1 week Ago By ABMN Staff
Russell Investments Group Ltd. lifted its position in Grindr Inc. ( NYSE:GRND – Free Report ) by 31.
9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,655 shares of the company’s stock after purchasing an additional 642 shares during the period.
Russell Investments Group Ltd.’s holdings in Grindr were worth $47,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other large investors also recently modified their holdings of the company.
Lord Abbett & CO. LLC purchased a new position in Grindr in the third quarter worth about $7,720,000. BIT Capital GmbH boosted its holdings in shares of Grindr by 9.
6% in the fourth quarter. BIT Capital GmbH now owns 3,989,058 shares of the company’s stock worth $71,165,000 after buying an additional 349,189 shares during the last quarter. Norges Bank bought a new stake in Grindr during the fourth quarter valued at approximately $6,035,000.
Landscape Capital Management L.L.C.
purchased a new stake in Grindr during the fourth quarter valued at approximately $2,712,000. Finally, Anthracite Investment Company Inc. bought a new position in Grindr in the fourth quarter worth approximately $1,802,000.
Institutional investors own 7.22% of the company’s stock. Grindr Stock Performance GRND opened at $21.
06 on Friday. Grindr Inc. has a fifty-two week low of $8.
95 and a fifty-two week high of $21.33. The stock has a market cap of $4.
39 billion, a price-to-earnings ratio of -60.17 and a beta of 0.31.
The firm’s fifty day moving average is $17.95 and its 200 day moving average is $16.64.
Analysts Set New Price Targets Get Our Latest Analysis on GRND Insider Activity In other news, insider Zachary Katz sold 3,058 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $16.23, for a total value of $49,631.
34. Following the transaction, the insider now owns 613,800 shares of the company’s stock, valued at approximately $9,961,974. The trade was a 0.
50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Insiders have sold 8,115 shares of company stock worth $139,397 over the last ninety days.
Corporate insiders own 76.40% of the company’s stock. About Grindr ( Free Report ) Grindr Inc operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide.
Its platform enables LGBTQ people to find and engage with each other, share content and experiences, and express themselves. The company offers ad-supported service and a premium subscription version. Featured Articles Want to see what other hedge funds are holding GRND? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Grindr Inc. ( NYSE:GRND – Free Report ). Receive News & Ratings for Grindr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grindr and related companies with MarketBeat.
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