FinVolution Group (NYSE:FINV) Shares Sold by Caxton Associates LP

Caxton Associates LP trimmed its position in FinVolution Group (NYSE:FINV) by 7.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,900 shares of the company’s stock after selling 10,063 shares during the period. Caxton Associates LP’s holdings in FinVolution Group were worth $601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Campbell & CO Investment Adviser LLC raised its stake in shares of FinVolution Group by 240.7% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 176,566 shares of the company’s stock worth $865,000 after purchasing an additional 124,746 shares during the last quarter. HCEP Management Ltd lifted its stake in FinVolution Group by 580.1% during the 4th quarter. HCEP Management Ltd now owns 250,000 shares of the company’s stock valued at $1,225,000 after acquiring an additional 213,242 shares during the period. Ballentine Partners LLC boosted its holdings in shares of FinVolution Group by 62.7% in the 1st quarter. Ballentine Partners LLC now owns 18,481 shares of the company’s stock valued at $93,000 after acquiring an additional 7,123 shares during the last quarter. DGS Capital Management LLC increased its stake in shares of FinVolution Group by 14.3% in the first quarter. DGS Capital Management LLC now owns 245,588 shares of the company’s stock worth $1,238,000 after acquiring an additional 30,753 shares during the period. Finally, Kathmere Capital Management LLC raised its holdings in shares of FinVolution Group by 28.9% during the first quarter. Kathmere Capital Management LLC now owns 35,465 shares of the company’s stock worth $179,000 after purchasing an additional 7,946 shares during the last quarter. Hedge funds and other institutional investors own 31.15% of the company’s stock.

FinVolution Group Stock Performance

NYSE:FINV opened at $5.92 on Friday. The firm’s fifty day moving average is $5.39 and its two-hundred day moving average is $5.08. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 5.43 and a beta of 0.43. FinVolution Group has a one year low of $4.22 and a one year high of $5.95.

FinVolution Group (NYSE:FINV) last posted its earnings results on Tuesday, August 20th. The company reported $0.30 EPS for the quarter. FinVolution Group had a return on equity of 16.57% and a net margin of 17.00%. The firm had revenue of $435.93 million for the quarter.

FinVolution Group Company Profile

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.