Triller Group (NYSE:ILLR) Stock Price Down 14.8% - Time to Sell?

Triller Group Inc. (NYSE:ILLR - Get Free Report) traded down 14.8% on Tuesday . The stock traded as low as $0.65 and last traded at $0.65. 590,042 shares changed hands during trading, a decline of 25% from the average session volume of 791,276 shares. The stock had previously closed at $0.76.

Triller Group Stock Performance

The company has a 50-day moving average price of $1.33. The company has a market capitalization of $99.98 million, a P/E ratio of -0.50 and a beta of -1.39.

Insider Buying and Selling at Triller Group

In related news, Director Robert E. Jr. Diamond sold 13,179 shares of Triller Group stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $2.64, for a total transaction of $34,792.56. Following the transaction, the director now owns 1,155,523 shares of the company's stock, valued at $3,050,580.72. The trade was a 1.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have sold 638,299 shares of company stock valued at $1,216,210. Corporate insiders own 8.80% of the company's stock.

Hedge Funds Weigh In On Triller Group

Several large investors have recently bought and sold shares of the stock. Millennium Management LLC purchased a new stake in shares of Triller Group in the fourth quarter valued at about $171,000. Geode Capital Management LLC purchased a new stake in Triller Group in the 4th quarter valued at about $148,000. Squarepoint Ops LLC bought a new position in shares of Triller Group during the 4th quarter worth approximately $144,000. Balyasny Asset Management L.P. bought a new position in shares of Triller Group during the 4th quarter worth approximately $109,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in shares of Triller Group in the 4th quarter worth approximately $103,000. 0.04% of the stock is currently owned by institutional investors.

About Triller Group

Triller Group, Inc engages in the provision of an artificial intelligence-powered, social media and live-streaming event platform for creators. It uses proprietary AI technology to push and track content virtually to affiliated and non-affiliated sites and networks. The company is headquartered in Los Angeles, CA.