TB Alternative Assets Ltd. Has $273,000 Stake in LightInTheBox Holding Co., Ltd. (NYSE:LITB)

TB Alternative Assets Ltd. reduced its holdings in LightInTheBox Holding Co., Ltd. (NYSE:LITB) by 33.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,780 shares of the technology company’s stock after selling 82,494 shares during the quarter. TB Alternative Assets Ltd. owned approximately 0.89% of LightInTheBox worth $273,000 at the end of the most recent reporting period.

Separately, Garden State Investment Advisory Services LLC bought a new stake in LightInTheBox during the 3rd quarter worth about $34,000. 56.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of LightInTheBox in a research report on Wednesday, January 15th. They set a “buy” rating on the stock.

LightInTheBox Trading Up 6.2 %

Shares of LITB opened at $1.27 on Tuesday. LightInTheBox Holding Co., Ltd. has a 52 week low of $1.07 and a 52 week high of $6.48. The business’s fifty day moving average price is $1.71 and its two-hundred day moving average price is $2.60.

About LightInTheBox

LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.