Geode Capital Management LLC Has $220,000 Holdings in Tuya Inc. (NYSE:TUYA)

Geode Capital Management LLC boosted its holdings in Tuya Inc. (NYSE:TUYA) by 14.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,150 shares of the company’s stock after purchasing an additional 16,821 shares during the period. Geode Capital Management LLC’s holdings in Tuya were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in Tuya by 3.6% during the 3rd quarter. Barclays PLC now owns 270,843 shares of the company’s stock valued at $447,000 after purchasing an additional 9,307 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Tuya during the 2nd quarter worth about $27,000. Centiva Capital LP bought a new stake in shares of Tuya during the 3rd quarter worth about $63,000. Paloma Partners Management Co acquired a new position in Tuya in the 3rd quarter valued at about $73,000. Finally, Quadrature Capital Ltd bought a new position in Tuya in the 3rd quarter valued at about $92,000. 11.47% of the stock is currently owned by institutional investors and hedge funds.

Tuya Stock Performance

NYSE:TUYA opened at $1.62 on Tuesday. The company has a market cap of $814.59 million, a price-to-earnings ratio of -53.83 and a beta of 0.42. Tuya Inc. has a fifty-two week low of $1.28 and a fifty-two week high of $2.22. The stock has a fifty day moving average price of $1.71 and a 200-day moving average price of $1.61.

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.