Jump Financial LLC Makes New $11.58 Million Investment in Bilibili Inc. (NASDAQ:BILI)

Jump Financial LLC acquired a new stake in shares of Bilibili Inc. (NASDAQ:BILI - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 639,641 shares of the company's stock, valued at approximately $11,584,000. Jump Financial LLC owned approximately 0.15% of Bilibili as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Bilibili by 26.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company's stock worth $82,000 after buying an additional 735 shares during the last quarter. Geode Capital Management LLC increased its holdings in Bilibili by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 110,560 shares of the company's stock valued at $2,002,000 after buying an additional 1,140 shares during the last quarter. Avior Wealth Management LLC raised its position in Bilibili by 1,817.7% in the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock worth $27,000 after acquiring an additional 1,436 shares during the period. Legal & General Group Plc raised its stake in Bilibili by 4.1% during the 4th quarter. Legal & General Group Plc now owns 46,629 shares of the company's stock worth $845,000 after acquiring an additional 1,839 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Bilibili by 147.8% in the fourth quarter. Blue Trust Inc. now owns 3,179 shares of the company's stock worth $58,000 after purchasing an additional 1,896 shares in the last quarter. Institutional investors own 16.08% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Nomura Securities lowered shares of Bilibili from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Barclays upped their price objective on Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a research note on Friday, February 21st. Finally, Benchmark raised their price target on Bilibili from $24.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Bilibili has a consensus rating of "Moderate Buy" and a consensus price target of $21.11.

Bilibili Stock Performance

NASDAQ BILI traded up $0.02 during trading on Friday, reaching $16.21. The company's stock had a trading volume of 2,877,120 shares, compared to its average volume of 6,905,687. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of -36.02 and a beta of 0.95. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. Bilibili Inc. has a twelve month low of $10.84 and a twelve month high of $31.77. The business's fifty day moving average price is $19.60 and its 200-day moving average price is $19.68.

Bilibili (NASDAQ:BILI - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.05 billion. As a group, analysts anticipate that Bilibili Inc. will post 0.16 EPS for the current fiscal year.

Bilibili Company Profile

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.