Squarepoint Ops LLC increased its stake in 111, Inc. (NASDAQ:YI) by 47.3% during the second quarter, according to its most recent filing with the SEC. The fund owned 19,237 shares of the company’s stock after buying an additional 6,174 shares during the quarter. Squarepoint Ops LLC’s holdings in 111 were worth $175,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. UBS Group AG purchased a new position in shares of 111 in the 1st quarter worth about $32,000. Cubist Systematic Strategies LLC bought a new stake in 111 in the 1st quarter valued at about $162,000. Geode Capital Management LLC raised its stake in 111 by 13.0% in the 1st quarter. Geode Capital Management LLC now owns 15,173 shares of the company’s stock valued at $209,000 after acquiring an additional 1,749 shares during the period. Voloridge Investment Management LLC bought a new stake in 111 in the 1st quarter valued at about $232,000. Finally, Goldman Sachs Group Inc. bought a new stake in 111 in the 1st quarter valued at about $241,000. 6.73% of the stock is currently owned by institutional investors.
Shares of YI opened at $4.36 on Thursday. The firm’s 50-day moving average is $5.79. 111, Inc. has a twelve month low of $3.74 and a twelve month high of $45.88. The company has a market capitalization of $360.47 million, a PE ratio of -4.27 and a beta of 0.67.
111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.
Featured Story: Bond
Receive News & Ratings for 111 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 111 and related companies with MarketBeat.com's FREE daily email newsletter.