Nextdoor Holdings, Inc. $KIND Shares Purchased by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC raised its position in Nextdoor Holdings, Inc. (NYSE:KIND) by 7.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,832,401 shares of the company’s stock after purchasing an additional 130,000 shares during the period. Quinn Opportunity Partners LLC owned about 0.48% of Nextdoor worth $3,042,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of KIND. Teacher Retirement System of Texas raised its position in shares of Nextdoor by 9.8% in the first quarter. Teacher Retirement System of Texas now owns 353,257 shares of the company’s stock valued at $540,000 after buying an additional 31,521 shares during the last quarter. Cerity Partners LLC purchased a new stake in Nextdoor in the 1st quarter worth approximately $45,000. Arizona State Retirement System raised its holdings in Nextdoor by 13.9% in the 1st quarter. Arizona State Retirement System now owns 55,626 shares of the company’s stock valued at $85,000 after acquiring an additional 6,793 shares during the last quarter. CWM LLC raised its holdings in Nextdoor by 108.7% in the 1st quarter. CWM LLC now owns 53,173 shares of the company’s stock valued at $81,000 after acquiring an additional 27,689 shares during the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in shares of Nextdoor by 205.8% during the 1st quarter. Allianz Asset Management GmbH now owns 90,200 shares of the company’s stock worth $138,000 after purchasing an additional 60,700 shares during the period. 35.66% of the stock is owned by institutional investors and hedge funds.

Nextdoor Price Performance

KIND stock opened at $1.78 on Wednesday. The stock has a market capitalization of $681.01 million, a price-to-earnings ratio of -7.42 and a beta of 1.19. Nextdoor Holdings, Inc. has a 52-week low of $1.32 and a 52-week high of $3.00. The stock’s fifty day simple moving average is $2.03 and its 200-day simple moving average is $1.81.

About Nextdoor

Nextdoor Holdings, Inc operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. The company enables neighbors and organizations to get information, give and get help, and build connections. It also offers advertising solutions, designs to generate value for businesses for connection and sales expansion.