Millennium Management LLC trimmed its position in shares of Gravity Co., Ltd. (NASDAQ:GRVY - Free Report) by 36.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,020 shares of the technology company's stock after selling 14,562 shares during the period. Millennium Management LLC owned about 0.36% of Gravity worth $1,579,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Signaturefd LLC increased its stake in Gravity by 111.5% in the fourth quarter. Signaturefd LLC now owns 423 shares of the technology company's stock valued at $27,000 after purchasing an additional 223 shares during the last quarter. WealthCollab LLC increased its stake in Gravity by 91.6% in the fourth quarter. WealthCollab LLC now owns 979 shares of the technology company's stock valued at $62,000 after purchasing an additional 468 shares during the last quarter. Citadel Advisors LLC purchased a new position in Gravity in the fourth quarter valued at approximately $204,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Gravity in the fourth quarter valued at approximately $342,000. Finally, Trexquant Investment LP increased its stake in Gravity by 91.4% in the fourth quarter. Trexquant Investment LP now owns 13,303 shares of the technology company's stock valued at $840,000 after purchasing an additional 6,352 shares during the last quarter. 9.92% of the stock is currently owned by hedge funds and other institutional investors.
Gravity Price Performance
Shares of GRVY stock traded up $0.19 during trading hours on Friday, hitting $63.05. The stock had a trading volume of 18,595 shares, compared to its average volume of 24,915. The firm has a market capitalization of $438.13 million, a PE ratio of 7.02 and a beta of 1.27. Gravity Co., Ltd. has a twelve month low of $53.12 and a twelve month high of $88.85. The stock's 50 day moving average is $61.51 and its 200 day moving average is $61.56.
Gravity (NASDAQ:GRVY - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The technology company reported $2.15 earnings per share for the quarter. The business had revenue of $93.23 million during the quarter. Gravity had a return on equity of 34.76% and a net margin of 14.98%.
About Gravity
(
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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