1 day Ago By Defense World Staff
Norges Bank bought a new position in Olaplex Holdings, Inc. (NASDAQ:OLPX – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 75,131 shares of the company’s stock, valued at approximately $130,000.
Several other large investors have also added to or reduced their stakes in the company. Chemistry Wealth Management LLC acquired a new stake in shares of Olaplex during the fourth quarter worth about $25,000. Cornerstone Wealth Management LLC acquired a new stake in Olaplex during the 4th quarter valued at approximately $36,000.
Parkside Financial Bank & Trust boosted its holdings in shares of Olaplex by 290.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 21,395 shares of the company’s stock valued at $37,000 after acquiring an additional 15,911 shares during the last quarter.
KLP Kapitalforvaltning AS acquired a new stake in shares of Olaplex in the fourth quarter worth $43,000. Finally, Virtu Financial LLC purchased a new position in shares of Olaplex during the fourth quarter worth $55,000. Hedge funds and other institutional investors own 87.
37% of the company’s stock. Insider Transactions at OlaplexIn related news, insider Trisha L. Fox sold 26,526 shares of Olaplex stock in a transaction on Friday, March 7th.
The shares were sold at an average price of $1.44, for a total value of $38,197.44.
Following the sale, the insider now owns 461,548 shares of the company’s stock, valued at approximately $664,629.12. This trade represents a 5.
43 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel John C.
Duffy sold 35,013 shares of the business’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $1.44, for a total transaction of $50,418.
72. Following the completion of the sale, the general counsel now directly owns 348,630 shares of the company’s stock, valued at approximately $502,027.20.
The trade was a 9.13 % decrease in their position. The disclosure for this sale can be found here.
Corporate insiders own 4.20% of the company’s stock. Wall Street Analyst Weigh InOLPX has been the topic of several recent research reports.
Telsey Advisory Group reaffirmed a “market perform” rating and issued a $2.00 price target on shares of Olaplex in a report on Wednesday, March 12th. Barclays raised their target price on Olaplex from $1.
50 to $1.70 and gave the stock an “equal weight” rating in a report on Wednesday, March 5th. Finally, Piper Sandler lifted their price target on Olaplex from $1.
50 to $2.00 and gave the company a “neutral” rating in a research report on Monday, January 6th.Read Our Latest Stock Analysis on OlaplexOlaplex Stock Down 2.
4 %OLPX stock opened at $1.20 on Friday. Olaplex Holdings, Inc.
has a one year low of $1.01 and a one year high of $2.77.
The company has a debt-to-equity ratio of 0.73, a quick ratio of 10.32 and a current ratio of 11.
84. The firm’s fifty day moving average is $1.37 and its 200 day moving average is $1.
71. The firm has a market cap of $797.54 million, a PE ratio of 20.
00 and a beta of 2.39. Olaplex Profile (Free Report)Olaplex Holdings, Inc develops, manufactures, and sells hair care products in the United States and internationally.
The company offers hair care shampoos and conditioners for use in treatment, maintenance, and protection of hair, as well as oil, moisture mask, and nourishing hair serum. It provides hair care products to professional hair salons, retailers, and everyday consumers.See AlsoFive stocks we like better than Olaplex3 Tickers Leading a Meme Stock RevivalRobinhood Strategies Could Be a Game-Changer for Young InvestorsHow to trade penny stocks: A step-by-step guideAre These 3 Retail Stocks Oversold or Really in Trouble?Special Purpose Acquisition Company (SPAC) What You Need to Know IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are AheadWant to see what other hedge funds are holding OLPX? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Olaplex Holdings, Inc. (NASDAQ:OLPX – Free Report)..
