Arrowstreet Capital Limited Partnership increased its holdings in shares of Gravity Co., Ltd. (NASDAQ:GRVY - Free Report) by 13.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,989 shares of the technology company's stock after acquiring an additional 8,014 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.96% of Gravity worth $4,228,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Signaturefd LLC increased its position in Gravity by 111.5% in the fourth quarter. Signaturefd LLC now owns 423 shares of the technology company's stock worth $27,000 after purchasing an additional 223 shares during the period. GAMMA Investing LLC lifted its holdings in Gravity by 162.4% in the fourth quarter. GAMMA Investing LLC now owns 690 shares of the technology company's stock valued at $44,000 after buying an additional 427 shares during the period. R Squared Ltd bought a new position in Gravity in the fourth quarter valued at approximately $52,000. Public Employees Retirement System of Ohio acquired a new stake in Gravity during the 3rd quarter worth $117,000. Finally, Flower City Capital bought a new stake in shares of Gravity during the 4th quarter valued at $253,000. 9.92% of the stock is owned by institutional investors and hedge funds.
Gravity Trading Up 0.4 %
Shares of NASDAQ:GRVY traded up $0.25 during midday trading on Monday, hitting $61.02. The company had a trading volume of 1,413 shares, compared to its average volume of 18,816. The firm has a fifty day simple moving average of $59.05 and a 200 day simple moving average of $61.78. The stock has a market cap of $423.99 million, a price-to-earnings ratio of 6.79 and a beta of 1.46. Gravity Co., Ltd. has a 12 month low of $53.12 and a 12 month high of $88.85.
About Gravity
(
Free Report)
Gravity Co, Ltd. develops and publishes online and mobile games worldwide. It offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Landverse. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; Generation Zombie; Ragnarok Idle Adventure; Ragnarok 20 Heroes; White Chord; WITH: Whale In The High; Ragnarok Lost Memories; and Paladog Tactics.
Featured Stories
Before you consider Gravity, you'll want to hear this.
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 Gravity wasn't on the list.
While Gravity currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
