4 hours Ago By ABMN Staff
Victory Capital Management Inc. bought a new position in shares of Similarweb Ltd. ( NYSE:SMWB – Free Report ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission.
The institutional investor bought 429,782 shares of the company’s stock, valued at approximately $6,090,000. A number of other hedge funds and other institutional investors have also modified their holdings of SMWB. Global Retirement Partners LLC purchased a new stake in shares of Similarweb in the fourth quarter valued at about $29,000.
New York State Common Retirement Fund acquired a new stake in shares of Similarweb in the fourth quarter valued at about $39,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Similarweb in the third quarter valued at about $70,000. Quantbot Technologies LP acquired a new stake in shares of Similarweb in the third quarter valued at about $75,000.
Finally, Heck Capital Advisors LLC acquired a new stake in shares of Similarweb in the fourth quarter valued at about $115,000. 57.59% of the stock is currently owned by institutional investors and hedge funds.
Similarweb Price Performance Shares of SMWB stock opened at $9.02 on Friday. The stock has a market cap of $745.
55 million, a P/E ratio of -64.45 and a beta of 1.08.
Similarweb Ltd. has a one year low of $5.71 and a one year high of $17.
64. The stock has a fifty day moving average price of $13.09 and a 200 day moving average price of $11.
49. Wall Street Analyst Weigh In Several brokerages recently commented on SMWB. Jefferies Financial Group raised their price objective on shares of Similarweb from $13.
00 to $23.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Citigroup lifted their target price on shares of Similarweb from $14.
00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. JMP Securities restated a “market outperform” rating and set a $17.
00 target price on shares of Similarweb in a research report on Thursday, February 13th. Needham & Company LLC restated a “buy” rating and set a $14.00 target price on shares of Similarweb in a research report on Thursday, February 13th.
Finally, The Goldman Sachs Group began coverage on shares of Similarweb in a research report on Wednesday, December 11th. They set a “buy” rating and a $16.00 target price for the company.
Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $16.
50. Get Our Latest Research Report on Similarweb About Similarweb ( Free Report ) Similarweb Ltd. provides cloud-based digital intelligence solutions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.
The company offers digital research intelligence solutions for its customers to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing intelligence solutions for its customers to understand their competitors' online acquisition strategies in each marketing channel, and optimize their own strategies. Featured Articles Want to see what other hedge funds are holding SMWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Similarweb Ltd.
( NYSE:SMWB – Free Report ). Receive News & Ratings for Similarweb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Similarweb and related companies with MarketBeat.com's FREE daily email newsletter .
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