Aprio Wealth Management LLC Purchases Shares of 4,831 JOYY Inc. (NASDAQ:YY)

Aprio Wealth Management LLC acquired a new stake in shares of JOYY Inc. (NASDAQ:YY) during the 4th quarter, Holdings Channel reports. The firm acquired 4,831 shares of the information services provider’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Barclays PLC raised its holdings in JOYY by 1.3% during the third quarter. Barclays PLC now owns 20,543 shares of the information services provider’s stock worth $744,000 after buying an additional 270 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of JOYY by 12.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,634 shares of the information services provider’s stock worth $79,000 after acquiring an additional 300 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of JOYY by 1.7% in the 3rd quarter. Natixis Advisors LLC now owns 21,208 shares of the information services provider’s stock worth $769,000 after acquiring an additional 352 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in JOYY by 5.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 7,751 shares of the information services provider’s stock valued at $291,000 after acquiring an additional 421 shares in the last quarter. Finally, Loomis Sayles & Co. L P acquired a new position in JOYY during the 3rd quarter valued at about $25,000. Institutional investors own 36.83% of the company’s stock.

JOYY Stock Up 0.5 %

Shares of JOYY stock opened at $39.80 on Wednesday. JOYY Inc. has a 52 week low of $27.88 and a 52 week high of $42.88. The business has a 50 day moving average price of $38.52 and a 200-day moving average price of $35.87. The company has a market cap of $2.14 billion, a PE ratio of 12.02 and a beta of 0.27.

About JOYY

JOYY Inc, together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.