Deutsche Bank AG bought a new stake in Innovid Corp. (NYSE:CTV – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 48,017 shares of the company’s stock, valued at approximately $148,000.
Several other hedge funds also recently bought and sold shares of CTV. D. E. Shaw & Co. Inc. acquired a new stake in Innovid during the 4th quarter worth $177,000. Bank of America Corp DE raised its position in shares of Innovid by 65.3% during the fourth quarter. Bank of America Corp DE now owns 94,666 shares of the company’s stock worth $293,000 after purchasing an additional 37,398 shares during the period. Beryl Capital Management LLC acquired a new stake in shares of Innovid during the fourth quarter worth about $17,488,000. BNP Paribas Financial Markets acquired a new stake in shares of Innovid during the fourth quarter worth about $43,000. Finally, Algert Global LLC raised its position in shares of Innovid by 207.9% during the fourth quarter. Algert Global LLC now owns 102,005 shares of the company’s stock worth $315,000 after purchasing an additional 68,880 shares during the period. 25.46% of the stock is currently owned by institutional investors and hedge funds.
Innovid Stock Performance
Shares of CTV stock opened at $3.14 on Wednesday. The company has a market capitalization of $466.21 million, a P/E ratio of -34.89 and a beta of 3.25. The company’s 50 day moving average price is $3.14 and its two-hundred day moving average price is $3.08. Innovid Corp. has a 52 week low of $1.50 and a 52 week high of $3.40.
Innovid Company Profile
Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.
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