11,593 Shares in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Acquired by Virtu Financial LLC

Virtu Financial LLC bought a new stake in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,593 shares of the software maker’s stock, valued at approximately $230,000.

Other large investors have also recently modified their holdings of the company. First Trust Advisors LP grew its holdings in Monotype Imaging by 373.2% during the 1st quarter. First Trust Advisors LP now owns 80,813 shares of the software maker’s stock worth $1,607,000 after acquiring an additional 63,735 shares in the last quarter. Arizona State Retirement System increased its holdings in Monotype Imaging by 1.3% in the second quarter. Arizona State Retirement System now owns 64,178 shares of the software maker’s stock valued at $1,081,000 after buying an additional 813 shares during the last quarter. KBC Group NV increased its holdings in Monotype Imaging by 53.2% in the second quarter. KBC Group NV now owns 46,313 shares of the software maker’s stock valued at $780,000 after buying an additional 16,089 shares during the last quarter. Lapides Asset Management LLC raised its stake in Monotype Imaging by 15.3% in the second quarter. Lapides Asset Management LLC now owns 122,600 shares of the software maker’s stock valued at $2,065,000 after buying an additional 16,300 shares in the last quarter. Finally, Aperio Group LLC acquired a new stake in Monotype Imaging in the second quarter valued at $197,000. 88.54% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ:TYPE opened at $19.84 on Friday. The company has a market capitalization of $819.79 million, a PE ratio of 25.44, a P/E/G ratio of 1.30 and a beta of 1.01. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.20. Monotype Imaging Holdings Inc. has a twelve month low of $15.29 and a twelve month high of $21.09. The firm has a 50 day simple moving average of $19.84 and a 200-day simple moving average of $18.80.

Several research analysts have recently issued reports on the company. Zacks Investment Research cut Monotype Imaging from a “buy” rating to a “hold” rating in a research report on Saturday, October 12th. BidaskClub lowered Monotype Imaging from a “hold” rating to a “sell” rating in a research report on Saturday, August 31st. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $19.83.

About Monotype Imaging

Monotype Imaging Holdings Inc develops, markets, and licenses technologies and fonts in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company's solutions include type intellectual property (IP), enterprise software for visual content marketing solutions, custom type design services, and tools and technologies through direct sales channels, e-commerce platforms, and partner platforms.

Featured Article: Depreciation

Want to see what other hedge funds are holding TYPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monotype Imaging Holdings Inc. (NASDAQ:TYPE).

Institutional Ownership by Quarter for Monotype Imaging (NASDAQ:TYPE)

Receive News & Ratings for Monotype Imaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monotype Imaging and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit