UP Fintech Holding Limited (NASDAQ:TIGR) Shares Bought by Capital Fund Management S.A. – Slater Sentinel

   2022-05-18 10:05


Capital Fund Management S.A. boosted its holdings in shares of UP Fintech Holding Limited (NASDAQ:TIGRGet Rating) by 279.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 227,265 shares of the company’s stock after buying an additional 167,393 shares during the quarter. Capital Fund Management S.A.’s holdings in UP Fintech were worth $1,116,000 as of its most recent SEC filing.



A number of other institutional investors have also added to or reduced their stakes in TIGR. US Bancorp DE acquired a new stake in shares of UP Fintech in the 3rd quarter valued at $25,000. Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of UP Fintech in the 3rd quarter valued at $30,000. Ground Swell Capital LLC acquired a new stake in shares of UP Fintech in the 4th quarter valued at $57,000. Envestnet Asset Management Inc. acquired a new stake in shares of UP Fintech in the 4th quarter valued at $59,000. Finally, Royal Bank of Canada raised its holdings in shares of UP Fintech by 584.5% in the 2nd quarter. Royal Bank of Canada now owns 3,094 shares of the company’s stock valued at $90,000 after purchasing an additional 2,642 shares in the last quarter. Institutional investors own 12.44% of the company’s stock.


Shares of NASDAQ:TIGR opened at $3.93 on Wednesday. The company’s fifty day moving average price is $4.46 and its 200 day moving average price is $4.90. UP Fintech Holding Limited has a 12 month low of $2.68 and a 12 month high of $29.93. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of $634.30 million, a P/E ratio of 49.13 and a beta of 1.53.

UP Fintech (NASDAQ:TIGRGet Rating) last announced its quarterly earnings results on Friday, March 18th. The company reported ($0.04) EPS for the quarter. UP Fintech had a return on equity of 3.29% and a net margin of 5.55%. The company had revenue of $62.20 million for the quarter.

Separately, Daiwa Capital Markets started coverage on shares of UP Fintech in a research note on Tuesday, January 18th. They set a “buy” rating and a $6.60 price target on the stock.

UP Fintech Profile (Get Rating)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform; and account management services.

Further Reading

Want to see what other hedge funds are holding TIGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UP Fintech Holding Limited (NASDAQ:TIGRGet Rating).

Institutional Ownership by Quarter for UP Fintech (NASDAQ:TIGR)



Receive News & Ratings for UP Fintech Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for UP Fintech and related companies with MarketBeat.com’s FREE daily email newsletter.





Original Source