Barclays PLC Has $34,000 Position in MarketWise, Inc. (NASDAQ:MKTW)

Barclays PLC boosted its holdings in MarketWise, Inc. (NASDAQ:MKTW) by 260.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,689 shares of the newsletter publisher’s stock after acquiring an additional 37,347 shares during the quarter. Barclays PLC’s holdings in MarketWise were worth $34,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of MarketWise by 4.1% in the 3rd quarter. Geode Capital Management LLC now owns 818,814 shares of the newsletter publisher’s stock valued at $547,000 after purchasing an additional 32,295 shares during the period. Williams & Novak LLC boosted its stake in MarketWise by 95.4% in the 3rd quarter. Williams & Novak LLC now owns 152,300 shares of the newsletter publisher’s stock valued at $102,000 after buying an additional 74,360 shares in the last quarter. Squarepoint Ops LLC boosted its stake in MarketWise by 953.6% in the 2nd quarter. Squarepoint Ops LLC now owns 125,174 shares of the newsletter publisher’s stock valued at $145,000 after buying an additional 113,293 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in MarketWise by 11.9% in the second quarter. Renaissance Technologies LLC now owns 555,400 shares of the newsletter publisher’s stock valued at $644,000 after acquiring an additional 59,079 shares during the period. Institutional investors and hedge funds own 23.04% of the company’s stock.

MarketWise Stock Performance

Shares of NASDAQ MKTW opened at $0.62 on Friday. MarketWise, Inc. has a 52-week low of $0.46 and a 52-week high of $2.71. The business has a fifty day moving average of $0.54 and a two-hundred day moving average of $0.70. The stock has a market cap of $201.50 million, a PE ratio of 5.18 and a beta of 0.38.

MarketWise (NASDAQ:MKTW) last announced its quarterly earnings results on Thursday, November 7th. The newsletter publisher reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $97.19 million during the quarter. MarketWise had a net margin of 1.20% and a negative return on equity of 1.89%.

MarketWise Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, January 29th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a yield of 17.91%. MarketWise’s dividend payout ratio (DPR) is presently 33.34%.

MarketWise Profile

MarketWise, Inc operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of media, including desktops, laptops, tablets, and mobile; and financial newsletters.