Marshall Wace LLP lessened its stake in Kura Sushi USA, Inc. (NASDAQ:KRUS – Free Report) by 27.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 119,934 shares of the company’s stock after selling 45,416 shares during the period. Marshall Wace LLP’s holdings in Kura Sushi USA were worth $7,567,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in KRUS. Comerica Bank lifted its stake in shares of Kura Sushi USA by 58.6% in the 1st quarter. Comerica Bank now owns 268 shares of the company’s stock valued at $31,000 after purchasing an additional 99 shares during the period. Headlands Technologies LLC bought a new position in shares of Kura Sushi USA during the 1st quarter worth approximately $46,000. RiverPark Advisors LLC grew its position in shares of Kura Sushi USA by 293.5% during the 1st quarter. RiverPark Advisors LLC now owns 1,452 shares of the company’s stock worth $167,000 after buying an additional 1,083 shares during the period. Red Door Wealth Management LLC bought a new stake in shares of Kura Sushi USA in the 1st quarter valued at $237,000. Finally, Virtu Financial LLC acquired a new position in shares of Kura Sushi USA during the 1st quarter valued at $370,000. 65.49% of the stock is currently owned by institutional investors.
Kura Sushi USA Stock Down 2.2 %
Shares of Kura Sushi USA stock opened at $80.56 on Tuesday. The company has a market cap of $904.77 million, a PE ratio of -1,150.86 and a beta of 1.87. Kura Sushi USA, Inc. has a 52 week low of $48.66 and a 52 week high of $122.81. The business has a 50 day moving average price of $65.80 and a 200-day moving average price of $84.16.
Analyst Upgrades and Downgrades
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Kura Sushi USA Profile
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Want to see what other hedge funds are holding KRUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kura Sushi USA, Inc. (NASDAQ:KRUS – Free Report).
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