1 day Ago By ABMN Staff
Trexquant Investment LP acquired a new position in Nexxen International Ltd. ( NASDAQ:NEXN – Free Report ) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 29,529 shares of the company’s stock, valued at approximately $296,000.
Other institutional investors have also modified their holdings of the company. Rice Hall James & Associates LLC raised its position in Nexxen International by 86.3% in the fourth quarter.
Rice Hall James & Associates LLC now owns 567,544 shares of the company’s stock worth $5,687,000 after acquiring an additional 262,961 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Nexxen International in the 4th quarter worth approximately $1,456,000. Navellier & Associates Inc.
acquired a new stake in Nexxen International during the fourth quarter valued at approximately $984,000. O Shaughnessy Asset Management LLC bought a new stake in Nexxen International during the fourth quarter worth approximately $598,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Nexxen International in the fourth quarter worth approximately $289,000.
Institutional investors and hedge funds own 54.24% of the company’s stock. Nexxen International Price Performance NASDAQ NEXN opened at $8.
65 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.
43 and a quick ratio of 1.43. The firm has a market capitalization of $548.
56 million, a price-to-earnings ratio of 216.25 and a beta of 1.81.
The company has a 50 day simple moving average of $9.85 and a 200-day simple moving average of $15.34.
Nexxen International Ltd. has a 52-week low of $6.93 and a 52-week high of $21.
88. Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on NEXN shares. Craig Hallum assumed coverage on Nexxen International in a research report on Thursday.
They set a “buy” rating and a $15.00 price objective for the company. Canaccord Genuity Group assumed coverage on Nexxen International in a research report on Wednesday, March 26th.
They issued a “buy” rating and a $12.00 price target for the company. Scotiabank began coverage on Nexxen International in a report on Monday, March 31st.
They set a “sector outperform” rating and a $17.00 price objective on the stock. JMP Securities reiterated a “market outperform” rating and issued a $22.
00 target price on shares of Nexxen International in a report on Monday, January 27th. Finally, Needham & Company LLC restated a “buy” rating and set a $12.00 price target on shares of Nexxen International in a report on Thursday, March 6th.
One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $16.
75. Read Our Latest Stock Analysis on NEXN About Nexxen International ( Free Report ) Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach publishers Israel.
The company’s demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Featured Stories Want to see what other hedge funds are holding NEXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nexxen International Ltd.
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