Wellington Management Group LLP Invests $911,000 in Coincheck Group NV. (NASDAQ:CNCK)

Wellington Management Group LLP acquired a new stake in shares of Coincheck Group NV. (NASDAQ:CNCK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 102,451 shares of the company's stock, valued at approximately $911,000. Wellington Management Group LLP owned 1.08% of Coincheck Group as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CNCK. JPMorgan Chase & Co. purchased a new position in Coincheck Group during the fourth quarter valued at approximately $533,000. Geode Capital Management LLC purchased a new position in Coincheck Group during the fourth quarter valued at approximately $137,000. Ghisallo Capital Management LLC purchased a new position in Coincheck Group during the fourth quarter valued at approximately $10,439,000. Jane Street Group LLC purchased a new position in Coincheck Group during the fourth quarter valued at approximately $134,000. Finally, Balyasny Asset Management L.P. purchased a new position in Coincheck Group during the fourth quarter valued at approximately $362,000. 33.22% of the stock is owned by hedge funds and other institutional investors.

Coincheck Group Stock Performance

NASDAQ CNCK opened at $5.65 on Friday. The business has a fifty day moving average price of $6.22. Coincheck Group NV. has a 12-month low of $4.22 and a 12-month high of $14.42.

Wall Street Analyst Weigh In

CNCK has been the topic of several research reports. Cantor Fitzgerald initiated coverage on shares of Coincheck Group in a report on Wednesday, February 19th. They set an "overweight" rating and a $10.00 price objective on the stock. Wall Street Zen raised shares of Coincheck Group from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd.

Coincheck Group Profile

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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