1 week Ago By Defense World Staff
Corebridge Financial Inc. decreased its holdings in shares of MoneyLion Inc. (NYSE:ML – Free Report) by 5.
5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,295 shares of the company’s stock after selling 249 shares during the period. Corebridge Financial Inc.
’s holdings in MoneyLion were worth $369,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently modified their holdings of the business. SBI Securities Co.
Ltd. bought a new position in shares of MoneyLion during the fourth quarter valued at approximately $29,000. FMR LLC increased its position in MoneyLion by 154.
6% in the third quarter. FMR LLC now owns 1,049 shares of the company’s stock worth $44,000 after buying an additional 637 shares during the period. New York State Teachers Retirement System bought a new stake in MoneyLion in the fourth quarter valued at $67,000.
KLP Kapitalforvaltning AS acquired a new position in shares of MoneyLion during the fourth quarter valued at $86,000. Finally, PFG Investments LLC bought a new position in shares of MoneyLion during the fourth quarter worth about $215,000. 31.
43% of the stock is owned by institutional investors and hedge funds. MoneyLion Stock PerformanceShares of NYSE ML opened at $86.03 on Thursday.
MoneyLion Inc. has a 1 year low of $36.65 and a 1 year high of $106.
82. The firm has a market cap of $973.86 million, a P/E ratio of 391.
05 and a beta of 2.94. The stock has a fifty day moving average price of $86.
84 and a two-hundred day moving average price of $76.56. Analysts Set New Price TargetsA number of research analysts have issued reports on the stock.
Needham & Company LLC reissued a “hold” rating on shares of MoneyLion in a research note on Friday, March 7th. Lake Street Capital reiterated a “hold” rating and set a $82.00 price objective (down from $109.
00) on shares of MoneyLion in a research report on Wednesday, December 11th. Finally, B. Riley cut MoneyLion from a “buy” rating to a “neutral” rating and lowered their target price for the company from $133.
00 to $90.00 in a research report on Wednesday, February 26th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company.
According to data from MarketBeat, MoneyLion presently has an average rating of “Moderate Buy” and a consensus target price of $92.83.Check Out Our Latest Report on MoneyLionInsider Activity at MoneyLionIn other news, CAO Mark Torossian sold 1,136 shares of the company’s stock in a transaction on Tuesday, February 18th.
The stock was sold at an average price of $87.26, for a total transaction of $99,127.36.
Following the completion of the sale, the chief accounting officer now directly owns 17,476 shares of the company’s stock, valued at $1,524,955.76. This represents a 6.
10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Richard Correia sold 3,502 shares of MoneyLion stock in a transaction dated Monday, February 24th.
The stock was sold at an average price of $85.76, for a total value of $300,331.52.
Following the completion of the transaction, the chief financial officer now directly owns 182,570 shares in the company, valued at $15,657,203.20. This represents a 1.
88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 54,309 shares of company stock valued at $4,716,335 over the last 90 days.
11.90% of the stock is currently owned by corporate insiders. About MoneyLion (Free Report)MoneyLion Inc, a financial technology company, provides personalized products and financial content for American consumers.
The company's platform offers access to banking, borrowing, and investing solutions for customers. Its principal products include RoarMoney, an insured digital demand deposit account; Instacash, a cash advance product that gives customers early access to their recurring income deposits; Credit Builder Plus membership program; MoneyLion Investing, an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund portfolios; Roundups, which provides features designed to encourage customers to establish good saving and investing habits; and MoneyLion Crypto, an online cryptocurrency account.Read MoreFive stocks we like better than MoneyLionExpert Stock Trading Psychology TipsQuantum Computing: The $6.
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