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Cubist Systematic Strategies LLC owns $1.78 million in Quanterix Co. (NASDAQ:QTRX)

Cubist Systematic Strategies LLC owns $1.78 million in Quanterix Co. (NASDAQ:QTRX)

The most recent statement that Cubist Systematic Strategies LLC has filed with the Securities and Exchange Commission reveals that during the third quarter, the company increased the percentage of Quanterix Co. (NASDAQ: QTRX) holdings that it had in its portfolio by 71.2%. As a result of the corporation’s purchase of an additional 66,976 shares of the company during the quarter, the corporation’s total number of ownership shares in the business has increased to 161,093. According to the most recent filing that Cubist Systematic Strategies LLC has made with the SEC, the company has acquired 0.43% of Quanterix for a total purchase price of $1,775,000.

A couple of other hedge funds have either decreased the amount of money they have invested in the company or increased the amount of money they have invested in the company. The amount of Quanterix stock owned by Advisor Group Holdings Inc. increased by 184.6% during the first three months of 2018 due to the company’s acquisition of additional shares. After purchasing an additional 574 shares of the company’s stock during the period in question, Advisor Group Holdings Inc. now has a total of 885 shares of the company’s stock, which are currently valued at a total of $404,000. PNC Financial Services Group Inc. increased the amount of Quanterix stock owned by 73.9% during the year’s first three months. During the most recent fiscal quarter, PNC Financial Services Group Inc. increased its company stock holdings by 784, bringing the total number of shares acquired to 1,845 at a value of $53,000. This brought the total number of shares acquired to 1. The proportion of Quanterix stock that Allspring Global Investments Holdings LLC owns went up by 430.5% during the third quarter due to this company’s recent acquisitions. At the moment, Allspring Global Investments Holdings LLC is the owner of 2,801 shares of the company. Each share is currently worth $30,000, and the total value of the holdings is $30,000. Because an additional 2,273 shares were purchased during the most recent financial quarter, the value of the company’s stock has increased to $30,000. This brings the total number of shares owned by the company to its current level. Rockefeller Capital Management L.P. invested approximately $59,000 more in Quanterix during the third quarter to purchase additional company shares. And finally, during the third quarter, Dupont Capital Management Corporation purchased a new holding in Quanterix valued at approximately $122,000. This transaction took place during the quarter. Institutional investors and hedge funds own a combined total of 80.60 percent of the company’s stock.

At noon on Thursday, the price of one share of Quanterix fell to $13.77, representing a decrease of $0.97 from the previous closing price. Today’s trading volume of company stock was relatively low compared to the daily average for the company, which was 4,597 shares. Quanterix Co. hit a low point over the past 52 weeks of $6.31, while the company reached a high point over the past 52 weeks of $35.98. The company has a price-to-earnings ratio of -5.54 and a beta value of 1.30. The market capitalization of the company is $510.25 million. The price of one share of stock is $12.91 at 50 days, while the price of one share of stock is $12.21 at 200 days.

The most recent quarterly results report for Quanterix (NASDAQ: QTRX) was made public on the 8th of November, a Tuesday. The company reported earnings per share for the quarter at $0.40, which was $0.02 higher than the consensus estimate of $0.42 from industry analysts. Quanterix had a negative return on equity of 18.91% and a negative net margin of 89.24%. Even though market analysts predicted only $22.56 million in revenue for the period, the company brought i

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