BNP Paribas Financial Markets lowered its stake in Gravity Co., Ltd. (NASDAQ:GRVY - Free Report) by 15.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,002 shares of the technology company's stock after selling 4,135 shares during the period. BNP Paribas Financial Markets owned approximately 0.33% of Gravity worth $1,452,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of GRVY. Signaturefd LLC grew its holdings in Gravity by 111.5% in the fourth quarter. Signaturefd LLC now owns 423 shares of the technology company's stock worth $27,000 after purchasing an additional 223 shares during the period. WealthCollab LLC boosted its stake in Gravity by 91.6% during the fourth quarter. WealthCollab LLC now owns 979 shares of the technology company's stock worth $62,000 after buying an additional 468 shares during the period. R Squared Ltd bought a new position in shares of Gravity during the fourth quarter valued at approximately $52,000. Apis Capital Advisors LLC increased its stake in Gravity by 7.5% in the fourth quarter. Apis Capital Advisors LLC now owns 20,000 shares of the technology company's stock worth $1,262,000 after purchasing an additional 1,400 shares during the period. Finally, Flower City Capital bought a new position in Gravity in the 4th quarter worth about $253,000. 9.92% of the stock is owned by institutional investors.
Gravity Trading Down 1.8%
Shares of GRVY traded down $1.23 during mid-day trading on Wednesday, hitting $65.39. The company's stock had a trading volume of 8,332 shares, compared to its average volume of 26,345. Gravity Co., Ltd. has a 52-week low of $53.12 and a 52-week high of $88.85. The company's 50-day moving average is $60.12 and its 200-day moving average is $61.71. The firm has a market capitalization of $454.40 million, a price-to-earnings ratio of 7.28 and a beta of 1.32.
Gravity (NASDAQ:GRVY - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The technology company reported $2.15 EPS for the quarter. Gravity had a net margin of 14.98% and a return on equity of 34.76%. The company had revenue of $93.23 million for the quarter.
Gravity Company Profile
(
Free Report)
Gravity Co, Ltd. develops and publishes online and mobile games worldwide. It offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Landverse. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; Generation Zombie; Ragnarok Idle Adventure; Ragnarok 20 Heroes; White Chord; WITH: Whale In The High; Ragnarok Lost Memories; and Paladog Tactics.
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