Tuya Inc. (NYSE:TUYA) Shares Acquired by Acadian Asset Management LLC

Acadian Asset Management LLC grew its holdings in Tuya Inc. (NYSE:TUYA) by 59.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 665,730 shares of the company’s stock after acquiring an additional 247,592 shares during the period. Acadian Asset Management LLC owned about 0.13% of Tuya worth $1,132,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Carmignac Gestion grew its stake in shares of Tuya by 24.2% during the fourth quarter. Carmignac Gestion now owns 4,890,200 shares of the company’s stock worth $11,247,000 after purchasing an additional 952,100 shares in the last quarter. Institutional investors own 11.47% of the company’s stock.

Tuya Trading Up 3.8 %

Shares of TUYA stock opened at $1.37 on Monday. The firm has a fifty day moving average price of $1.53 and a 200 day moving average price of $1.72. The company has a market cap of $691.01 million, a P/E ratio of -17.13 and a beta of 0.35. Tuya Inc. has a 12 month low of $1.30 and a 12 month high of $2.50.

Tuya Dividend Announcement

The company also recently announced a Variable dividend, which will be paid on Tuesday, October 15th. Investors of record on Wednesday, September 11th will be paid a dividend of $0.059 per share. The ex-dividend date is Wednesday, September 11th.

About Tuya

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.