Orion Capital Management LLC Has $28,000 Position in Brilliant Earth Group, Inc. (NASDAQ:BRLT)

Orion Capital Management LLC raised its holdings in Brilliant Earth Group, Inc. (NASDAQ:BRLT) by 166.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,300 shares of the company’s stock after purchasing an additional 8,300 shares during the quarter. Orion Capital Management LLC’s holdings in Brilliant Earth Group were worth $28,000 as of its most recent SEC filing.

Separately, Privium Fund Management UK Ltd acquired a new stake in shares of Brilliant Earth Group during the 2nd quarter valued at $28,000. 70.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group reissued an “outperform” rating and set a $3.00 price objective on shares of Brilliant Earth Group in a report on Friday, November 1st.

Brilliant Earth Group Stock Up 0.5 %

Shares of NASDAQ:BRLT opened at $2.00 on Tuesday. The firm has a market cap of $197.10 million, a P/E ratio of 66.69 and a beta of 1.68. The company has a quick ratio of 2.27, a current ratio of 2.80 and a debt-to-equity ratio of 0.49. Brilliant Earth Group, Inc. has a 12-month low of $1.52 and a 12-month high of $3.81. The business has a fifty day simple moving average of $1.78 and a 200 day simple moving average of $2.06.

About Brilliant Earth Group

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company’s product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.