Centiva Capital LP Takes $63,000 Position in Tuya Inc. (NYSE:TUYA)

Centiva Capital LP acquired a new position in Tuya Inc. (NYSE:TUYA) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 38,166 shares of the company’s stock, valued at approximately $63,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Tuya by 91.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 633,686 shares of the company’s stock valued at $1,046,000 after purchasing an additional 302,261 shares during the period. XTX Topco Ltd purchased a new position in Tuya during the second quarter valued at approximately $27,000. Acadian Asset Management LLC grew its position in Tuya by 59.2% during the second quarter. Acadian Asset Management LLC now owns 665,730 shares of the company’s stock valued at $1,132,000 after purchasing an additional 247,592 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Tuya in the 3rd quarter valued at approximately $116,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Tuya by 60.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 350,116 shares of the company’s stock worth $578,000 after buying an additional 132,200 shares in the last quarter. 11.47% of the stock is currently owned by hedge funds and other institutional investors.

Tuya Stock Down 1.1 %

Shares of NYSE:TUYA opened at $1.81 on Friday. Tuya Inc. has a 12-month low of $1.28 and a 12-month high of $2.32. The firm has a market capitalization of $912.94 million, a P/E ratio of -60.33 and a beta of 0.45. The firm has a fifty day moving average of $1.64 and a two-hundred day moving average of $1.63.

About Tuya

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.