Balyasny Asset Management L.P. acquired a new position in Coincheck Group NV. (NASDAQ:CNCK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 40,676 shares of the company's stock, valued at approximately $362,000. Balyasny Asset Management L.P. owned 0.43% of Coincheck Group as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in CNCK. JPMorgan Chase & Co. purchased a new position in shares of Coincheck Group during the fourth quarter valued at about $533,000. Wellington Management Group LLP purchased a new position in shares of Coincheck Group in the 4th quarter worth about $911,000. Ghisallo Capital Management LLC bought a new position in Coincheck Group in the 4th quarter worth about $10,439,000. Geode Capital Management LLC purchased a new stake in Coincheck Group during the 4th quarter valued at about $137,000. Finally, Jane Street Group LLC bought a new stake in Coincheck Group during the 4th quarter valued at about $134,000. 33.22% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Separately, Cantor Fitzgerald started coverage on shares of Coincheck Group in a research note on Wednesday, February 19th. They issued an "overweight" rating and a $10.00 target price on the stock.
Get Our Latest Stock Analysis on CNCK
Coincheck Group Price Performance
Shares of CNCK stock traded down $0.11 during mid-day trading on Tuesday, hitting $6.12. The company's stock had a trading volume of 57,971 shares, compared to its average volume of 58,867. Coincheck Group NV. has a 52-week low of $4.22 and a 52-week high of $14.42. The company has a 50-day moving average of $6.26.
Coincheck Group Profile
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Free Report)
Coincheck Group NV. is a Dutch public limited liability company and a holding company of Coincheck, Inc which operates one of the largest multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and is regulated by the Financial Services Agency of Japan. The company was founded on February 18, 2022 and is headquartered in Amsterdam, Netherland.
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