Virtu Financial LLC Buys Shares of 11,982 PetMed Express, Inc. (NASDAQ:PETS)

Virtu Financial LLC purchased a new position in PetMed Express, Inc. (NASDAQ:PETS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,982 shares of the company’s stock, valued at approximately $58,000.

Separately, R Squared Ltd bought a new position in PetMed Express in the fourth quarter worth approximately $31,000. 73.33% of the stock is currently owned by institutional investors.

PetMed Express Stock Performance

NASDAQ:PETS opened at $4.19 on Tuesday. The stock has a market capitalization of $86.55 million, a P/E ratio of 419.42 and a beta of 0.78. The company’s 50-day simple moving average is $4.46 and its 200-day simple moving average is $4.54. PetMed Express, Inc. has a fifty-two week low of $2.90 and a fifty-two week high of $6.85.

PetMed Express (NASDAQ:PETS) last released its quarterly earnings results on Monday, February 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.02). PetMed Express had a return on equity of 0.37% and a net margin of 0.14%. On average, research analysts forecast that PetMed Express, Inc. will post 0.19 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut PetMed Express from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th.

About PetMed Express

PetMed Express, Inc, together with its subsidiaries, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and other supplies for dogs, cats, and horses. It offers non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and household pet supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes.