Lester Murray Antman dba SimplyRich Has $548,000 Position in Qifu Technology, Inc. (NASDAQ:QFIN)

Lester Murray Antman dba SimplyRich increased its stake in Qifu Technology, Inc. (NASDAQ:QFIN) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,288 shares of the company’s stock after acquiring an additional 768 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in Qifu Technology were worth $548,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of QFIN. Wilmington Savings Fund Society FSB acquired a new stake in shares of Qifu Technology during the 3rd quarter worth approximately $30,000. Advisors Preferred LLC bought a new position in Qifu Technology in the fourth quarter valued at approximately $41,000. Point72 DIFC Ltd acquired a new stake in Qifu Technology during the 3rd quarter worth $43,000. BOCHK Asset Management Ltd bought a new stake in shares of Qifu Technology during the 4th quarter valued at $46,000. Finally, Venturi Wealth Management LLC acquired a new position in shares of Qifu Technology in the 3rd quarter valued at $54,000. Institutional investors and hedge funds own 74.81% of the company’s stock.

Qifu Technology Trading Down 5.0 %

Qifu Technology stock opened at $41.17 on Wednesday. The firm has a market capitalization of $6.49 billion, a P/E ratio of 8.33, a PEG ratio of 0.32 and a beta of 0.63. The business has a 50-day moving average of $38.61 and a 200-day moving average of $32.09. Qifu Technology, Inc. has a 1 year low of $14.29 and a 1 year high of $44.00.

Analysts Set New Price Targets

Separately, Citigroup lifted their price objective on Qifu Technology from $31.44 to $37.50 and gave the stock a “buy” rating in a research note on Thursday, November 21st.

Qifu Technology Company Profile

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.