1,357,191 Shares in Altaba Inc (AABA) Acquired by Samlyn Capital LLC

Samlyn Capital LLC acquired a new stake in shares of Altaba Inc (NASDAQ:AABA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,357,191 shares of the company’s stock, valued at approximately $78,636,000. Altaba makes up 1.9% of Samlyn Capital LLC’s investment portfolio, making the stock its 15th largest position.

Other large investors have also added to or reduced their stakes in the company. Manikay Partners LLC increased its holdings in shares of Altaba by 23.5% during the 4th quarter. Manikay Partners LLC now owns 525,000 shares of the company’s stock worth $30,419,000 after acquiring an additional 100,000 shares during the last quarter. Lehman & Derafelo Financial Resources LLC acquired a new position in shares of Altaba during the 4th quarter worth approximately $550,000. VisionPoint Advisory Group LLC acquired a new position in shares of Altaba during the 4th quarter worth approximately $1,151,000. Maven Securities LTD increased its holdings in shares of Altaba by 30.2% during the 4th quarter. Maven Securities LTD now owns 99,658 shares of the company’s stock worth $5,787,000 after acquiring an additional 23,123 shares during the last quarter. Finally, LMR Partners LLP increased its holdings in shares of Altaba by 111.7% during the 4th quarter. LMR Partners LLP now owns 1,125,396 shares of the company’s stock worth $65,205,000 after acquiring an additional 593,751 shares during the last quarter. Institutional investors and hedge funds own 70.24% of the company’s stock.

Shares of NASDAQ AABA opened at $74.03 on Monday. Altaba Inc has a one year low of $54.75 and a one year high of $82.45.

Separately, BidaskClub raised Altaba from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Altaba has an average rating of “Hold” and an average target price of $92.33.

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Altaba Profile

Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.

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Institutional Ownership by Quarter for Altaba (NASDAQ:AABA)

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