Dingdong (Cayman) Limited (NYSE:DDL) Shares Purchased by State Street Corp

State Street Corp grew its holdings in shares of Dingdong (Cayman) Limited (NYSE:DDLFree Report) by 32.7% during the third quarter, Holdings Channel reports. The firm owned 253,119 shares of the company’s stock after acquiring an additional 62,338 shares during the quarter. State Street Corp’s holdings in Dingdong (Cayman) were worth $899,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Renaissance Technologies LLC grew its position in shares of Dingdong (Cayman) by 63.4% during the 2nd quarter. Renaissance Technologies LLC now owns 690,200 shares of the company’s stock valued at $1,373,000 after buying an additional 267,700 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Dingdong (Cayman) by 3,090.3% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 684,345 shares of the company’s stock valued at $2,429,000 after acquiring an additional 662,894 shares during the period. GSA Capital Partners LLP grew its holdings in shares of Dingdong (Cayman) by 81.0% during the third quarter. GSA Capital Partners LLP now owns 72,561 shares of the company’s stock valued at $258,000 after purchasing an additional 32,478 shares during the last quarter. Centiva Capital LP acquired a new stake in shares of Dingdong (Cayman) during the 3rd quarter worth approximately $170,000. Finally, Quadrature Capital Ltd lifted its holdings in shares of Dingdong (Cayman) by 87.9% in the 3rd quarter. Quadrature Capital Ltd now owns 47,686 shares of the company’s stock worth $168,000 after purchasing an additional 22,302 shares during the last quarter. 24.66% of the stock is currently owned by institutional investors.

Dingdong (Cayman) Price Performance

NYSE:DDL opened at $3.24 on Friday. Dingdong has a 12-month low of $1.07 and a 12-month high of $4.79. The business has a 50 day simple moving average of $4.03 and a 200 day simple moving average of $2.96. The firm has a market capitalization of $765.38 million, a P/E ratio of 36.00 and a beta of 0.37.

Dingdong (Cayman) Profile

(Free Report)

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms.

See Also

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Institutional Ownership by Quarter for Dingdong (Cayman) (NYSE:DDL)

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