Nisa Investment Advisors LLC Invests $36,000 in PetMed Express, Inc. (NASDAQ:PETS)

Nisa Investment Advisors LLC acquired a new stake in PetMed Express, Inc. (NASDAQ:PETS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,810 shares of the company’s stock, valued at approximately $36,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Newbridge Financial Services Group Inc. raised its holdings in PetMed Express by 2,909.9% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 5,177 shares of the company’s stock valued at $53,000 after acquiring an additional 5,005 shares during the last quarter. L2 Asset Management LLC purchased a new stake in shares of PetMed Express in the third quarter valued at $108,000. Numerai GP LLC acquired a new position in PetMed Express in the third quarter valued at $216,000. Quadrature Capital Ltd boosted its stake in 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 during the last quarter. Finally, Trexquant Investment LP acquired a new stake in PetMed Express in the 3rd quarter worth about $554,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

PetMed Express Price Performance

NASDAQ PETS opened at $4.05 on Tuesday. The company has a 50-day moving average of $4.80 and a 200-day moving average of $6.63. PetMed Express, Inc. has a 12 month low of $4.01 and a 12 month high of $16.18. The company has a market cap of $85.66 million, a P/E ratio of -10.38 and a beta of 0.68.

PetMed Express Company 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.