Lester Murray Antman dba SimplyRich Purchases 768 Shares of Qifu Technology, Inc. (NASDAQ:QFIN)

Lester Murray Antman dba SimplyRich increased its position in Qifu Technology, Inc. (NASDAQ:QFIN) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,288 shares of the company’s stock after purchasing an additional 768 shares during the quarter. Lester Murray Antman dba SimplyRich’s holdings in Qifu Technology were worth $548,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Creative Planning boosted its holdings in Qifu Technology by 36.1% during the second quarter. Creative Planning now owns 27,031 shares of the company’s stock valued at $533,000 after purchasing an additional 7,163 shares in the last quarter. Swedbank AB lifted its position in shares of Qifu Technology by 156.0% during the 3rd quarter. Swedbank AB now owns 754,300 shares of the company’s stock worth $22,486,000 after buying an additional 459,700 shares during the period. Harbour Capital Advisors LLC acquired a new stake in Qifu Technology in the 3rd quarter valued at $494,000. Claro Advisors LLC bought a new stake in Qifu Technology in the third quarter valued at $1,264,000. Finally, Blue Trust Inc. raised its stake in Qifu Technology by 230.1% during the third quarter. Blue Trust Inc. now owns 5,717 shares of the company’s stock worth $170,000 after acquiring an additional 3,985 shares in the last quarter. Institutional investors and hedge funds own 74.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Citigroup boosted their target price on shares of Qifu Technology from $31.44 to $37.50 and gave the company a “buy” rating in a research note on Thursday, November 21st.

Qifu Technology Trading Down 5.0 %

Shares of Qifu Technology stock opened at $41.17 on Wednesday. The stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 8.33, a P/E/G ratio of 0.32 and a beta of 0.63. The firm’s 50-day moving average price is $38.61 and its two-hundred day moving average price is $32.09. Qifu Technology, Inc. has a 1-year low of $14.29 and a 1-year high of $44.00.

About Qifu Technology

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.