25,000 Shares in Inter & Co, Inc. (NASDAQ:INTR) Bought by FNY Investment Advisers LLC

FNY Investment Advisers LLC bought a new position in shares of Inter & Co, Inc. (NASDAQ:INTR) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $105,000.

Several other institutional investors also recently bought and sold shares of INTR. State Street Corp grew its holdings in Inter & Co, Inc. by 254.0% during the third quarter. State Street Corp now owns 3,339,841 shares of the company’s stock valued at $22,243,000 after purchasing an additional 2,396,448 shares during the last quarter. Millennium Management LLC lifted its position in Inter & Co, Inc. by 70.7% during the 2nd quarter. Millennium Management LLC now owns 4,512,367 shares of the company’s stock worth $27,751,000 after acquiring an additional 1,868,527 shares during the last quarter. Fourth Sail Capital LP bought a new stake in Inter & Co, Inc. during the third quarter valued at about $9,313,000. Marshall Wace LLP increased its stake in shares of Inter & Co, Inc. by 152.9% in the second quarter. Marshall Wace LLP now owns 2,309,503 shares of the company’s stock worth $14,203,000 after purchasing an additional 1,396,317 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Inter & Co, Inc. by 436.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,672,833 shares of the company’s stock worth $11,060,000 after purchasing an additional 1,361,258 shares during the last quarter. 22.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their price target on Inter & Co, Inc. from $8.50 to $7.20 and set an “overweight” rating on the stock in a research report on Friday, December 13th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $7.30.

Inter & Co, Inc. Price Performance

Shares of Inter & Co, Inc. stock opened at $4.34 on Wednesday. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 12.40 and a beta of 1.29. The firm’s 50-day moving average price is $4.87 and its two-hundred day moving average price is $6.10. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01. Inter & Co, Inc. has a 1-year low of $3.88 and a 1-year high of $7.84.

Inter & Co, Inc. Profile

Inter & Co, Inc, through its subsidiaries, engages in the banking and spending, investments, insurance brokerage businesses. The company's Banking & Spending segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.