Renaissance Technologies LLC Lowers Stock Holdings in Cronos Group Inc. (NASDAQ:CRON)

Renaissance Technologies LLC lessened its holdings in Cronos Group Inc. (NASDAQ:CRON) by 38.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 408,341 shares of the company’s stock after selling 257,608 shares during the period. Renaissance Technologies LLC owned 0.11% of Cronos Group worth $825,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp increased its position in Cronos Group by 64.5% in the fourth quarter. Jones Financial Companies Lllp now owns 16,623 shares of the company’s stock worth $34,000 after purchasing an additional 6,520 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new position in Cronos Group during the 4th quarter worth $29,000. SBI Securities Co. Ltd. bought a new position in shares of Cronos Group during the fourth quarter valued at approximately $30,000. Headlands Technologies LLC raised its holdings in Cronos Group by 904.4% in the fourth quarter. Headlands Technologies LLC now owns 28,917 shares of the company’s stock worth $58,000 after purchasing an additional 26,038 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Cronos Group by 6.4% during the 4th quarter. Geode Capital Management LLC now owns 546,700 shares of the company’s stock worth $1,104,000 after buying an additional 33,121 shares during the last quarter. 8.71% of the stock is owned by institutional investors.

Cronos Group Price Performance

Shares of CRON stock opened at $1.87 on Friday. Cronos Group Inc. has a 1 year low of $1.60 and a 1 year high of $3.14. The business has a fifty day moving average of $1.83 and a 200 day moving average of $1.96. The firm has a market capitalization of $720.71 million, a price-to-earnings ratio of -14.38, a price-to-earnings-growth ratio of 1.74 and a beta of 1.02.

Cronos Group Profile

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.