Shay Capital LLC cut its stake in shares of IperionX Limited (NASDAQ:IPX - Free Report) by 65.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,700 shares of the company's stock after selling 29,983 shares during the period. Shay Capital LLC's holdings in IperionX were worth $540,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Stifel Financial Corp increased its stake in IperionX by 27.9% during the 4th quarter. Stifel Financial Corp now owns 900,237 shares of the company's stock worth $30,968,000 after acquiring an additional 196,558 shares during the period. Sowell Financial Services LLC acquired a new position in shares of IperionX in the 4th quarter valued at about $1,597,000. Bank of America Corp DE increased its position in IperionX by 15.8% in the 4th quarter. Bank of America Corp DE now owns 24,193 shares of the company's stock valued at $832,000 after buying an additional 3,293 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in IperionX in the 4th quarter valued at about $602,000. Finally, Marshall Wace LLP bought a new stake in IperionX during the 4th quarter worth approximately $465,000. 2.76% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, B. Riley cut their target price on IperionX from $30.00 to $28.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd.
Check Out Our Latest Stock Report on IperionX
IperionX Price Performance
IperionX stock traded up $0.17 during trading on Tuesday, hitting $21.56. The stock had a trading volume of 27,679 shares, compared to its average volume of 48,234. IperionX Limited has a 1 year low of $12.28 and a 1 year high of $38.93. The company has a debt-to-equity ratio of 0.02, a current ratio of 13.62 and a quick ratio of 13.61. The stock's 50 day moving average is $19.19 and its two-hundred day moving average is $24.44.
IperionX Company Profile
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Free Report)
IperionX's mission is to be the leading developer of low carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, have low carbon intensity and to do so at product qualities that meet or exceed current industry standards.
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