Nisa Investment Advisors LLC Buys Shares of 4,810 PetMed Express, Inc. (NASDAQ:PETS)

Nisa Investment Advisors LLC purchased a new position in PetMed Express, Inc. (NASDAQ:PETS) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 4,810 shares of the company’s stock, valued at approximately $36,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Newbridge Financial Services Group Inc. raised its holdings in PetMed Express by 2,909.9% during the third quarter. Newbridge Financial Services Group Inc. now owns 5,177 shares of the company’s stock worth $53,000 after purchasing an additional 5,005 shares in the last quarter. L2 Asset Management LLC acquired a new position in shares of PetMed Express during the 3rd quarter valued at $108,000. Quadrature Capital Ltd raised its stake in shares of PetMed Express by 127.2% in the 3rd quarter. Quadrature Capital Ltd now owns 29,597 shares of the company’s stock worth $303,000 after buying an additional 16,573 shares in the last quarter. Numerai GP LLC acquired a new stake in shares of PetMed Express in the third quarter valued at $216,000. Finally, Profit Investment Management LLC boosted its stake in PetMed Express by 19.3% during the fourth quarter. Profit Investment Management LLC now owns 182,333 shares of the company’s stock valued at $1,378,000 after buying an additional 29,438 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

PetMed Express Stock Down 1.5 %

NASDAQ:PETS opened at $4.05 on Tuesday. PetMed Express, Inc. has a 52-week low of $4.01 and a 52-week high of $16.18. The firm has a market cap of $85.66 million, a P/E ratio of -10.38 and a beta of 0.68. The business’s 50-day moving average price is $4.80 and its 200 day moving average price is $6.63.

PetMed Express Profile

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 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.