Caprock Group LLC grew its stake in shares of ContextLogic Inc. (NASDAQ:WISH - Free Report) by 859.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,243 shares of the company's stock after buying an additional 88,000 shares during the period. Caprock Group LLC owned 0.40% of ContextLogic worth $535,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. bought a new position in ContextLogic in the 2nd quarter worth about $46,000. Proficio Capital Partners LLC purchased a new stake in ContextLogic in the third quarter valued at approximately $78,000. Public Employees Retirement System of Ohio lifted its position in ContextLogic by 351.3% during the first quarter. Public Employees Retirement System of Ohio now owns 14,631 shares of the company's stock valued at $83,000 after purchasing an additional 11,389 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in ContextLogic during the second quarter valued at approximately $91,000. Finally, Deuterium Capital Management LLC grew its stake in ContextLogic by 106.1% in the 2nd quarter. Deuterium Capital Management LLC now owns 25,765 shares of the company's stock worth $132,000 after buying an additional 13,265 shares in the last quarter. 46.05% of the stock is owned by hedge funds and other institutional investors.
ContextLogic Trading Up 2.0 %
Shares of ContextLogic stock traded up $0.14 on Friday, hitting $7.10. 260,365 shares of the company traded hands, compared to its average volume of 991,637. ContextLogic Inc. has a 12-month low of $3.55 and a 12-month high of $9.90. The company has a market cap of $173.23 million, a P/E ratio of -0.59 and a beta of 2.09. The firm's 50-day simple moving average is $6.06 and its 200 day simple moving average is $5.71.
About ContextLogic
(
Free Report)
ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc was incorporated in 2010 and is headquartered in San Francisco, California.
See Also
Before you consider ContextLogic, 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 ContextLogic wasn't on the list.
While ContextLogic currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
