Quadrature Capital Ltd reduced its holdings in Qudian Inc. (NYSE:QD – Free Report) by 69.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 24,502 shares of the company’s stock after selling 54,911 shares during the quarter. Quadrature Capital Ltd’s holdings in Qudian were worth $50,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC increased its position in shares of Qudian by 89,325.0% during the fourth quarter. Headlands Technologies LLC now owns 14,308 shares of the company’s stock worth $29,000 after buying an additional 14,292 shares during the period. Caxton Associates LP increased its position in shares of Qudian by 77.2% during the third quarter. Caxton Associates LP now owns 174,376 shares of the company’s stock worth $370,000 after buying an additional 75,959 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of Qudian during the third quarter worth $363,000. Profund Advisors LLC acquired a new stake in shares of Qudian during the third quarter worth $25,000. Finally, UBS Group AG increased its position in shares of Qudian by 11,542.3% during the third quarter. UBS Group AG now owns 1,112,189 shares of the company’s stock worth $2,358,000 after buying an additional 1,102,636 shares during the period. 8.10% of the stock is currently owned by institutional investors and hedge funds.
Qudian Stock Up 6.1 %
QD opened at $1.99 on Friday. The stock has a market cap of $398.19 million, a PE ratio of -6.62 and a beta of 0.63. Qudian Inc. has a twelve month low of $1.52 and a twelve month high of $2.60. The company has a fifty day moving average of $1.98 and a 200-day moving average of $2.17.
About Qudian
Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.
Read More
- Five stocks we like better than Qudian
- Overbought Stocks Explained: Should You Trade Them?
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Qudian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qudian and related companies with MarketBeat.com's FREE daily email newsletter.
