Choreo LLC Boosts Holdings in Playtika Holding Corp. (NASDAQ:PLTK)

Choreo LLC raised its position in Playtika Holding Corp. (NASDAQ:PLTK) by 14.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,485 shares of the company’s stock after acquiring an additional 1,619 shares during the period. Choreo LLC’s holdings in Playtika were worth $90,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. R Squared Ltd purchased a new position in shares of Playtika in the 4th quarter valued at approximately $57,000. KBC Group NV raised its holdings in shares of Playtika by 166.1% in the fourth quarter. KBC Group NV now owns 20,808 shares of the company’s stock worth $144,000 after buying an additional 12,988 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Playtika by 76.2% during the fourth quarter. SG Americas Securities LLC now owns 175,008 shares of the company’s stock worth $1,215,000 after buying an additional 75,702 shares during the period. Kera Capital Partners Inc. purchased a new stake in shares of Playtika during the fourth quarter valued at $70,000. Finally, Merit Financial Group LLC purchased a new stake in shares of Playtika during the fourth quarter valued at $103,000. 11.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on PLTK shares. Roth Mkm upped their target price on Playtika from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Macquarie restated a “neutral” rating and set a $7.00 price objective on shares of Playtika in a research note on Friday, November 8th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Playtika presently has an average rating of “Hold” and an average price target of $9.25.

Playtika Trading Down 0.4 %

Shares of NASDAQ:PLTK opened at $7.42 on Monday. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 1.72 and a beta of 0.92. Playtika Holding Corp. has a 12-month low of $6.25 and a 12-month high of $9.15. The business has a 50-day moving average price of $7.21 and a 200 day moving average price of $7.57.

Insider Buying and Selling

In other Playtika news, major shareholder Holding Uk Ltd Playtika II sold 75,923 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $7.54, for a total value of $572,459.42. Following the completion of the sale, the insider now owns 200,554,660 shares in the company, valued at approximately $1,512,182,136.40. The trade was a 0.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 753,894 shares of company stock worth $6,239,985 over the last 90 days. 4.80% of the stock is owned by insiders.

Playtika Company Profile

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games. It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms.