Linkhome’s (NASDAQ:LHAI – Get Free Report) lock-up period is set to expire on Tuesday, January 20th. Linkhome had issued 1,500,000 shares in its initial public offering on July 24th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on Linkhome in a research report on Friday, October 17th. They issued a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Linkhome has an average rating of “Sell”.
Read Our Latest Analysis on Linkhome
Linkhome Stock Performance
Hedge Funds Weigh In On Linkhome
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new stake in Linkhome during the 4th quarter valued at about $87,000. Citadel Advisors LLC acquired a new stake in shares of Linkhome during the third quarter worth about $120,000. Finally, Millennium Management LLC acquired a new stake in shares of Linkhome during the third quarter worth about $268,000.
Linkhome Company Profile
Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.
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