Verition Fund Management LLC acquired a new stake in Playtika Holding Corp. (NASDAQ:PLTK – Get Rating) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 76,863 shares of the company’s stock, valued at approximately $1,486,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. IndexIQ Advisors LLC bought a new stake in Playtika in the first quarter valued at approximately $37,000. MetLife Investment Management LLC bought a new stake in Playtika in the first quarter valued at approximately $130,000. Gladius Capital Management LP bought a new stake in Playtika in the first quarter valued at approximately $140,000. New York State Teachers Retirement System bought a new stake in Playtika in the first quarter valued at approximately $157,000. Finally, Principal Financial Group Inc. raised its stake in Playtika by 5.3% in the fourth quarter. Principal Financial Group Inc. now owns 11,246 shares of the company’s stock valued at $194,000 after buying an additional 567 shares during the period. Institutional investors own 20.08% of the company’s stock.
Playtika Stock Up 2.6 %
PLTK opened at $10.35 on Tuesday. Playtika Holding Corp. has a twelve month low of $9.84 and a twelve month high of $30.00. The company has a 50-day simple moving average of $11.54 and a 200 day simple moving average of $14.38. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of 13.99, a P/E/G ratio of 1.73 and a beta of 0.30.
Wall Street Analyst Weigh In
Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company owns a portfolio of casual and casino-themed games. It distributes its games to the end customer through various web and mobile platforms, such as Apple, Facebook, Google, and other web and mobile platforms and its own proprietary platforms.
- Get a free copy of the StockNews.com research report on Playtika (PLTK)
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