Gravity Co., Ltd. (NASDAQ:GRVY) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its holdings in Gravity Co., Ltd. (NASDAQ:GRVYFree Report) by 112.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,202 shares of the technology company’s stock after purchasing an additional 5,920 shares during the period. BNP Paribas Financial Markets owned approximately 0.16% of Gravity worth $779,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. New York State Common Retirement Fund grew its position in Gravity by 20.7% during the fourth quarter. New York State Common Retirement Fund now owns 2,637 shares of the technology company’s stock valued at $183,000 after purchasing an additional 453 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Gravity by 6.7% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 23,809 shares of the technology company’s stock valued at $1,643,000 after buying an additional 1,501 shares during the last quarter. Jump Financial LLC acquired a new position in shares of Gravity during the 3rd quarter worth $228,000. DGS Capital Management LLC acquired a new stake in shares of Gravity in the 4th quarter valued at $273,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Gravity in the third quarter worth about $900,000. 9.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Gravity from a “buy” rating to a “hold” rating in a research report on Thursday, May 23rd.

Get Our Latest Research Report on Gravity

Gravity Trading Up 1.1 %

NASDAQ:GRVY opened at $75.50 on Friday. The firm’s fifty day simple moving average is $70.81 and its 200 day simple moving average is $70.54. The firm has a market capitalization of $524.73 million, a PE ratio of 5.71 and a beta of 0.92. Gravity Co., Ltd. has a 1 year low of $53.51 and a 1 year high of $82.48.

Gravity (NASDAQ:GRVYGet Free Report) last announced its earnings results on Friday, April 12th. The technology company reported $2.35 earnings per share for the quarter. The firm had revenue of $110.31 million during the quarter. Gravity had a return on equity of 46.65% and a net margin of 16.96%.

Gravity Company Profile

(Free Report)

Gravity Co, Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and the United States. The company offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Prequel II. Its mobile games portfolio includes Ragnarok M: Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; and Paladog Tactics.

See Also

Institutional Ownership by Quarter for Gravity (NASDAQ:GRVY)

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