TMT General Partner Ltd raised its holdings in shares of Agora, Inc. (NASDAQ:API - Free Report) by 247.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,854,288 shares of the company's stock after purchasing an additional 7,728,261 shares during the quarter. Agora accounts for approximately 6.0% of TMT General Partner Ltd's portfolio, making the stock its 2nd largest position. TMT General Partner Ltd owned about 11.77% of Agora worth $43,634,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the business. Two Sigma Investments LP raised its holdings in Agora by 7.7% during the fourth quarter. Two Sigma Investments LP now owns 58,631 shares of the company's stock worth $244,000 after buying an additional 4,207 shares during the last quarter. Rhumbline Advisers raised its holdings in Agora by 1,988.6% during the fourth quarter. Rhumbline Advisers now owns 7,310 shares of the company's stock worth $30,000 after buying an additional 6,960 shares during the last quarter. Barclays PLC grew its stake in shares of Agora by 7.9% in the 4th quarter. Barclays PLC now owns 119,572 shares of the company's stock worth $497,000 after acquiring an additional 8,724 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Agora in the 4th quarter worth $53,000. Finally, EntryPoint Capital LLC bought a new stake in shares of Agora in the 4th quarter worth $69,000. Institutional investors and hedge funds own 40.40% of the company's stock.
Agora Stock Down 0.3%
Shares of NASDAQ API traded down $0.01 during trading on Friday, hitting $3.81. The stock had a trading volume of 187,246 shares, compared to its average volume of 881,214. Agora, Inc. has a 12 month low of $1.65 and a 12 month high of $6.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 6.15 and a quick ratio of 6.15. The company has a market capitalization of $355.60 million, a PE ratio of -7.78, a PEG ratio of 4.36 and a beta of 0.53. The firm has a fifty day moving average of $3.34 and a two-hundred day moving average of $4.49.
Agora Company Profile
(
Free Report)
Agora, Inc operates in real-time engagement technology business in the People's Republic of China, the United States, and internationally. The company offers real-time engagement platform-as-a-services providing developers with application programming interfaces to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications.
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