XTX Topco Ltd Takes Position in Nextdoor Holdings, Inc. $KIND

XTX Topco Ltd purchased a new position in Nextdoor Holdings, Inc. (NYSE:KIND) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 318,791 shares of the company’s stock, valued at approximately $529,000. XTX Topco Ltd owned approximately 0.08% of Nextdoor as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Nextdoor by 28.9% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,960,061 shares of the company’s stock worth $18,194,000 after purchasing an additional 2,459,515 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Nextdoor by 103.5% in the 1st quarter. Acadian Asset Management LLC now owns 4,770,086 shares of the company’s stock worth $7,288,000 after buying an additional 2,426,228 shares during the last quarter. ARK Investment Management LLC increased its stake in Nextdoor by 21.8% during the 2nd quarter. ARK Investment Management LLC now owns 7,866,867 shares of the company’s stock worth $13,059,000 after buying an additional 1,407,853 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in shares of Nextdoor by 208.4% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,732,290 shares of the company’s stock valued at $2,650,000 after acquiring an additional 1,170,606 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Nextdoor by 4.2% in the first quarter. Vanguard Group Inc. now owns 18,352,384 shares of the company’s stock valued at $28,079,000 after acquiring an additional 742,578 shares in the last quarter. 35.66% of the stock is currently owned by institutional investors and hedge funds.

Nextdoor Price Performance

Shares of NYSE:KIND opened at $1.75 on Friday. Nextdoor Holdings, Inc. has a 1 year low of $1.32 and a 1 year high of $3.00. The firm has a market capitalization of $669.53 million, a PE ratio of -7.29 and a beta of 1.19. The business’s 50 day moving average price is $1.89 and its 200-day moving average price is $1.83.

Nextdoor Company Profile

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.