Fintel reports that on April 19, 2024, Small Cap Consumer Research initiated coverage of a.k.a. Brands Holding (NYSE:AKA) with a Buy recommendation.
Analyst Price Forecast Suggests 7.24% Downside
As of April 17, 2024, the average one-year price target for a.k.a. Brands Holding is 10.37. The forecasts range from a low of 9.60 to a high of $11.55. The average price target represents a decrease of 7.24% from its latest reported closing price of 11.18.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for a.k.a. Brands Holding is 764MM, an increase of 39.84%. The projected annual non-GAAP EPS is 0.16.
What is the Fund Sentiment?
There are 16 funds or institutions reporting positions in a.k.a. Brands Holding. This is a decrease of 13 owner(s) or 44.83% in the last quarter. Average portfolio weight of all funds dedicated to AKA is 0.00%, a decrease of 99.66%. Total shares owned by institutions decreased in the last three months by 99.25% to 52K shares. 
The put/call ratio of AKA is 0.00, indicating a bullish outlook.
What are Other Shareholders Doing?
Renaissance Technologies holds 22K shares representing 0.21% ownership of the company.
Northern Trust holds 11K shares representing 0.10% ownership of the company.
Signaturefd holds 10K shares representing 0.09% ownership of the company. No change in the last quarter.
FSMAX - Fidelity Extended Market Index Fund holds 6K shares representing 0.06% ownership of the company. In it's prior filing, the firm reported owning 77K shares, representing a decrease of 1,100.06%. The firm increased its portfolio allocation in AKA by 60.76% over the last quarter.
VEXMX - Vanguard Extended Market Index Fund Investor Shares holds 6K shares representing 0.05% ownership of the company. No change in the last quarter.
a.k.a. Brands Holding Background Information
(This description is provided by the company.)
Established in 2018, a.k.a. Brands is a brand accelerator of direct-to-consumer fashion brands for the next generation. Each brand in the a.k.a. portfolio is customer obsessed, curates quality exclusive merchandise, creates authentic and inspiring social content and targets a distinct Gen Z and millennial audience. a.k.a. Brands leverages its next-generation retail platform to help each brand accelerate its growth, scale in new markets and enhance its profitability. Current brands in the a.k.a. Brands portfolio include Princess Polly, Culture Kings, mnml, Petal & Pup and Rebdolls.
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