16,757 Shares in BitFuFu Inc. (NASDAQ:FUFU) Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new stake in BitFuFu Inc. (NASDAQ:FUFU) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 16,757 shares of the company’s stock, valued at approximately $83,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of FUFU. Prospect Financial Group LLC acquired a new position in shares of BitFuFu during the fourth quarter worth approximately $50,000. Jane Street Group LLC raised its position in BitFuFu by 14.0% in the 3rd quarter. Jane Street Group LLC now owns 16,153 shares of the company’s stock worth $65,000 after purchasing an additional 1,984 shares during the last quarter. XTX Topco Ltd acquired a new position in BitFuFu during the 3rd quarter worth $107,000. Finally, Wellington Management Group LLP bought a new position in BitFuFu in the 3rd quarter valued at $110,000. Institutional investors and hedge funds own 37.26% of the company’s stock.

BitFuFu Stock Performance

BitFuFu stock opened at $4.58 on Tuesday. The company has a market cap of $747.03 million, a PE ratio of 13.09 and a beta of 0.24. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.88. BitFuFu Inc. has a 1 year low of $2.32 and a 1 year high of $7.39. The company’s 50-day moving average is $4.89 and its two-hundred day moving average is $4.92.

BitFuFu (NASDAQ:FUFU) last announced its quarterly earnings data on Tuesday, March 25th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.17. BitFuFu had a net margin of 8.17% and a return on equity of 40.15%. The business had revenue of $99.29 million for the quarter, compared to analyst estimates of $99.29 million. Equities analysts anticipate that BitFuFu Inc. will post 0.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and set a $7.00 target price on shares of BitFuFu in a research report on Wednesday, March 26th.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.