Qifu Technology, Inc. (NASDAQ:QFIN) Shares Sold by Atria Investments Inc

Atria Investments Inc cut its holdings in shares of Qifu Technology, Inc. (NASDAQ:QFIN) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,416 shares of the company’s stock after selling 2,007 shares during the period. Atria Investments Inc’s holdings in Qifu Technology were worth $668,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Jones Financial Companies Lllp acquired a new position in shares of Qifu Technology in the 4th quarter valued at $29,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Qifu Technology in the 3rd quarter valued at $30,000. Advisors Preferred LLC acquired a new position in shares of Qifu Technology in the 4th quarter valued at $41,000. Point72 DIFC Ltd acquired a new position in shares of Qifu Technology in the 3rd quarter valued at $43,000. Finally, Global Retirement Partners LLC increased its position in shares of Qifu Technology by 80.2% in the 4th quarter. Global Retirement Partners LLC now owns 1,164 shares of the company’s stock valued at $45,000 after acquiring an additional 518 shares during the period. 74.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Citigroup increased their price target on Qifu Technology from $31.44 to $37.50 and gave the stock a “buy” rating in a research report on Thursday, November 21st.

Qifu Technology Stock Performance

Shares of QFIN opened at $43.19 on Friday. The business’s 50-day moving average is $40.41 and its two-hundred day moving average is $35.26. The company has a market capitalization of $6.81 billion, a P/E ratio of 8.74, a P/E/G ratio of 0.32 and a beta of 0.59. Qifu Technology, Inc. has a fifty-two week low of $17.76 and a fifty-two week high of $46.25.

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.