Jane Street Group LLC boosted its holdings in SEALSQ Corp (NASDAQ:LAES - Free Report) by 3,066.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 495,920 shares of the company's stock after buying an additional 480,257 shares during the quarter. Jane Street Group LLC owned approximately 0.53% of SEALSQ worth $3,050,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the business. Marshall Wace LLP bought a new position in SEALSQ in the 4th quarter valued at approximately $3,620,000. SBI Securities Co. Ltd. bought a new position in SEALSQ in the 4th quarter valued at approximately $707,000. Finer Wealth Management Inc. bought a new position in SEALSQ in the 4th quarter valued at approximately $615,000. Bravias Capital Group LLC bought a new position in SEALSQ in the 4th quarter valued at approximately $141,000. Finally, HUB Investment Partners LLC bought a new position in SEALSQ in the 4th quarter valued at approximately $115,000. Institutional investors own 1.25% of the company's stock.
SEALSQ Trading Up 8.9%
NASDAQ:LAES traded up $0.21 on Friday, reaching $2.58. 16,881,812 shares of the stock traded hands, compared to its average volume of 14,600,953. The company's 50 day moving average is $2.64 and its 200-day moving average is $2.83. The company has a debt-to-equity ratio of 3.55, a quick ratio of 3.20 and a current ratio of 3.58. SEALSQ Corp has a 1-year low of $0.29 and a 1-year high of $11.00.
SEALSQ Company Profile
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Free Report)
SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.
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