Catalina Capital Group LLC Makes New Investment in Tuya Inc. (NYSE:TUYA)

Catalina Capital Group LLC bought a new stake in Tuya Inc. (NYSE:TUYA) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 16,371 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds have also made changes to their positions in TUYA. Centiva Capital LP acquired a new position in Tuya in the 3rd quarter valued at $63,000. Paloma Partners Management Co acquired a new position in shares of Tuya during the third quarter worth about $73,000. XTX Topco Ltd raised its holdings in Tuya by 204.5% during the third quarter. XTX Topco Ltd now owns 48,062 shares of the company’s stock worth $79,000 after purchasing an additional 32,279 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in Tuya in the third quarter valued at about $92,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Tuya in the 3rd quarter valued at approximately $116,000. Institutional investors and hedge funds own 11.47% of the company’s stock.

Tuya Trading Up 20.0 %

NYSE TUYA opened at $2.98 on Wednesday. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of -99.17 and a beta of 0.48. The business’s 50 day moving average is $1.91 and its two-hundred day moving average is $1.67. Tuya Inc. has a 12-month low of $1.28 and a 12-month high of $3.00.

Tuya Company Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.