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

Venturi Wealth Management LLC lifted its holdings in shares of Playtika Holding Corp. (NASDAQ:PLTK) by 449.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,400 shares of the company’s stock after purchasing 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.

Several other large investors also recently made changes to their positions in the stock. International Assets Investment Management LLC grew its position in Playtika by 692.0% during the third quarter. International Assets Investment Management LLC now owns 11,484 shares of the company’s stock worth $91,000 after buying an additional 10,034 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Playtika by 170.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 53,530 shares of the company’s stock valued at $424,000 after acquiring an additional 33,711 shares during the period. Pallas Capital Advisors LLC raised its stake in Playtika by 41.2% during the third quarter. Pallas Capital Advisors LLC now owns 47,249 shares of the company’s stock worth $359,000 after acquiring an additional 13,787 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Playtika during the third quarter valued at $81,000. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Playtika in the 3rd quarter valued at $62,000. Institutional investors own 11.94% of the company’s stock.

Insiders Place Their Bets

In related news, major shareholder Holding Uk Ltd Playtika II sold 124,490 shares of Playtika stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $8.44, for a total value of $1,050,695.60. Following the sale, the insider now owns 202,673,467 shares of the company’s stock, valued at approximately $1,710,564,061.48. The trade was a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders sold 583,307 shares of company stock worth $4,767,848. Corporate insiders own 4.80% of the company’s stock.

Playtika Price Performance

NASDAQ:PLTK opened at $6.97 on Monday. Playtika Holding Corp. has a fifty-two week low of $6.25 and a fifty-two week 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. The stock has a market capitalization of $2.60 billion, a PE ratio of 12.02, a price-to-earnings-growth ratio of 1.69 and a beta of 0.92.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Macquarie restated a “neutral” rating and set a $7.00 price target on shares of Playtika in a research report on Friday, November 8th. Roth Mkm lifted their price target on Playtika from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $9.00.

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.