Ghisallo Capital Management LLC Purchases New Holdings in Coincheck Group NV. (NASDAQ:CNCK)

Ghisallo Capital Management LLC acquired a new position in shares of Coincheck Group NV. (NASDAQ:CNCK) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 1,174,242 shares of the company’s stock, valued at approximately $10,439,000. Ghisallo Capital Management LLC owned 0.12% of Coincheck Group at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Wellington Management Group LLP acquired a new stake in Coincheck Group in the fourth quarter valued at about $911,000. JPMorgan Chase & Co. purchased a new position in shares of Coincheck Group during the 4th quarter worth approximately $533,000. Finally, Geode Capital Management LLC acquired a new stake in shares of Coincheck Group in the 4th quarter valued at approximately $137,000. 33.22% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Cantor Fitzgerald assumed coverage on Coincheck Group in a research report on Wednesday, February 19th. They issued an “overweight” rating and a $10.00 price objective for the company.

Coincheck Group Stock Up 7.5 %

Shares of NASDAQ CNCK opened at $7.90 on Friday. Coincheck Group NV. has a 52 week low of $4.22 and a 52 week high of $14.42. The company has a 50-day moving average of $5.97.

Coincheck Group Company Profile

Coincheck Group NV. is a Dutch public limited liability company and a holding company of Coincheck, Inc which operates one of the largest multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and is regulated by the Financial Services Agency of Japan. The company was founded on February 18, 2022 and is headquartered in Amsterdam, Netherland.