Alpine Global Management LLC Makes New Investment in Triller Group Inc. (NYSE:ILLR)

Alpine Global Management LLC bought a new position in Triller Group Inc. (NYSE:ILLR) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 35,009 shares of the company’s stock, valued at approximately $83,000.

Other large investors have also bought and sold shares of the company. Jefferies Financial Group Inc. purchased a new position in Triller Group in the fourth quarter worth about $27,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Triller Group during the fourth quarter valued at approximately $32,000. Harbert Fund Advisors Inc. purchased a new position in shares of Triller Group during the fourth quarter valued at approximately $79,000. OMERS ADMINISTRATION Corp purchased a new position in shares of Triller Group during the fourth quarter valued at approximately $103,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Triller Group during the fourth quarter valued at approximately $109,000. 0.04% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Triller Group news, Director Robert E. Jr. Diamond sold 129,275 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $1.04, for a total transaction of $134,446.00. Following the completion of the sale, the director now directly owns 150,000 shares of the company’s stock, valued at approximately $156,000. This represents a 46.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 154,629 shares of company stock valued at $160,353 over the last three months. Insiders own 8.80% of the company’s stock.

Triller Group Stock Down 3.4%

ILLR opened at $0.76 on Friday. The firm has a 50 day moving average price of $0.93 and a 200-day moving average price of $1.87. Triller Group Inc. has a twelve month low of $0.51 and a twelve month high of $5.98. The stock has a market capitalization of $123.76 million, a price-to-earnings ratio of -0.62 and a beta of -1.64.

About Triller Group

Triller Group, Inc engages in the provision of an artificial intelligence-powered, social media and live-streaming event platform for creators. It uses proprietary AI technology to push and track content virtually to affiliated and non-affiliated sites and networks. The company is headquartered in Los Angeles, CA.