Barclays PLC Raises Holdings in Tuya Inc. (NYSE:TUYA)

Barclays PLC raised its holdings in Tuya Inc. (NYSE:TUYA) by 3.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 270,843 shares of the company’s stock after purchasing an additional 9,307 shares during the quarter. Barclays PLC owned 0.05% of Tuya worth $447,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. XTX Topco Ltd purchased a new position in shares of Tuya during the 2nd quarter worth approximately $27,000. Centiva Capital LP acquired a new stake in shares of Tuya in the third quarter valued at $63,000. Paloma Partners Management Co purchased a new stake in shares of Tuya in the 3rd quarter valued at $73,000. Quadrature Capital Ltd acquired a new position in Tuya during the 3rd quarter worth about $92,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Tuya during the 3rd quarter valued at about $116,000. Institutional investors and hedge funds own 11.47% of the company’s stock.

Tuya Price Performance

Shares of NYSE:TUYA opened at $1.87 on Friday. The firm has a market capitalization of $940.69 million, a PE ratio of -62.17 and a beta of 0.42. Tuya Inc. has a 1 year low of $1.28 and a 1 year high of $2.18. The firm’s 50-day moving average is $1.73 and its two-hundred day moving average is $1.62.

Tuya Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.