Universal Beteiligungs und Servicegesellschaft mbH Acquires New Shares in Grid Dynamics Holdings, Inc. $GDYN

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 92,478 shares of the company’s stock, valued at approximately $1,068,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Grid Dynamics as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Integrated Quantitative Investments LLC grew its stake in shares of Grid Dynamics by 56.7% in the second quarter. Integrated Quantitative Investments LLC now owns 94,254 shares of the company’s stock worth $1,089,000 after acquiring an additional 34,097 shares during the period. SG Americas Securities LLC lifted its position in Grid Dynamics by 16.6% during the second quarter. SG Americas Securities LLC now owns 66,873 shares of the company’s stock valued at $772,000 after purchasing an additional 9,510 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Grid Dynamics by 8.8% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,063 shares of the company’s stock worth $186,000 after purchasing an additional 1,302 shares during the last quarter. Police & Firemen s Retirement System of New Jersey grew its position in Grid Dynamics by 13.8% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 14,833 shares of the company’s stock worth $171,000 after purchasing an additional 1,802 shares during the period. Finally, Geode Capital Management LLC raised its stake in Grid Dynamics by 7.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,639,992 shares of the company’s stock valued at $18,944,000 after buying an additional 107,495 shares during the last quarter. Institutional investors own 71.18% of the company’s stock.

Grid Dynamics Stock Down 0.8%

NASDAQ GDYN opened at $8.67 on Thursday. Grid Dynamics Holdings, Inc. has a 52 week low of $7.37 and a 52 week high of $25.50. The company has a market capitalization of $734.96 million, a P/E ratio of 57.80 and a beta of 1.07. The stock’s 50-day moving average price is $8.19 and its 200-day moving average price is $9.67.

Grid Dynamics (NASDAQ:GDYN) last released its earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. Grid Dynamics had a net margin of 3.42% and a return on equity of 1.74%. The company had revenue of $104.16 million during the quarter, compared to analyst estimates of $103.64 million. During the same period in the prior year, the firm posted $0.14 EPS. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. Grid Dynamics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts anticipate that Grid Dynamics Holdings, Inc. will post 0.18 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered their price target on Grid Dynamics from $11.00 to $10.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Jefferies Financial Group assumed coverage on Grid Dynamics in a report on Monday, September 22nd. They issued a “buy” rating and a $11.00 target price on the stock. Needham & Company LLC dropped their target price on Grid Dynamics from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Zacks Research raised shares of Grid Dynamics from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Grid Dynamics in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Grid Dynamics currently has an average rating of “Hold” and a consensus price target of $11.33.

Grid Dynamics Company Profile

Grid Dynamics Holdings, Inc, together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale.