Cubist Systematic Strategies LLC Invests $807,000 in KINS Technology Group Inc. (NASDAQ:KINZ)

Cubist Systematic Strategies LLC bought a new position in shares of KINS Technology Group Inc. (NASDAQ:KINZ – Get Rating) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 80,666 shares of the company’s stock, valued at approximately $807,000. Cubist Systematic Strategies LLC owned 0.23% of KINS Technology Group as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC lifted its holdings in shares of KINS Technology Group by 12.9% during the first quarter. Hsbc Holdings PLC now owns 795,178 shares of the company’s stock worth $7,999,000 after purchasing an additional 90,870 shares during the period. Sculptor Capital LP lifted its holdings in shares of KINS Technology Group by 0.3% during the first quarter. Sculptor Capital LP now owns 363,337 shares of the company’s stock worth $3,655,000 after purchasing an additional 1,135 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of KINS Technology Group by 1.2% during the first quarter. Goldman Sachs Group Inc. now owns 209,818 shares of the company’s stock worth $2,111,000 after purchasing an additional 2,494 shares during the period. Glazer Capital LLC lifted its holdings in shares of KINS Technology Group by 38.2% during the first quarter. Glazer Capital LLC now owns 185,368 shares of the company’s stock worth $1,865,000 after purchasing an additional 51,262 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of KINS Technology Group by 51.4% during the first quarter. Bank of Montreal Can now owns 51,435 shares of the company’s stock worth $517,000 after purchasing an additional 17,468 shares during the period. Institutional investors and hedge funds own 1.45% of the company’s stock.

KINS Technology Group Price Performance

Shares of NASDAQ:KINZ opened at $9.38 on Friday. KINS Technology Group Inc. has a 12-month low of $8.04 and a 12-month high of $13.47. The business has a 50 day moving average of $10.12 and a two-hundred day moving average of $10.08.

KINS Technology Group Company Profile

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KINS Technology Group Inc intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the technology sector. The company was incorporated in 2020 and is based in Palo Alto, California.