XTX Topco Ltd Boosts Stock Holdings in Alarum Technologies Ltd. (NASDAQ:ALAR)

XTX Topco Ltd lifted its holdings in shares of Alarum Technologies Ltd. (NASDAQ:ALAR) by 55.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,820 shares of the company’s stock after buying an additional 3,870 shares during the quarter. XTX Topco Ltd owned about 0.16% of Alarum Technologies worth $115,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Alarum Technologies during the second quarter worth $164,000. Thoroughbred Financial Services LLC purchased a new stake in Alarum Technologies during the 2nd quarter worth about $747,000. Independent Advisor Alliance bought a new position in Alarum Technologies in the 3rd quarter worth about $386,000. ARK Investment Management LLC purchased a new position in Alarum Technologies during the 3rd quarter valued at about $785,000. Finally, Altshuler Shaham Ltd bought a new stake in shares of Alarum Technologies during the second quarter valued at about $3,229,000. 3.23% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Alliance Global Partners cut their price objective on shares of Alarum Technologies from $34.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, August 26th. Canaccord Genuity Group cut their price target on shares of Alarum Technologies from $28.00 to $25.00 and set a “buy” rating for the company in a report on Tuesday, November 26th.

Alarum Technologies Trading Up 0.6 %

Shares of NASDAQ ALAR opened at $11.17 on Friday. Alarum Technologies Ltd. has a 12 month low of $4.54 and a 12 month high of $46.69. The firm has a market capitalization of $77.01 million, a price-to-earnings ratio of 10.34 and a beta of 0.68. The business has a 50-day moving average of $13.75 and a 200-day moving average of $19.87.

About Alarum Technologies

Alarum Technologies Ltd. provides internet access and web data collection solutions in North, South, and Central America, Europe, Southeast Asia, the Middle East, and Africa. The company operates through two segments, Enterprise Internet Access Solutions and Consumer Internet Access Solutions. The company offers security blanket against ransomware, viruses, phishing, and other online threats, as well as secured and encrypted connection, masking the customers online activity and keeping them safe from hackers.