EAM Investors Discloses New Long Position in Blue Apron

According to a recent Form 13F filing submitted to the Securities and Exchange Commission, EAM Investors LLC disclosed a noteworthy and bullish investment in APRN stock. Here’s what you need to know about Blue Apron Holdings, Inc., as well as EAM Investors LLC and their long position in shares of APRN stock:

About EAM Investors LLC

Founded in 2007, Solana Beach, California-based EAM Investors is an investment management firm focused on delivering alpha for clients in global equity markets.

About Blue Apron Holdings, Inc. (APRN)

Blue Apron Holdings, Inc. operates a direct-to-consumer platform that delivers original recipes with fresh and seasonal ingredients. It also operates Blue Apron Market, an e-commerce market that provides cooking tools, utensils, pantry items, and other products. In addition, the company offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals. It serves young couples, families, singles, and empty nesters. The company offers its services through order selections on Website or mobile application primarily in the United States. Blue Apron Holdings, Inc. was founded in 2012 and is headquartered in New York, New York.

EAM Investors LLC Buys Stock in APRN

According to the most recent 13F filed by EAM Investors LLC, the firm added 192,763 shares of APRN stock to it holdings in the recent quarter. That brings their total long position in Blue Apron Holdings, Inc. to 192,763 shares, representing approximately 0.4870% of the 39,578,597 APRN shares outstanding. Based on the most recent closing price of $1.18 per share of APRN, the entire EAM Investors LLC position in Blue Apron Holdings, Inc. is worth roughly $227,460.34.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like EAM Investors LLC. Also be sure to check out more recent 13F filing analysis news here.