Signaturefd LLC Raises Stake in WEBTOON Entertainment Inc. $WBTN

Signaturefd LLC raised its stake in WEBTOON Entertainment Inc. (NASDAQ:WBTN) by 59.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,375 shares of the company’s stock after buying an additional 1,261 shares during the quarter. Signaturefd LLC’s holdings in WEBTOON Entertainment were worth $31,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in WBTN. Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new position in shares of WEBTOON Entertainment during the 1st quarter worth $58,000. Deutsche Bank AG grew its holdings in shares of WEBTOON Entertainment by 174.8% during the 1st quarter. Deutsche Bank AG now owns 11,012 shares of the company’s stock worth $84,000 after purchasing an additional 7,005 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of WEBTOON Entertainment during the 2nd quarter worth $107,000. Invesco Ltd. purchased a new position in shares of WEBTOON Entertainment during the 1st quarter worth $123,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of WEBTOON Entertainment during the 1st quarter worth $129,000.

WEBTOON Entertainment Trading Down 1.6%

WBTN opened at $18.20 on Wednesday. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of -23.64 and a beta of 1.80. The stock’s 50-day moving average price is $15.28 and its 200 day moving average price is $11.09. WEBTOON Entertainment Inc. has a 12-month low of $6.75 and a 12-month high of $22.47.

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on WBTN shares. Morgan Stanley increased their price target on WEBTOON Entertainment from $10.00 to $11.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of WEBTOON Entertainment in a report on Saturday, September 27th. The Goldman Sachs Group increased their price target on WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Evercore ISI increased their price target on WEBTOON Entertainment from $20.00 to $23.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on WEBTOON Entertainment from $18.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, WEBTOON Entertainment has an average rating of “Moderate Buy” and a consensus target price of $17.83.

About WEBTOON Entertainment

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.