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2,358,558 Shares in PropertyGuru Group Limited (NYSE:PGRU) Acquired by Glazer Capital LLC

PropertyGuru Group logo with Business Services background

Glazer Capital LLC bought a new position in PropertyGuru Group Limited (NYSE:PGRU - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,358,558 shares of the company's stock, valued at approximately $15,590,000. PropertyGuru Group comprises about 0.9% of Glazer Capital LLC's portfolio, making the stock its 20th biggest position. Glazer Capital LLC owned approximately 1.43% of PropertyGuru Group at the end of the most recent quarter.

Separately, ANTIPODES PARTNERS Ltd grew its holdings in shares of PropertyGuru Group by 97.5% during the second quarter. ANTIPODES PARTNERS Ltd now owns 84,223 shares of the company's stock valued at $408,000 after buying an additional 41,582 shares in the last quarter. Institutional investors and hedge funds own 61.38% of the company's stock.

PropertyGuru Group Stock Down 0.2 %

Shares of NYSE:PGRU traded down $0.01 during trading on Friday, reaching $6.64. 63,293 shares of the company traded hands, compared to its average volume of 98,265. The firm has a fifty day simple moving average of $6.63 and a 200 day simple moving average of $6.03. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.01. PropertyGuru Group Limited has a 1-year low of $3.15 and a 1-year high of $6.65. The firm has a market cap of $1.09 billion, a P/E ratio of -73.77 and a beta of 0.36.

PropertyGuru Group (NYSE:PGRU - Get Free Report) last released its quarterly earnings data on Tuesday, September 3rd. The company reported ($0.07) earnings per share (EPS) for the quarter. PropertyGuru Group had a negative net margin of 13.27% and a negative return on equity of 3.47%. The firm had revenue of $30.05 million for the quarter.

Wall Street Analyst Weigh In

Separately, JMP Securities reaffirmed a "market perform" rating on shares of PropertyGuru Group in a research note on Tuesday, August 20th.

View Our Latest Stock Report on PGRU

PropertyGuru Group Profile

(Free Report)

PropertyGuru Group Limited operates digital property classifieds marketplaces that connects homeowners and tenants with verified home service providers in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. The company offers digital and marketing services for developers. It also offers data and sales process automation products.

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