LPL Financial LLC Trims Position in Jumia Technologies AG (NYSE:JMIA)
2025-04-26T07:49:07Z
LPL Financial LLC cut its stake in shares of Jumia Technologies AG (NYSE:JMIA – Free Report) by 24.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,550 shares of th…
LPL Financial LLC cut its stake in shares of Jumia Technologies AG (NYSE:JMIA – Free Report) by 24.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,550 shares of the company’s stock after selling 38,952 shares during the period. LPL Financial LLC’s holdings in Jumia Technologies were worth $464,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of JMIA. Virtu Financial LLC increased its stake in Jumia Technologies by 42.8% in the 4th quarter. Virtu Financial LLC now owns 92,897 shares of the company’s stock worth $355,000 after acquiring an additional 27,828 shares during the last quarter. Signaturefd LLC increased its position in shares of Jumia Technologies by 98.9% in the fourth quarter. Signaturefd LLC now owns 6,809 shares of the company’s stock worth $26,000 after purchasing an additional 3,385 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Jumia Technologies by 26.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 36,799 shares of the company’s stock valued at $141,000 after purchasing an additional 7,700 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in Jumia Technologies by 118.8% during the fourth quarter. Daiwa Securities Group Inc. now owns 14,145 shares of the company’s stock valued at $54,000 after purchasing an additional 7,679 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Jumia Technologies during the fourth quarter valued at approximately $219,000. 16.50% of the stock is owned by hedge funds and other institutional investors.
Get Jumia Technologies alerts:
Jumia Technologies Price Performance
Shares of Jumia Technologies stock opened at $2.45 on Friday. The company has a current ratio of 1.80, a quick ratio of 1.73 and a debt-to-equity ratio of 0.07. Jumia Technologies AG has a 12 month low of $1.60 and a 12 month high of $15.04. The business’s 50-day moving average price is $2.31 and its 200-day moving average price is $3.55.
Wall Street Analysts Forecast Growth
Jumia Technologies ( NYSE:JMIA Get Free Report ) last posted its quarterly earnings results on Thursday, February 20th. The company reported ($999.00) EPS for the quarter. Jumia Technologies had a negative return on equity of 174.93% and a negative net margin of 59.16%. The business had revenue of $45.69 million for the quarter.
Separately, Royal Bank of Canada dropped their price objective on shares of Jumia Technologies from $5.00 to $4.75 and set a “sector perform” rating for the company in a report on Friday, February 21st.
Check Out Our Latest Stock Report on JMIA
Jumia Technologies Company Profile
(Free Report)
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 customers; logistics service, which 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 under the JumiaPay name.
See Also
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 – Free Report).
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.
Auto-posted from news source
About The Author
