Playtika Holding Corp. (NASDAQ:PLTK - Get Free Report) major shareholder Holding Uk Ltd Playtika II sold 91,386 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $8.35, for a total value of $763,073.10. Following the sale, the insider now directly owns 202,797,957 shares in the company, valued at $1,693,362,940.95. This represents a 0.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Holding Uk Ltd Playtika II also recently made the following trade(s):
- On Monday, November 25th, Holding Uk Ltd Playtika II sold 97,266 shares of Playtika stock. The shares were sold at an average price of $8.69, for a total value of $845,241.54.
- On Friday, November 22nd, Holding Uk Ltd Playtika II sold 73,321 shares of Playtika stock. The shares were sold at an average price of $8.55, for a total value of $626,894.55.
Playtika Trading Up 1.1 %
NASDAQ:PLTK traded up $0.09 during trading hours on Friday, hitting $8.42. 240,833 shares of the company were exchanged, compared to its average volume of 844,785. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of 14.52, a price-to-earnings-growth ratio of 2.15 and a beta of 0.85. Playtika Holding Corp. has a one year low of $6.25 and a one year high of $9.23. The company has a fifty day simple moving average of $7.97 and a 200 day simple moving average of $7.90.
Playtika (NASDAQ:PLTK - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.07). Playtika had a negative return on equity of 144.73% and a net margin of 8.52%. The business had revenue of $620.80 million for the quarter, compared to analyst estimates of $622.46 million. During the same quarter in the previous year, the business posted $0.19 earnings per share. The business's revenue was down 1.5% on a year-over-year basis. Equities research analysts predict that Playtika Holding Corp. will post 0.65 earnings per share for the current fiscal year.
Playtika Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 20th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $0.40 dividend on an annualized basis and a yield of 4.75%. Playtika's payout ratio is currently 68.97%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Wedbush reaffirmed an "outperform" rating and issued a $11.50 target price on shares of Playtika in a report on Thursday, September 19th. Macquarie reiterated a "neutral" rating and issued a $7.00 price target on shares of Playtika in a research note on Friday, November 8th. Finally, Roth Mkm increased their price target on Playtika from $8.00 to $9.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $9.00.
Get Our Latest Analysis on Playtika
Institutional Trading of Playtika
A number of large investors have recently bought and sold shares of PLTK. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Playtika in the 2nd quarter valued at about $31,000. Versant Capital Management Inc acquired a new stake in shares of Playtika in the 2nd quarter valued at about $36,000. Acadian Asset Management LLC acquired a new stake in shares of Playtika in the 2nd quarter valued at about $43,000. Headlands Technologies LLC grew its stake in shares of Playtika by 648.8% in the 2nd quarter. Headlands Technologies LLC now owns 6,687 shares of the company's stock valued at $53,000 after buying an additional 5,794 shares during the period. Finally, Neo Ivy Capital Management acquired a new stake in shares of Playtika in the 3rd quarter valued at about $56,000. 11.94% of the stock is currently owned by institutional investors and hedge funds.
Playtika Company Profile
(
Get Free Report)
Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games. It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms.
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