Sigma Planning Corp lessened its stake in Jumia Technologies AG (NYSE:JMIA – Get Rating) by 5.7% in the first quarter, HoldingsChannel.com reports. The firm owned 40,738 shares of the company's stock after selling 2,482 shares during the quarter. Sigma Planning Corp's holdings in Jumia Technologies were worth $390,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in JMIA. Renaissance Technologies LLC increased its holdings in shares of Jumia Technologies by 1,227.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,210,269 shares of the company's stock valued at $13,797,000 after purchasing an additional 1,119,069 shares in the last quarter. Credit Suisse AG increased its holdings in shares of Jumia Technologies by 308.9% in the 4th quarter. Credit Suisse AG now owns 593,503 shares of the company's stock valued at $6,766,000 after purchasing an additional 448,347 shares in the last quarter. Baillie Gifford & Co. increased its holdings in shares of Jumia Technologies by 4.6% in the 4th quarter. Baillie Gifford & Co. now owns 9,922,606 shares of the company's stock valued at $113,117,000 after purchasing an additional 433,704 shares in the last quarter. Cubist Systematic Strategies LLC increased its holdings in shares of Jumia Technologies by 518.2% in the 4th quarter. Cubist Systematic Strategies LLC now owns 343,255 shares of the company's stock valued at $3,913,000 after purchasing an additional 287,730 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in shares of Jumia Technologies by 94.2% in the 4th quarter. Squarepoint Ops LLC now owns 285,005 shares of the company's stock valued at $3,249,000 after purchasing an additional 138,268 shares in the last quarter. Institutional investors and hedge funds own 37.98% of the company's stock.
Get Jumia Technologies alerts:Separately, Stifel Nicolaus lowered their price objective on shares of Jumia Technologies from $9.00 to $8.00 in a research note on Tuesday, June 28th.
Shares of NYSE JMIA opened at $6.37 on Friday. Jumia Technologies AG has a 52 week low of $4.47 and a 52 week high of $26.17. The company's 50-day moving average price is $6.62 and its 200 day moving average price is $8.25. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.20 and a quick ratio of 3.09.About Jumia Technologies (Get Rating)
Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company's platform consists of marketplace that connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets.
Recommended Stories
- Get a free copy of the StockNews.com research report on Jumia Technologies (JMIA)
- MarketBeat: Week in Review 7/4 – 7/8
- Levi Strauss Proves Resilient For Dividend Investors
- AT&T (NYSE:T) Is Its Cheaper Valuation Worth A Buy?
- Altria Group (NYSE MO): A Contentious High-Yield Dividend Stock
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
Want to see what other hedge funds are holding JMIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jumia Technologies AG (NYSE:JMIA – Get Rating).
Receive News & Ratings for Jumia Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jumia Technologies and related companies with MarketBeat.com's FREE daily email newsletter.