Wellington Management Group LLP acquired a new stake in Coincheck Group NV. (NASDAQ:CNCK - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 102,451 shares of the company's stock, valued at approximately $911,000. Wellington Management Group LLP owned approximately 1.08% of Coincheck Group as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in CNCK. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Coincheck Group during the fourth quarter worth about $25,000. Shay Capital LLC purchased a new stake in Coincheck Group during the 4th quarter valued at approximately $1,005,000. Moore Capital Management LP bought a new stake in shares of Coincheck Group during the fourth quarter valued at approximately $267,000. Linden Advisors LP bought a new stake in shares of Coincheck Group during the fourth quarter valued at approximately $1,397,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Coincheck Group in the fourth quarter worth $362,000. Institutional investors own 33.22% of the company's stock.
Wall Street Analyst Weigh In
Several research firms recently weighed in on CNCK. Cantor Fitzgerald started coverage on shares of Coincheck Group in a research note on Wednesday, February 19th. They set an "overweight" rating and a $10.00 target price for the company. Wall Street Zen upgraded Coincheck Group from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.
Read Our Latest Analysis on Coincheck Group
Coincheck Group Price Performance
NASDAQ:CNCK traded up $0.11 during trading hours on Tuesday, reaching $5.34. The stock had a trading volume of 32,343 shares, compared to its average volume of 67,033. Coincheck Group NV. has a 52 week low of $4.22 and a 52 week high of $14.42. The company's 50 day moving average price is $6.22.
Coincheck Group Profile
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Free Report)
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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