Tuya Inc. (NYSE:TUYA) Shares Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Tuya Inc. (NYSE:TUYA) by 157.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,200 shares of the company’s stock after purchasing an additional 17,877 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Tuya were worth $52,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TUYA. Catalina Capital Group LLC acquired a new position in shares of Tuya during the fourth quarter valued at $29,000. Centiva Capital LP bought a new stake in Tuya in the 3rd quarter valued at about $63,000. Paloma Partners Management Co acquired a new position in Tuya during the 3rd quarter valued at about $73,000. XTX Topco Ltd grew its position in Tuya by 204.5% in the 3rd quarter. XTX Topco Ltd now owns 48,062 shares of the company’s stock worth $79,000 after purchasing an additional 32,279 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of Tuya in the third quarter valued at approximately $92,000. 11.47% of the stock is owned by institutional investors and hedge funds.

Tuya Trading Up 3.2 %

Shares of NYSE TUYA opened at $3.44 on Friday. Tuya Inc. has a 12-month low of $1.28 and a 12-month high of $4.63. The company has a market cap of $1.85 billion, a PE ratio of -114.50 and a beta of 0.39. The stock has a 50 day simple moving average of $3.18 and a 200-day simple moving average of $2.18.

Tuya (NYSE:TUYA) last announced its earnings results on Wednesday, February 26th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). Tuya had a negative net margin of 5.55% and a negative return on equity of 0.58%. The business had revenue of $82.06 million for the quarter, compared to the consensus estimate of $81.40 million.

Tuya Dividend Announcement

The business also recently announced a — dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, March 13th will be given a $0.0608 dividend. The ex-dividend date is Thursday, March 13th. This represents a yield of 6.1%. Tuya’s dividend payout ratio is presently 400.00%.

Tuya Profile

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.