Entropy Technologies LP Purchases Shares of 12,161 Playtika Holding Corp. (NASDAQ:PLTK)

Entropy Technologies LP purchased a new stake in shares of Playtika Holding Corp. (NASDAQ:PLTK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,161 shares of the company’s stock, valued at approximately $84,000.

A number of other large investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Playtika during the 4th quarter valued at about $187,000. Choreo LLC grew its stake in shares of Playtika by 14.9% during the 4th quarter. Choreo LLC now owns 12,485 shares of the company’s stock valued at $90,000 after acquiring an additional 1,619 shares during the period. R Squared Ltd bought a new position in shares of Playtika during the 4th quarter valued at approximately $57,000. KBC Group NV grew its stake in shares of Playtika by 166.1% during the 4th quarter. KBC Group NV now owns 20,808 shares of the company’s stock valued at $144,000 after acquiring an additional 12,988 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of Playtika by 76.2% during the 4th quarter. SG Americas Securities LLC now owns 175,008 shares of the company’s stock valued at $1,215,000 after acquiring an additional 75,702 shares during the period. 11.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PLTK has been the subject of a number of recent research reports. Roth Mkm boosted their price objective on Playtika from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Macquarie reiterated a “neutral” rating and set a $7.00 price objective on shares of Playtika in a research note on Friday, November 8th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $9.25.

Insider Transactions at Playtika

In other news, major shareholder Holding Uk Ltd Playtika II sold 73,321 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $8.55, for a total transaction of $626,894.55. Following the sale, the insider now directly owns 203,065,335 shares of the company’s stock, valued at $1,736,208,614.25. This represents a 0.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 753,894 shares of company stock valued at $6,239,985 in the last ninety days. Corporate insiders own 4.80% of the company’s stock.

Playtika Trading Down 0.4 %

NASDAQ PLTK opened at $7.42 on Friday. The stock has a market cap of $2.77 billion, a PE ratio of 12.79, a P/E/G ratio of 1.72 and a beta of 0.92. Playtika Holding Corp. has a 12 month low of $6.25 and a 12 month high of $9.15. The stock’s 50 day moving average is $7.21 and its 200 day moving average is $7.57.

Playtika Company Profile

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games. It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms.