Securitize Holdings $SECZ Shares Newly Bought by Mitsubishi UFJ Financial Group Inc.

Mitsubishi UFJ Financial Group Inc. bought a new stake in shares of Securitize Holdings (NYSE:SECZ – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 650,606 shares of the company’s stock, valued at approximately $9,492,000. Securitize makes up approximately 0.0% of Mitsubishi UFJ Financial Group Inc.’s holdings, making the stock its 3rd biggest holding. Mitsubishi UFJ Financial Group Inc. owned 0.40% of Securitize at the end of the most recent reporting period.

Separately, Brighton Jones LLC purchased a new position in Securitize in the third quarter worth about $146,000.

Key Securitize News

These are some of the SECZ news items that stood out recently:

Securitize Stock Performance

Securitize stock opened at $8.39 on Friday. Securitize Holdings has a 1-year low of $5.14 and a 1-year high of $17.01. The stock has a 50-day moving average price of $10.18.

Securitize (NYSE:SECZ – Get Free Report) last announced its quarterly earnings data on Monday, November 9th. The company reported ($0.41) earnings per share (EPS) for the quarter. The business had revenue of $18.61 million for the quarter. Sell-side analysts expect that Securitize Holdings will post -0.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Rosenblatt Securities decreased their price objective on Securitize from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday. Wall Street Zen cut Securitize to a “strong sell” rating in a report on Saturday, September 5th. Benchmark cut their target price on Securitize from $16.00 to $10.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. Zacks Research upgraded Securitize to a “hold” rating in a report on Tuesday, September 22nd. Finally, Citigroup upgraded Securitize from a “neutral” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Tuesday. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $14.53.

Read Our Latest Research Report on Securitize

About Securitize

(Free Report)

Securitize provides technology and regulated financial services for issuing and managing digital securities on blockchain networks. Its platform supports the tokenization of assets such as private fund interests and other securities, along with investor onboarding, compliance, recordkeeping and related lifecycle services. The company also offers infrastructure for secondary trading of digital securities through regulated entities, including broker-dealer and alternative trading system services. Founded in 2017, Securitize has worked with asset managers and financial institutions seeking to bring investment products onto blockchain-based systems.

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Institutional Ownership by Quarter for Securitize (NYSE:SECZ)

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