quarter. Atom Investors LP now owns 75,001 shares of the company’s stock worth $410,000 after acquiring an additional 12,625 shares in the last quarter. WCM Investment Management LLC increased its holdings in Global Blue Group by 3.0% in the 4th quarter. WCM Investment Management LLC now owns 1,990,631 shares of the company’s stock valued at $13,437,000 after purchasing an additional 57,889 shares in the last quarter. Finally, Orion Portfolio Solutions LLC acquired a new stake in Global Blue Group in the 4th quarter valued at $73,000. 89.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Oppenheimer downgraded Global Blue Group from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 27th.

Global Blue Group Stock Up 0.1 %

Shares of NYSE:GB opened at $7.37 on Monday. The company has a 50 day moving average of $7.14 and a two-hundred day moving average of $6.39. Global Blue Group Holding AG has a 52-week low of $4.29 and a 52-week high of $8.00. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 5.30. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 35.07 and a beta of 0.41.

About Global Blue Group

Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).