Goldman Sachs Group Inc. increased its holdings in Yalla Group Limited Sponsored ADR (NYSE:YALA - Free Report) by 64.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,475 shares of the company's stock after buying an additional 41,003 shares during the period. Goldman Sachs Group Inc. owned about 0.07% of Yalla Group worth $545,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of the business. Vident Advisory LLC increased its position in shares of Yalla Group by 190.7% during the first quarter. Vident Advisory LLC now owns 455,808 shares of the company's stock worth $2,379,000 after purchasing an additional 298,985 shares in the last quarter. Millennium Management LLC increased its position in shares of Yalla Group by 57.9% during the fourth quarter. Millennium Management LLC now owns 585,284 shares of the company's stock worth $2,376,000 after purchasing an additional 214,625 shares in the last quarter. E Fund Management Co. Ltd. acquired a new position in shares of Yalla Group during the first quarter worth $644,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Yalla Group during the first quarter worth $644,000. Finally, GAMMA Investing LLC increased its position in shares of Yalla Group by 265.8% during the first quarter. GAMMA Investing LLC now owns 85,044 shares of the company's stock worth $444,000 after purchasing an additional 61,796 shares in the last quarter. Institutional investors own 4.73% of the company's stock.
Yalla Group Price Performance
NYSE YALA opened at $7.74 on Friday. Yalla Group Limited Sponsored ADR has a 1 year low of $3.83 and a 1 year high of $9.29. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 9.67 and a beta of 0.80. The stock's fifty day moving average price is $7.85 and its 200 day moving average price is $6.99.
Yalla Group (NYSE:YALA - Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.20 EPS for the quarter. Yalla Group had a net margin of 42.02% and a return on equity of 20.64%. The company had revenue of $84.56 million for the quarter. Yalla Group has set its Q3 2025 guidance at EPS.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Yalla Group from a "hold" rating to a "buy" rating in a research report on Sunday, August 24th.
Check Out Our Latest Stock Analysis on YALA
About Yalla Group
(
Free Report)
Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region. It provides mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. The company's platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services.
See Also
Want to see what other hedge funds are holding YALA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yalla Group Limited Sponsored ADR (NYSE:YALA - Free Report).
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