Playtika Holding Corp (NASDAQ: PLTK) is -33.29% lower on its value in year-to-date trading and has touched a low of $4.67 and a high of $9.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PLTK stock was last observed hovering at around $4.80 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $4.63, the stock is -22.76% and -30.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing -3.54% at the moment leaves the stock -38.53% off its SMA200. PLTK registered -36.31% loss for a year compared to 6-month loss of -37.43%. The firm has a 50-day simple moving average (SMA 50) of $6.6746 and a 200-day simple moving average (SMA200) of $7.5327.
The stock witnessed a -37.26% gain in the last 1 month and extending the period to 3 months gives it a -46.23%, and is -6.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.36% over the week and 4.47% over the month.
Playtika Holding Corp (PLTK) has around 3500 employees, a market worth around $1.74B and $2.55B in sales. Current P/E ratio is 10.60 and Fwd P/E is 7.28. Profit margin for the company is 6.36%. Distance from 52-week low is -0.86% and -49.43% from its 52-week high. The company has generated returns on investments over the last 12 months (6.96%).
The EPS is expected to grow by 23.88% this year
270.0 institutions hold shares in Playtika Holding Corp (PLTK), with institutional investors hold 119.96% of the company’s shares. The shares outstanding are 375.30M, and float is at 67.50M with Short Float at 7.63%. Institutions hold 16.91% of the Float.
The top institutional shareholder in the company is PACER ADVISORS, INC. with over 9.42 million shares valued at $74.14 million. The investor’s holdings represent 2.5364 of the PLTK Shares outstanding. As of 2024-06-30, the second largest holder is AQR CAPITAL MANAGEMENT LLC with 7.84 million shares valued at $61.67 million to account for 2.1151 of the shares outstanding. The other top investors are LSV ASSET MANAGEMENT which holds 7.75 million shares representing 2.0871 and valued at over $61.01 million, while VANGUARD GROUP INC holds 0.9957 of the shares totaling 3.69 million with a market value of $29.03 million.
Playtika Holding Corp (PLTK) Insider Activity
The most recent transaction is an insider sale by Playtika Holding UK II Ltd, the company’s 10% Owner. SEC filings show that Playtika Holding UK II Ltd sold 75,923 shares of the company’s common stock on Dec 16 ’24 at a price of $7.54 per share for a total of $0.57 million. Following the sale, the insider now owns 200.55 million shares.
Playtika Holding Corp disclosed in a document filed with the SEC on Dec 17 ’24 that Playtika Holding UK II Ltd (10% Owner) sold a total of 7,612 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $7.50 per share for $57098.0. Following the transaction, the insider now directly holds 200.55 million shares of the PLTK stock.
Still, SEC filings show that on Dec 13 ’24, Playtika Holding UK II Ltd (10% Owner) disposed off 369,560 shares at an average price of $7.78 for $2.87 million. The insider now directly holds 200,630,583 shares of Playtika Holding Corp (PLTK).
