AMTD Digital (NYSE:HKD) Shares Gap Down to $3.21

AMTD Digital Inc. (NYSE:HKD) gapped down prior to trading on Wednesday . The stock had previously closed at $3.21, but opened at $3.13. AMTD Digital shares last traded at $3.27, with a volume of 373,323 shares changing hands.

AMTD Digital Stock Up 0.9 %

The business has a 50 day moving average price of $3.60 and a two-hundred day moving average price of $4.10.

Institutional Investors Weigh In On AMTD Digital

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its stake in shares of AMTD Digital by 6,283.5% in the 1st quarter. Bank of America Corp DE now owns 29,875 shares of the company’s stock valued at $209,000 after acquiring an additional 29,407 shares during the last quarter. BlackRock Inc. purchased a new position in AMTD Digital during the 1st quarter valued at about $170,000. XTX Topco Ltd purchased a new position in AMTD Digital during the 2nd quarter valued at about $129,000. Virtu Financial LLC purchased a new position in AMTD Digital during the 4th quarter valued at about $149,000. Finally, Powell Investment Advisors LLC purchased a new position in AMTD Digital during the 3rd quarter valued at about $57,000. Institutional investors own 5.75% of the company’s stock.

AMTD Digital Company Profile

AMTD Digital Inc, through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. The company operates through Digital Solutions ServicesFinancial Services, Digital Solutions ServicesNon Financial Services, Digital Media, Content, and Marketing Services, and Digital Investments segments.