Assetmark Inc. Has $72,000 Position in Olink Holding AB (publ) (NASDAQ:OLK)

Assetmark Inc. increased its holdings in Olink Holding AB (publ) (NASDAQ:OLKFree Report) by 30.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,874 shares of the company’s stock after purchasing an additional 672 shares during the period. Assetmark Inc.’s holdings in Olink Holding AB (publ) were worth $72,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in OLK. Jump Financial LLC acquired a new position in Olink Holding AB (publ) in the third quarter worth about $232,000. Trexquant Investment LP increased its holdings in shares of Olink Holding AB (publ) by 23.0% during the third quarter. Trexquant Investment LP now owns 33,156 shares of the company’s stock worth $489,000 after buying an additional 6,193 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of Olink Holding AB (publ) during the fourth quarter worth approximately $692,000. New York State Common Retirement Fund increased its holdings in shares of Olink Holding AB (publ) by 3.7% during the third quarter. New York State Common Retirement Fund now owns 67,166 shares of the company’s stock worth $991,000 after buying an additional 2,368 shares in the last quarter. Finally, Picton Mahoney Asset Management acquired a new stake in shares of Olink Holding AB (publ) during the fourth quarter worth approximately $1,300,000. Institutional investors and hedge funds own 30.19% of the company’s stock.

Wall Street Analysts Forecast Growth

OLK has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $26.00 price objective on shares of Olink Holding AB (publ) in a report on Tuesday, March 26th. Canaccord Genuity Group reaffirmed a “hold” rating and set a $26.00 price objective on shares of Olink Holding AB (publ) in a report on Tuesday, March 26th.

Read Our Latest Stock Analysis on OLK

Olink Holding AB (publ) Price Performance

OLK opened at $23.95 on Friday. Olink Holding AB has a one year low of $14.10 and a one year high of $26.01. The company’s 50 day simple moving average is $23.34 and its 200-day simple moving average is $24.25.

Olink Holding AB (publ) (NASDAQ:OLKGet Free Report) last released its quarterly earnings results on Monday, May 13th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.01). Olink Holding AB (publ) had a negative net margin of 19.72% and a negative return on equity of 7.07%. The company had revenue of $28.75 million for the quarter, compared to the consensus estimate of $31.29 million. On average, equities analysts anticipate that Olink Holding AB will post -0.19 EPS for the current fiscal year.

About Olink Holding AB (publ)

(Free Report)

Olink Holding AB (publ) develops, produces, markets, and sells biotechnological products and services for the academic, government, biopharmaceutical, biotechnology, service provider, and other institutions that focuses on life science research. The company's products include Olink Explore that consist of Explore 372 and Explore 384 for cardiovascular and metabolic, oncology, neurology, and inflammation diseases; Olink Target product line; Olink Flex, a low-plex applications and use-cases; and Olink Focus product line that consists of custom developed solutions for customers that has identified various proteins of interest or a protein signature to focus on.

See Also

Institutional Ownership by Quarter for Olink Holding AB (publ) (NASDAQ:OLK)

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