Barclays PLC Buys 270 Shares of JOYY Inc. (NASDAQ:YY)

Barclays PLC lifted its stake in shares of JOYY Inc. (NASDAQ:YY) by 1.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 20,543 shares of the information services provider’s stock after buying an additional 270 shares during the period. Barclays PLC’s holdings in JOYY were worth $744,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in 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 valued at $79,000 after buying an additional 300 shares during the period. Natixis Advisors LLC increased its stake 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 in the last quarter. DekaBank Deutsche Girozentrale lifted its position in JOYY by 5.7% during 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 during the period. Loomis Sayles & Co. L P bought a new stake in JOYY during the third quarter worth about $25,000. Finally, Geode Capital Management LLC grew its holdings in JOYY by 1.2% in the third quarter. Geode Capital Management LLC now owns 72,152 shares of the information services provider’s stock worth $2,615,000 after purchasing an additional 877 shares during the period. 36.83% of the stock is owned by institutional investors.

JOYY Stock Performance

Shares of NASDAQ YY opened at $40.42 on Thursday. The company has a 50 day simple moving average of $38.65 and a two-hundred day simple moving average of $35.90. JOYY Inc. has a fifty-two week low of $27.88 and a fifty-two week high of $42.88. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 12.21 and a beta of 0.27.

JOYY Company Profile

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.