Renaissance Technologies LLC Acquires 358,513 Shares of Trident Digital Tech Holdings Ltd $TDTH

Renaissance Technologies LLC lifted its holdings in shares of Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) by 547.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 424,000 shares of the company’s stock after buying an additional 358,513 shares during the period. Renaissance Technologies LLC owned about 326.15% of Trident Digital Tech worth $81,000 at the end of the most recent quarter.

Separately, XTX Topco Ltd boosted its position in Trident Digital Tech by 397.6% during the fourth quarter. XTX Topco Ltd now owns 96,217 shares of the company’s stock valued at $29,000 after purchasing an additional 76,879 shares during the last quarter.

Analyst Ratings Changes

TDTH has been the subject of a number of analyst reports. Weiss Ratings upgraded Trident Digital Tech from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. Wall Street Zen raised shares of Trident Digital Tech to a “sell” rating in a research note on Saturday, July 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Trident Digital Tech presently has an average rating of “Sell”.

Trident Digital Tech Stock Down 6.1%

TDTH stock opened at $1.84 on Friday. Trident Digital Tech Holdings Ltd has a one year low of $1.27 and a one year high of $37.20. The company has a fifty day moving average price of $232.45 and a two-hundred day moving average price of $792.89.

Trident Digital Tech Company Profile

Trident Digital Tech Holdings Ltd. engages in the provision of business consulting services and information technology customization solutions. Its products include Tridentity, TriVerse, TriEvents, and TriFood. The company was founded by Soon Huat Lim in 2014 and is headquartered in Singapore.