WINTON GROUP Ltd bought a new stake in shares of WEBTOON Entertainment Inc. (NASDAQ:WBTN – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 18,087 shares of the company’s stock, valued at approximately $413,000.
Separately, Federated Hermes Inc. purchased a new stake in shares of WEBTOON Entertainment during the second quarter worth $32,145,000.
Insider Activity
In other news, insider Junkoo Kim acquired 22,596 shares of WEBTOON Entertainment stock in a transaction dated Friday, August 16th. The shares were acquired at an average cost of $11.88 per share, with a total value of $268,440.48. Following the purchase, the insider now directly owns 905,070 shares of the company’s stock, valued at approximately $10,752,231.60. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, Director Namsun Kim acquired 7,195 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was purchased at an average cost of $13.90 per share, for a total transaction of $100,010.50. Following the purchase, the director now directly owns 7,195 shares in the company, valued at $100,010.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Junkoo Kim purchased 22,596 shares of WEBTOON Entertainment stock in a transaction on Friday, August 16th. The shares were acquired at an average price of $11.88 per share, with a total value of $268,440.48. Following the transaction, the insider now directly owns 905,070 shares in the company, valued at approximately $10,752,231.60. The disclosure for this purchase can be found here. Insiders have bought 56,526 shares of company stock valued at $710,459 in the last three months.
Analyst Ratings Changes
View Our Latest Research Report on WEBTOON Entertainment
WEBTOON Entertainment Price Performance
WEBTOON Entertainment stock opened at $10.51 on Thursday. WEBTOON Entertainment Inc. has a one year low of $10.22 and a one year high of $25.66. The firm has a fifty day simple moving average of $15.89.
WEBTOON Entertainment (NASDAQ:WBTN – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.92. The company had revenue of $320.97 million for the quarter, compared to analysts’ expectations of $340.72 million. The company’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.01) EPS. On average, analysts predict that WEBTOON Entertainment Inc. will post -1.3 earnings per share for the current year.
WEBTOON Entertainment Profile
Our Vision To be the world’s storytelling technology platform empowering creation by anyone, for everyone. WEBTOON is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. We have pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication.
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