Altaba Inc (NASDAQ:AABA) is Maven Securities LTD’s 9th Largest Position

Maven Securities LTD grew its holdings in Altaba Inc (NASDAQ:AABA) by 27.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,416 shares of the company’s stock after acquiring an additional 13,423 shares during the quarter. Altaba accounts for approximately 2.9% of Maven Securities LTD’s holdings, making the stock its 9th largest holding. Maven Securities LTD’s holdings in Altaba were worth $4,355,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. CIBC World Markets Inc. increased its position in shares of Altaba by 18,750.8% in the 1st quarter. CIBC World Markets Inc. now owns 2,621,208 shares of the company’s stock valued at $194,284,000 after acquiring an additional 2,607,303 shares during the period. Boussard & Gavaudan Investment Management LLP purchased a new stake in Altaba during the 2nd quarter valued at about $125,371,000. Swedbank purchased a new stake in Altaba during the 2nd quarter valued at about $112,518,000. Athos Capital Ltd increased its holdings in shares of Altaba by 2,010.3% in the second quarter. Athos Capital Ltd now owns 965,758 shares of the company’s stock valued at $66,995,000 after purchasing an additional 919,995 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Altaba in the second quarter valued at about $44,882,000. Institutional investors and hedge funds own 75.35% of the company’s stock.

A number of equities research analysts recently commented on AABA shares. BidaskClub downgraded Altaba from a “hold” rating to a “sell” rating in a report on Saturday, August 31st. Zacks Investment Research upgraded shares of Altaba from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 4th.

Shares of AABA stock traded down $0.06 during trading hours on Wednesday, hitting $69.99. The company’s stock had a trading volume of 14,531,857 shares, compared to its average volume of 6,395,179. The company has a 50 day moving average of $69.99 and a 200 day moving average of $70.61. Altaba Inc has a 12-month low of $54.75 and a 12-month high of $79.18.

Altaba Profile

Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.

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Institutional Ownership by Quarter for Altaba (NASDAQ:AABA)

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