XTX Topco Ltd Purchases New Stake in Yalla Group Limited Sponsored ADR (NYSE:YALA)

Key Points

• XTX Topco Ltd acquired 42,427 shares of Yalla Group Limited, valued at approximately $221,000, as reported in its recent 13F filing.
• Yalla Group's stock trades at $8.31, with a 12-month high of $9.29 and a market cap of $1.31 billion.
• The company reported an earnings per share (EPS) of $0.20 with revenue of $84.56 million and a net margin of 42.02% for the recent quarter.

XTX Topco Ltd acquired a new position in Yalla Group Limited Sponsored ADR (NYSE:YALA - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,427 shares of the company's stock, valued at approximately $221,000.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. boosted its holdings in shares of Yalla Group by 23.5% in the first quarter. Blue Trust Inc. now owns 50,550 shares of the company's stock worth $264,000 after buying an additional 9,621 shares during the last quarter. Jump Financial LLC boosted its holdings in shares of Yalla Group by 36.3% in the fourth quarter. Jump Financial LLC now owns 47,200 shares of the company's stock worth $192,000 after buying an additional 12,571 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Yalla Group by 123.9% in the fourth quarter. Public Employees Retirement System of Ohio now owns 26,173 shares of the company's stock worth $106,000 after buying an additional 14,483 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Yalla Group by 13.4% in the first quarter. Robeco Institutional Asset Management B.V. now owns 190,606 shares of the company's stock worth $995,000 after buying an additional 22,541 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Yalla Group in the fourth quarter worth approximately $99,000. 4.73% of the stock is currently owned by institutional investors.

Yalla Group Trading Down 4.7%

NYSE YALA opened at $8.31 on Wednesday. Yalla Group Limited Sponsored ADR has a 12 month low of $3.72 and a 12 month high of $9.29. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 10.39 and a beta of 0.80. The company's 50 day moving average is $7.32 and its two-hundred day moving average is $6.20.

Yalla Group (NYSE:YALA - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported $0.20 EPS for the quarter. The company had revenue of $84.56 million during the quarter. Yalla Group had a net margin of 42.02% and a return on equity of 20.91%.

About Yalla Group

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.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.