Quadrature Capital Ltd acquired a new position in shares of UP Fintech Holding Limited (NASDAQ:TIGR - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 96,663 shares of the company's stock, valued at approximately $516,000. Quadrature Capital Ltd owned approximately 0.05% of UP Fintech at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the company. Marshall Wace LLP raised its stake in UP Fintech by 52.8% during the 2nd quarter. Marshall Wace LLP now owns 1,112,172 shares of the company's stock worth $4,671,000 after buying an additional 384,213 shares during the period. Sparta 24 Ltd. lifted its holdings in shares of UP Fintech by 113.7% in the 3rd quarter. Sparta 24 Ltd. now owns 3,148,128 shares of the company's stock worth $16,811,000 after purchasing an additional 1,675,296 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of UP Fintech by 53.6% in the 3rd quarter. GAMMA Investing LLC now owns 6,031 shares of the company's stock worth $32,000 after purchasing an additional 2,104 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in UP Fintech in the 2nd quarter valued at $129,000. Finally, Cetera Advisors LLC bought a new stake in UP Fintech during the 1st quarter valued at $117,000. 9.03% of the stock is currently owned by institutional investors and hedge funds.
UP Fintech Stock Up 26.3 %
NASDAQ TIGR traded up $1.62 on Monday, reaching $7.77. The company had a trading volume of 45,919,284 shares, compared to its average volume of 4,962,366. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $1.43 billion, a P/E ratio of 37.80 and a beta of 0.88. The company's fifty day moving average is $6.75 and its 200 day moving average is $5.03. UP Fintech Holding Limited has a 52-week low of $3.10 and a 52-week high of $14.48.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the stock. China Renaissance upgraded shares of UP Fintech from a "hold" rating to a "buy" rating and set a $7.58 price objective for the company in a report on Thursday, October 24th. Citigroup reiterated a "sell" rating and set a $5.50 price target (up previously from $5.00) on shares of UP Fintech in a research note on Tuesday, October 22nd.
View Our Latest Report on UP Fintech
UP Fintech Company Profile
(
Free Report)
UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.
Featured Articles
Before you consider UP Fintech, 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 UP Fintech wasn't on the list.
While UP Fintech currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
