Zhihu Inc. (NYSE:ZH) Shares Sold by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC trimmed its position in Zhihu Inc. (NYSE:ZH) by 40.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,203 shares of the company’s stock after selling 6,842 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Zhihu were worth $36,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in shares of Zhihu in the 4th quarter valued at $242,000. FIL Ltd purchased a new position in shares of Zhihu in the 4th quarter valued at $454,000. Russell Investments Group Ltd. purchased a new position in shares of Zhihu in the 4th quarter valued at $67,000. Arrowstreet Capital Limited Partnership grew its position in shares of Zhihu by 172.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 603,673 shares of the company’s stock valued at $2,137,000 after buying an additional 382,039 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Zhihu by 55.1% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 81,433 shares of the company’s stock valued at $288,000 after buying an additional 28,943 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Zhihu Price Performance

NYSE ZH opened at $3.95 on Tuesday. The firm’s fifty day moving average price is $4.09 and its 200 day moving average price is $4.00. The company has a market capitalization of $344.90 million, a price-to-earnings ratio of -7.05 and a beta of 0.17. Zhihu Inc. has a 12 month low of $2.55 and a 12 month high of $6.32.

Zhihu (NYSE:ZH) last posted its earnings results on Wednesday, March 26th. The company reported $0.14 EPS for the quarter. The firm had revenue of $117.71 million for the quarter. Zhihu had a negative net margin of 9.28% and a negative return on equity of 8.01%.

Zhihu Profile

Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.