Venturi Wealth Management LLC Has $100,000 Stock Position in Playtika Holding Corp. (NASDAQ:PLTK)

Venturi Wealth Management LLC raised its holdings in Playtika Holding Corp. (NASDAQ:PLTK) by 449.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,400 shares of the company’s stock after buying an additional 11,779 shares during the quarter. Venturi Wealth Management LLC’s holdings in Playtika were worth $100,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of PLTK. KBC Group NV raised its holdings in shares of Playtika by 19.3% in the 3rd quarter. KBC Group NV now owns 7,820 shares of the company’s stock worth $62,000 after acquiring an additional 1,266 shares during the last quarter. Choreo LLC raised its stake in shares of Playtika by 14.9% in the fourth quarter. Choreo LLC now owns 12,485 shares of the company’s stock worth $90,000 after purchasing an additional 1,619 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Playtika by 14.3% in the third quarter. Captrust Financial Advisors now owns 21,474 shares of the company’s stock valued at $170,000 after purchasing an additional 2,694 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Playtika by 146.0% during the fourth quarter. GAMMA Investing LLC now owns 4,903 shares of the company’s stock valued at $34,000 after buying an additional 2,910 shares during the last quarter. Finally, Monument Capital Management grew its holdings in Playtika by 34.4% during the fourth quarter. Monument Capital Management now owns 13,523 shares of the company’s stock worth $94,000 after buying an additional 3,459 shares in the last quarter. 11.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Macquarie restated a “neutral” rating and set a $7.00 price objective on shares of Playtika in a research note on Friday, November 8th. Roth Mkm boosted their price target on shares of Playtika from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $9.00.

Insider Activity at Playtika

In other news, major shareholder Holding Uk Ltd Playtika II sold 75,923 shares of Playtika stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $7.54, for a total value of $572,459.42. Following the completion of the transaction, the insider now owns 200,554,660 shares in the company, valued at $1,512,182,136.40. This trade represents a 0.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 583,307 shares of company stock worth $4,767,848. Company insiders own 4.80% of the company’s stock.

Playtika Trading Down 2.4 %

Playtika stock opened at $6.97 on Monday. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 1.69 and a beta of 0.92. Playtika Holding Corp. has a 12 month low of $6.25 and a 12 month high of $9.15. The business’s 50 day simple moving average is $7.11 and its 200 day simple moving average is $7.57.

About Playtika

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games. It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms.