Charles Schwab Investment Management Inc. lessened its holdings in ContextLogic Inc. (NASDAQ:WISH - Free Report) by 33.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 548,386 shares of the company's stock after selling 276,655 shares during the quarter. Charles Schwab Investment Management Inc. owned 2.25% of ContextLogic worth $2,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of WISH. Vanguard Group Inc. grew its stake in ContextLogic by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 1,194,834 shares of the company's stock valued at $6,799,000 after purchasing an additional 54,834 shares during the period. SG Americas Securities LLC bought a new position in ContextLogic in the 2nd quarter valued at $519,000. 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 valued at $132,000 after purchasing an additional 13,265 shares during the period. Caprock Group LLC purchased a new position in shares of ContextLogic during the 2nd quarter valued at $53,000. Finally, American Century Companies Inc. lifted its position in shares of ContextLogic by 19.2% during the 2nd quarter. American Century Companies Inc. now owns 28,429 shares of the company's stock valued at $146,000 after buying an additional 4,578 shares during the last quarter. Institutional investors own 46.05% of the company's stock.
ContextLogic Price Performance
Shares of NASDAQ WISH traded up $0.17 during trading on Friday, reaching $7.49. 185,831 shares of the stock traded hands, compared to its average volume of 991,637. ContextLogic Inc. has a 52-week low of $3.55 and a 52-week high of $9.90. The company has a 50-day moving average of $6.67 and a 200-day moving average of $5.93. The stock has a market capitalization of $182.74 million, a P/E ratio of -0.63 and a beta of 2.09.
ContextLogic Profile
(
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.
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