Jump Financial LLC Invests $380,000 in Zhihu Inc. (NYSE:ZH)

Jump Financial LLC acquired a new stake in Zhihu Inc. (NYSE:ZHFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 365,000 shares of the company’s stock, valued at approximately $380,000.

Several other large investors also recently made changes to their positions in the stock. Matthews International Capital Management LLC boosted its holdings in shares of Zhihu by 77.2% in the 3rd quarter. Matthews International Capital Management LLC now owns 25,770,807 shares of the company’s stock valued at $26,802,000 after buying an additional 11,227,346 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Zhihu by 0.7% in the 2nd quarter. Goldman Sachs Group Inc. now owns 13,736,118 shares of the company’s stock valued at $15,522,000 after buying an additional 95,891 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Zhihu by 13.2% in the 1st quarter. Bank of America Corp DE now owns 7,165,438 shares of the company’s stock valued at $9,100,000 after buying an additional 834,199 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Zhihu by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,641,947 shares of the company’s stock valued at $5,980,000 after buying an additional 14,245 shares during the last quarter. Finally, UBS Group AG raised its stake in Zhihu by 2.0% in the 1st quarter. UBS Group AG now owns 5,406,929 shares of the company’s stock valued at $6,867,000 after acquiring an additional 105,691 shares during the period. Institutional investors and hedge funds own 11.74% of the company’s stock.

Zhihu Trading Up 1.6 %

ZH opened at $0.73 on Monday. Zhihu Inc. has a 1-year low of $0.65 and a 1-year high of $1.97. The stock’s fifty day simple moving average is $0.88 and its 200 day simple moving average is $0.98. The stock has a market cap of $451.30 million, a PE ratio of -3.67 and a beta of 0.27.

Zhihu (NYSE:ZHGet Free Report) last posted its quarterly earnings results on Wednesday, November 29th. The company reported ($0.06) earnings per share for the quarter. Zhihu had a negative net margin of 21.89% and a negative return on equity of 16.94%. The business had revenue of $140.10 million during the quarter.

About Zhihu

(Free Report)

Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company also offers technology, business support, and consulting services; information transmission, software, and information technology services; information and marketing services; vocational training; and internet services, as well as holds audio-visual permit.

See Also

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Institutional Ownership by Quarter for Zhihu (NYSE:ZH)

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