Citadel Advisors LLC Has $398,000 Stock Holdings in Coda Octopus Group, Inc. (NASDAQ:CODA)

Citadel Advisors LLC increased its position in shares of Coda Octopus Group, Inc. (NASDAQ:CODA) by 90.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,804 shares of the company’s stock after acquiring an additional 24,084 shares during the quarter. Citadel Advisors LLC owned about 0.45% of Coda Octopus Group worth $398,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in shares of Coda Octopus Group by 3.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 59,999 shares of the company’s stock valued at $470,000 after purchasing an additional 2,180 shares during the period. Geode Capital Management LLC lifted its stake in Coda Octopus Group by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 59,424 shares of the company’s stock valued at $465,000 after buying an additional 2,054 shares during the period. Northern Trust Corp lifted its stake in Coda Octopus Group by 52.9% in the fourth quarter. Northern Trust Corp now owns 38,833 shares of the company’s stock valued at $304,000 after buying an additional 13,442 shares during the period. Renaissance Technologies LLC lifted its stake in Coda Octopus Group by 137.2% in the fourth quarter. Renaissance Technologies LLC now owns 23,751 shares of the company’s stock valued at $186,000 after buying an additional 13,737 shares during the period. Finally, Essex Investment Management Co. LLC acquired a new position in Coda Octopus Group in the fourth quarter valued at about $114,000. Institutional investors and hedge funds own 20.12% of the company’s stock.

Coda Octopus Group Stock Performance

CODA opened at $6.42 on Wednesday. The firm has a market cap of $72.10 million, a PE ratio of 19.46 and a beta of 0.61. Coda Octopus Group, Inc. has a twelve month low of $5.76 and a twelve month high of $9.89. The firm’s fifty day moving average is $6.63 and its two-hundred day moving average is $7.52.

Coda Octopus Group (NASDAQ:CODA) last issued its quarterly earnings data on Monday, March 17th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Coda Octopus Group had a net margin of 17.95% and a return on equity of 7.04%. The business had revenue of $5.21 million for the quarter, compared to analyst estimates of $6.35 million.

About Coda Octopus Group

Coda Octopus Group, Inc, together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business.