Squarepoint Ops LLC Invests $161,000 in iClick Interactive Asia Group Limited (NASDAQ:ICLK)

Squarepoint Ops LLC purchased a new position in shares of iClick Interactive Asia Group Limited (NASDAQ:ICLK) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,600 shares of the company’s stock, valued at approximately $161,000.

Several other hedge funds also recently added to or reduced their stakes in ICLK. Northern Trust Corp boosted its holdings in iClick Interactive Asia Group by 4.6% in the first quarter. Northern Trust Corp now owns 60,684 shares of the company’s stock worth $714,000 after purchasing an additional 2,685 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of iClick Interactive Asia Group in the 2nd quarter worth approximately $36,000. Allianz Asset Management GmbH lifted its position in shares of iClick Interactive Asia Group by 0.7% in the 2nd quarter. Allianz Asset Management GmbH now owns 838,037 shares of the company’s stock worth $9,252,000 after acquiring an additional 6,000 shares during the period. Advisory Services Network LLC bought a new stake in shares of iClick Interactive Asia Group in the 2nd quarter worth approximately $67,000. Finally, Jump Financial LLC raised its holdings in shares of iClick Interactive Asia Group by 43.7% in the 2nd quarter. Jump Financial LLC now owns 25,000 shares of the company’s stock worth $276,000 after buying an additional 7,600 shares in the last quarter. 35.67% of the stock is owned by institutional investors and hedge funds.

ICLK has been the subject of a number of recent research reports. Citigroup increased their target price on iClick Interactive Asia Group from $9.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, August 26th. Alliance Global Partners dropped their target price on iClick Interactive Asia Group from $15.00 to $13.00 and set a “buy” rating for the company in a report on Wednesday, August 25th.

Shares of ICLK opened at $6.71 on Thursday. The stock has a market capitalization of $633.32 million, a P/E ratio of -51.62 and a beta of 0.47. iClick Interactive Asia Group Limited has a twelve month low of $4.13 and a twelve month high of $19.10. The company has a 50 day moving average of $6.38 and a 200-day moving average of $7.64.

iClick Interactive Asia Group (NASDAQ:ICLK) last announced its quarterly earnings results on Wednesday, August 25th. The company reported $0.01 earnings per share (EPS) for the quarter. iClick Interactive Asia Group had a negative return on equity of 1.76% and a negative net margin of 3.62%. The business had revenue of $78.00 million during the quarter.

iClick Interactive Asia Group Company Profile

iClick Interactive Asia Group Ltd. is a holding company, engages in the provision of online marketing and data technology platform. Its data-driven solutions help marketers identify, engage, and activate potential customers, monitor and measure the results of marketing campaigns, and create content catering to potential customers across different content distribution channels through both personal computer and mobile devices.

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Institutional Ownership by Quarter for iClick Interactive Asia Group (NASDAQ:ICLK)

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