<div id="readability-page-1"><p>Greenvale Capital LLP bought a new stake in  The Goodyear Tire &amp; Rubber Company (NASDAQ:GT - Free Report) during the second quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The institutional investor  bought 10,250,000 shares of the company's stock, valued at approximately $106,292,000. Goodyear Tire &amp; Rubber comprises about  9.0% of Greenvale Capital LLP's holdings, making the stock its 5th largest position. Greenvale Capital LLP owned approximately 3.58% of Goodyear Tire &amp; Rubber as of its most recent filing with the Securities &amp; Exchange Commission.</p><div><p><span></span><span>Get <strong>Goodyear Tire &amp; Rubber</strong> alerts:</span></p></div><ul><li>Strong Quarter, Weak Reaction: Why GitLab Shares Dropped</li></ul><p>Other institutional investors also recently bought and sold shares of the company. Solstein Capital LLC acquired a new stake in shares of  Goodyear Tire &amp; Rubber in the second quarter worth $26,000.  Ameritas Advisory Services LLC purchased a new position in shares of  Goodyear Tire &amp; Rubber during the 2nd quarter valued at about $29,000.  Caitong International Asset Management Co. Ltd lifted its holdings in shares of  Goodyear Tire &amp; Rubber by 3,894.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 2,796 shares of the company's stock valued at $29,000 after buying an additional 2,726 shares during the period.  FNY Investment Advisers LLC purchased a new stake in shares of  Goodyear Tire &amp; Rubber in the second quarter worth about $31,000.  Finally, Signaturefd LLC boosted its stake in shares of  Goodyear Tire &amp; Rubber by 125.6% in the second quarter. Signaturefd LLC now owns 4,508 shares of the company's stock worth $47,000 after buying an additional 2,510 shares during the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors. </p><h2>Goodyear Tire &amp; Rubber Stock Down 1.8%</h2><p>Shares of NASDAQ GT opened at $8.39 on Wednesday. The firm has a market cap of $2.40 billion, a price-to-earnings ratio of -1.38, a price-to-earnings-growth ratio of 1.74 and a beta of 1.18. The company's 50-day simple moving average is $7.60 and its 200-day simple moving average is $9.05. The company has a quick ratio of 0.71, a current ratio of 1.27 and a debt-to-equity ratio of 2.29. The Goodyear Tire &amp; Rubber Company has a 52-week low of $6.51 and a 52-week high of $12.03. </p><ul><li>Buy the Dip? GitLab’s Bullish Case Outweighs the Bears</li></ul><p>Goodyear Tire &amp; Rubber (NASDAQ:GT - Get Free Report) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.12. Goodyear Tire &amp; Rubber had a negative net margin of 9.56% and a positive return on equity of 2.97%. The firm had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.67 billion. During the same period last year, the company posted $0.37 EPS. Goodyear Tire &amp; Rubber's quarterly revenue was down 3.7% compared to the same quarter last year.  Equities analysts predict that  The Goodyear Tire &amp; Rubber Company will post 1.5 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><p>GT has been the subject of several recent research reports. Morgan Stanley lifted their price target on Goodyear Tire &amp; Rubber from $6.88 to $7.30 and gave the company an &#34;underweight&#34; rating in a research report on Friday, November 28th. Zacks Research upgraded shares of Goodyear Tire &amp; Rubber from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, November 6th. JPMorgan Chase &amp; Co. lowered their price target on shares of Goodyear Tire &amp; Rubber from $15.00 to $14.00 and set an &#34;overweight&#34; rating on the stock in a report on Monday, October 20th. Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Goodyear Tire &amp; Rubber in a report on Monday. Finally, Citigroup lowered their target price on shares of Goodyear Tire &amp; Rubber from $10.00 to $9.00 and set a &#34;neutral&#34; rating on the stock in a research note on Tuesday, November 11th. One research analyst  has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued  a Hold rating and two have assigned  a Sell rating to the stock. According to data from MarketBeat.com, Goodyear Tire &amp; Rubber currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $10.85.</p><ul><li>Top 5 September Stock Picks: Market Tailwinds Drive New Momentum</li></ul><p><b>Read Our Latest Stock Report on GT</b></p><h2>About Goodyear Tire &amp; Rubber</h2> (Free Report)<p>Goodyear Tire &amp; Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Goodyear Tire &amp; Rubber</li><li>Consumer Staples Stocks, Explained</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Stock Splits, Do They Really Impact Investors?</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R1Q?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R1Q"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Goodyear Tire &amp; Rubber Right Now?</h2><p>Before you consider Goodyear Tire &amp; Rubber, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Goodyear Tire &amp; Rubber wasn't on the list.</p><p>While Goodyear Tire &amp; Rubber currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Greenvale Capital LLP invested $106.29 million in Goodyear Tire & Rubber Company, acquiring 10.25 million shares, making it their 5th largest position. Other institutional investors also increased their stakes. Goodyear's stock opened at $8.39, with a market cap of $2.40 billion. Analysts have mixed ratings, with a consensus 'Hold' and a target price of $10.85. The company reported $0.28 EPS for the quarter, beating estimates.</p>

Greenvale Capital LLP Invests $106.29 Million in The Goodyear Tire & Rubber Company $GT