Barclays PLC bought a new position in shares of Zhihu Inc. (NYSE:ZH - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 132,800 shares of the company's stock, valued at approximately $511,000. Barclays PLC owned 0.15% of Zhihu as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Zhihu during the 3rd quarter worth approximately $27,000. XTX Topco Ltd acquired a new position in shares of Zhihu during the third quarter worth $151,000. Walleye Capital LLC purchased a new stake in shares of Zhihu during the 3rd quarter valued at $212,000. Jane Street Group LLC boosted its position in shares of Zhihu by 65.1% in the 3rd quarter. Jane Street Group LLC now owns 175,381 shares of the company's stock worth $675,000 after purchasing an additional 69,160 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. purchased a new position in Zhihu during the 3rd quarter worth $317,000. Institutional investors own 28.92% of the company's stock.
Zhihu Stock Performance
ZH stock traded up $0.09 during trading on Friday, reaching $3.35. The company had a trading volume of 215,987 shares, compared to its average volume of 185,645. Zhihu Inc. has a twelve month low of $2.55 and a twelve month high of $5.28. The company has a market cap of $292.09 million, a price-to-earnings ratio of -5.97 and a beta of 0.19. The firm has a 50-day simple moving average of $3.59 and a 200-day simple moving average of $3.46.
Wall Street Analysts Forecast Growth
Separately, Citigroup decreased their price target on Zhihu from $5.40 to $4.70 and set a "buy" rating for the company in a research note on Friday, November 29th.
Read Our Latest Stock Report on Zhihu
About Zhihu
(
Free Report)
Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.
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