Triller Group (NASDAQ:ILLR) Announces Earnings Results

Triller Group (NASDAQ:ILLR) issued its earnings results on Wednesday. The company reported ($0.16) earnings per share for the quarter, Zacks reports.

Triller Group Stock Performance

NASDAQ ILLR traded up $0.00 on Wednesday, reaching $0.24. 328,333 shares of the stock traded hands, compared to its average volume of 2,020,635. The company has a fifty day moving average price of $0.21 and a 200-day moving average price of $0.30. The company has a market cap of $47.00 million, a price-to-earnings ratio of -0.29 and a beta of -1.64. Triller Group has a 12 month low of $0.00 and a 12 month high of $1.73.

Institutional Investors Weigh In On Triller Group

A number of institutional investors and hedge funds have recently bought and sold shares of ILLR. Vanguard Group Inc. raised its position in Triller Group by 329.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,730,920 shares of the company’s stock valued at $2,267,000 after purchasing an additional 2,095,390 shares in the last quarter. Geode Capital Management LLC raised its position in Triller Group by 1,421.5% during the 2nd quarter. Geode Capital Management LLC now owns 1,364,056 shares of the company’s stock valued at $1,269,000 after purchasing an additional 1,274,403 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in Triller Group during the 1st quarter valued at $872,000. Goldman Sachs Group Inc. raised its position in Triller Group by 358.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 527,859 shares of the company’s stock valued at $412,000 after purchasing an additional 412,758 shares in the last quarter. Finally, New York State Common Retirement Fund bought a new stake in Triller Group during the 2nd quarter valued at $140,000. 0.04% of the stock is owned by institutional investors.

About Triller Group

Triller Group (NASDAQ: ILLR) is a publicly traded entertainment and technology company known primarily for its ownership and operation of the Triller social video platform. Launched as a competitor to other short-form video services, Triller offers users tools for video creation, music integration and social sharing. The platform caters to a broad audience of content creators, influencers and music artists, enabling them to produce, edit and distribute short videos directly from mobile devices.

Beyond the core app, Triller Group has diversified into live events, digital media and sports content.