Virtu Financial LLC Invests $141,000 in Zhihu Inc. (NYSE:ZH)

Virtu Financial LLC bought a new stake in Zhihu Inc. (NYSE:ZH) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 36,499 shares of the company’s stock, valued at approximately $141,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC acquired a new stake in Zhihu during the third quarter worth about $511,000. XTX Topco Ltd acquired a new stake in Zhihu during the 3rd quarter worth approximately $151,000. Jane Street Group LLC raised its holdings in Zhihu by 65.1% in the third quarter. Jane Street Group LLC now owns 175,381 shares of the company’s stock valued at $675,000 after buying an additional 69,160 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in Zhihu in the third quarter valued at approximately $27,000. Finally, Walleye Capital LLC acquired a new position in Zhihu during the third quarter valued at approximately $212,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Citigroup dropped their price objective on shares of Zhihu from $5.40 to $4.70 and set a “buy” rating for the company in a research report on Friday, November 29th.

Zhihu Price Performance

Shares of NYSE ZH opened at $3.63 on Friday. Zhihu Inc. has a 1-year low of $2.55 and a 1-year high of $5.94. The company has a market capitalization of $316.96 million, a price-to-earnings ratio of -6.48 and a beta of 0.21. The business has a 50-day moving average of $3.63 and a 200-day moving average of $3.40.

Zhihu Profile

Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.