Jane Street Group LLC Buys 130,470 Shares of Dingdong (Cayman) Limited (NYSE:DDL)

Jane Street Group LLC increased its stake in Dingdong (Cayman) Limited (NYSE:DDL) by 110.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 248,189 shares of the company’s stock after buying an additional 130,470 shares during the period. Jane Street Group LLC owned 0.11% of Dingdong (Cayman) worth $881,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DDL. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Dingdong (Cayman) by 3,090.3% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 684,345 shares of the company’s stock worth $2,429,000 after purchasing an additional 662,894 shares during the last quarter. Renaissance Technologies LLC increased its stake in Dingdong (Cayman) by 63.4% during the 2nd quarter. Renaissance Technologies LLC now owns 690,200 shares of the company’s stock valued at $1,373,000 after purchasing an additional 267,700 shares in the last quarter. State Street Corp increased its stake in Dingdong (Cayman) by 32.7% during the 3rd quarter. State Street Corp now owns 253,119 shares of the company’s stock valued at $899,000 after purchasing an additional 62,338 shares in the last quarter. Centiva Capital LP bought a new position in shares of Dingdong (Cayman) in the third quarter worth approximately $170,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of Dingdong (Cayman) during the second quarter valued at approximately $86,000. 24.66% of the stock is currently owned by hedge funds and other institutional investors.

Dingdong (Cayman) Stock Down 8.6 %

Shares of DDL opened at $3.28 on Thursday. Dingdong has a twelve month low of $1.07 and a twelve month high of $4.79. The company has a market capitalization of $774.83 million, a P/E ratio of 36.44 and a beta of 0.37. The firm has a 50 day moving average of $4.03 and a 200 day moving average of $2.95.

Dingdong (Cayman) Company Profile

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms.