Balyasny Asset Management L.P. Takes $109,000 Position in Triller Group Inc. (NYSE:ILLR)

Balyasny Asset Management L.P. purchased a new stake in Triller Group Inc. (NYSE:ILLR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 45,823 shares of the company’s stock, valued at approximately $109,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Schonfeld Strategic Advisors LLC bought a new stake in shares of Triller Group in the 4th quarter valued at about $32,000. Harbert Fund Advisors Inc. acquired a new position in Triller Group during the fourth quarter valued at approximately $79,000. Alpine Global Management LLC bought a new stake in Triller Group in the fourth quarter valued at approximately $83,000. Finally, Geode Capital Management LLC bought a new stake in Triller Group in the fourth quarter valued at approximately $148,000. 0.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Triller Group

In related news, Director Robert E. Jr. Diamond sold 129,275 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $1.04, for a total transaction of $134,446.00. Following the completion of the sale, the director now directly owns 150,000 shares of the company’s stock, valued at approximately $156,000. This represents a 46.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 154,629 shares of company stock worth $160,353 in the last quarter. Corporate insiders own 8.80% of the company’s stock.

Triller Group Stock Up 5.1%

Shares of NYSE ILLR opened at $0.95 on Monday. Triller Group Inc. has a twelve month low of $0.51 and a twelve month high of $5.98. The stock has a market cap of $155.36 million, a price-to-earnings ratio of -0.78 and a beta of -1.64. The company’s fifty day moving average is $0.93 and its 200-day moving average is $1.94.

Triller Group Profile

Triller Group, Inc engages in the provision of an artificial intelligence-powered, social media and live-streaming event platform for creators. It uses proprietary AI technology to push and track content virtually to affiliated and non-affiliated sites and networks. The company is headquartered in Los Angeles, CA.