24,239 Shares in WEBTOON Entertainment Inc. $WBTN Bought by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in WEBTOON Entertainment Inc. (NASDAQ:WBTN) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 24,239 shares of the company’s stock, valued at approximately $187,000.

A number of other large investors have also bought and sold shares of the company. Deutsche Bank AG purchased a new position in shares of WEBTOON Entertainment in the fourth quarter valued at $54,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new position in WEBTOON Entertainment during the first quarter worth about $58,000. Wells Fargo & Company MN grew its position in WEBTOON Entertainment by 37.8% during the fourth quarter. Wells Fargo & Company MN now owns 8,168 shares of the company’s stock worth $111,000 after buying an additional 2,240 shares in the last quarter. Invesco Ltd. purchased a new position in WEBTOON Entertainment during the first quarter worth about $123,000. Finally, XTX Topco Ltd purchased a new position in WEBTOON Entertainment during the first quarter worth about $131,000.

Analyst Ratings Changes

A number of research firms have recently issued reports on WBTN. Evercore ISI upped their price objective on WEBTOON Entertainment from $20.00 to $23.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. The Goldman Sachs Group upped their price objective on WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Wall Street Zen upgraded WEBTOON Entertainment from a “strong sell” rating to a “hold” rating in a report on Saturday, August 16th. Morgan Stanley increased their target price on WEBTOON Entertainment from $10.00 to $11.00 and gave the company an “equal weight” rating in a report on Wednesday, August 13th. Finally, Citigroup assumed coverage on WEBTOON Entertainment in a report on Thursday, May 15th. They issued a “buy” rating and a $11.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $14.17.

WEBTOON Entertainment Stock Performance

Shares of NASDAQ:WBTN opened at $14.41 on Friday. WEBTOON Entertainment Inc. has a 52-week low of $6.75 and a 52-week high of $18.45. The firm has a market capitalization of $1.88 billion, a P/E ratio of -18.71 and a beta of 1.34. The stock has a 50 day moving average price of $11.50 and a 200-day moving average price of $9.71.

WEBTOON Entertainment (NASDAQ:WBTN) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. WEBTOON Entertainment had a negative return on equity of 0.13% and a negative net margin of 7.24%.The company had revenue of $348.27 million during the quarter, compared to analyst estimates of $341.63 million. During the same quarter last year, the company earned $0.20 EPS. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. WEBTOON Entertainment has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that WEBTOON Entertainment Inc. will post -0.26 EPS for the current fiscal year.

WEBTOON Entertainment Company Profile

WEBTOON Entertainment Inc operates a storytelling platform worldwide. The company’s platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories.