Harber Asset Management LLC boosted its position in ATRenew Inc. (NYSE:RERE - Free Report) by 13.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,246,780 shares of the company's stock after purchasing an additional 152,163 shares during the quarter. Harber Asset Management LLC owned about 0.51% of ATRenew worth $3,591,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of ATRenew during the fourth quarter valued at $137,000. QRG Capital Management Inc. bought a new stake in shares of ATRenew during the 4th quarter worth about $48,000. Prescott Group Capital Management L.L.C. lifted its stake in shares of ATRenew by 31.3% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 3,035,436 shares of the company's stock worth $8,742,000 after acquiring an additional 724,415 shares during the period. Harvest Fund Management Co. Ltd boosted its holdings in shares of ATRenew by 33.4% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 1,399,214 shares of the company's stock valued at $4,016,000 after acquiring an additional 350,000 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of ATRenew by 16.2% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,401 shares of the company's stock valued at $162,000 after acquiring an additional 7,883 shares during the period. Institutional investors own 19.29% of the company's stock.
ATRenew Stock Down 1.2 %
RERE traded down $0.03 during trading on Friday, reaching $2.14. The stock had a trading volume of 935,913 shares, compared to its average volume of 1,150,617. The stock has a 50 day moving average of $2.89 and a two-hundred day moving average of $2.81. The firm has a market capitalization of $520.67 million, a price-to-earnings ratio of -42.69, a price-to-earnings-growth ratio of 0.41 and a beta of 0.04. ATRenew Inc. has a 1-year low of $1.53 and a 1-year high of $3.70.
About ATRenew
(
Free Report)
ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.
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