JPMorgan Chase & Co. boosted its position in shares of Waldencast plc (NASDAQ:WALD – Free Report) by 52.0% in the third quarter, Holdings Channel.com reports. The firm owned 43,250 shares of the company’s stock after acquiring an additional 14,803 shares during the period. JPMorgan Chase & Co.’s holdings in Waldencast were worth $157,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. raised its position in Waldencast by 293.9% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,854 shares of the company’s stock valued at $25,000 after buying an additional 5,114 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Waldencast in the second quarter valued at approximately $37,000. Catalina Capital Group LLC bought a new stake in shares of Waldencast in the third quarter worth $58,000. McAdam LLC acquired a new position in Waldencast during the third quarter worth $62,000. Finally, Cubist Systematic Strategies LLC bought a new position in Waldencast in the second quarter valued at $85,000. Institutional investors and hedge funds own 41.97% of the company’s stock.
Waldencast Stock Performance
NASDAQ:WALD opened at $3.46 on Friday. Waldencast plc has a 12-month low of $2.40 and a 12-month high of $8.35. The stock’s 50 day moving average price is $3.45 and its two-hundred day moving average price is $3.41. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.78 and a current ratio of 1.47.
Wall Street Analysts Forecast Growth
Read Our Latest Report on Waldencast
Waldencast Profile
Waldencast plc operates in the beauty and wellness business. The company engages in developing, acquiring, accelerating, and scaling various brands. It provides cosmetic, over-the-counter, and prescription products under the Obagi Medical, Obagi Clinical, and Obagi Professional brands; and a Skintrinsiq device for use in facial treatments that is used by physicians' offices, spas, and aestheticians.
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