Ghisallo Capital Management LLC acquired a new stake in Coincheck Group NV. (NASDAQ:CNCK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,174,242 shares of the company's stock, valued at approximately $10,439,000. Ghisallo Capital Management LLC owned 12.37% of Coincheck Group as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP purchased a new position in shares of Coincheck Group in the 4th quarter valued at about $911,000. JPMorgan Chase & Co. acquired a new stake in shares of Coincheck Group during the 4th quarter worth about $533,000. Finally, Geode Capital Management LLC acquired a new stake in shares of Coincheck Group during the 4th quarter worth about $137,000. Hedge funds and other institutional investors own 33.22% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Cantor Fitzgerald began coverage on Coincheck Group in a research report on Wednesday, February 19th. They set an "overweight" rating and a $10.00 target price on the stock.
Get Our Latest Stock Report on Coincheck Group
Coincheck Group Stock Up 6.4 %
CNCK traded up $0.45 during trading on Thursday, hitting $7.46. 24,914 shares of the stock were exchanged, compared to its average volume of 56,932. Coincheck Group NV. has a 1-year low of $4.22 and a 1-year high of $14.42. The company's fifty day simple moving average is $6.01.
About Coincheck Group
(
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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