Summit Trail Advisors LLC Buys 12,763 Shares of Playtika Holding Corp. (NASDAQ:PLTK)

Summit Trail Advisors LLC grew its position in Playtika Holding Corp. (NASDAQ:PLTK) by 45.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 40,653 shares of the company’s stock after acquiring an additional 12,763 shares during the period. Summit Trail Advisors LLC’s holdings in Playtika were worth $288,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. KBC Group NV increased its holdings in Playtika by 19.3% in the 3rd quarter. KBC Group NV now owns 7,820 shares of the company’s stock worth $62,000 after purchasing an additional 1,266 shares in the last quarter. Choreo LLC grew its holdings in shares of Playtika by 14.9% during the fourth quarter. Choreo LLC now owns 12,485 shares of the company’s stock worth $90,000 after purchasing an additional 1,619 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of Playtika by 14.3% in the third quarter. Captrust Financial Advisors now owns 21,474 shares of the company’s stock valued at $170,000 after buying an additional 2,694 shares during the period. GAMMA Investing LLC raised its holdings in Playtika by 146.0% in the 4th quarter. GAMMA Investing LLC now owns 4,903 shares of the company’s stock valued at $34,000 after buying an additional 2,910 shares during the last quarter. Finally, Versant Capital Management Inc boosted its position in Playtika by 148.7% during the 4th quarter. Versant Capital Management Inc now owns 5,847 shares of the company’s stock worth $41,000 after buying an additional 3,496 shares during the period. Institutional investors and hedge funds own 11.94% of the company’s stock.

Playtika Stock Down 0.5 %

NASDAQ:PLTK opened at $7.34 on Thursday. The firm has a market capitalization of $2.74 billion, a P/E ratio of 12.66, a P/E/G ratio of 1.72 and a beta of 0.92. Playtika Holding Corp. has a twelve month low of $6.25 and a twelve month high of $9.15. The company has a fifty day moving average of $7.25 and a 200-day moving average of $7.57.

Insider Buying and Selling at Playtika

In other Playtika news, major shareholder Holding Uk Ltd Playtika II sold 97,266 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $8.69, for a total value of $845,241.54. Following the transaction, the insider now owns 202,968,069 shares in the company, valued at approximately $1,763,792,519.61. This represents a 0.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders sold 753,894 shares of company stock valued at $6,239,985. Corporate insiders own 4.80% of the company’s stock.

Analyst Ratings Changes

PLTK has been the subject of several recent research reports. Macquarie restated a “neutral” rating and issued a $7.00 price target on shares of Playtika in a research report on Friday, November 8th. Roth Mkm raised their target price on Playtika from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $9.25.

About Playtika

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.