Jacobs Levy Equity Management Inc. Has $472,000 Stock Holdings in Skillz Inc. (NYSE:SKLZ)

Jacobs Levy Equity Management Inc. lifted its stake in shares of Skillz Inc. (NYSE:SKLZ) by 58.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 83,939 shares of the company’s stock after purchasing an additional 30,903 shares during the quarter. Jacobs Levy Equity Management Inc.’s holdings in Skillz were worth $472,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP bought a new position in Skillz during the second quarter worth $88,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Skillz by 16.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 34,592 shares of the company’s stock valued at $225,000 after purchasing an additional 4,800 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of Skillz by 36.5% in the 3rd quarter. GSA Capital Partners LLP now owns 160,801 shares of the company’s stock worth $904,000 after buying an additional 42,998 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Skillz by 0.8% during the 2nd quarter. Renaissance Technologies LLC now owns 392,225 shares of the company’s stock valued at $2,816,000 after purchasing an additional 3,200 shares during the last quarter. 19.42% of the stock is currently owned by institutional investors.

Skillz Trading Down 2.4 %

Shares of Skillz stock opened at $5.39 on Tuesday. The stock’s 50-day simple moving average is $5.48 and its 200 day simple moving average is $6.05. The stock has a market capitalization of $93.95 million, a P/E ratio of -2.40 and a beta of 2.72. Skillz Inc. has a 52-week low of $4.72 and a 52-week high of $7.48. The company has a debt-to-equity ratio of 0.63, a quick ratio of 5.80 and a current ratio of 5.80.

Skillz Company Profile

Skillz Inc operates a mobile game platform in the United States and internationally. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users. The company distributes games through direct app download from its website, as well as through third-party platforms.