19,960 Shares in Tuniu Corporation (TOUR) Acquired by PEAK6 Investments L.P.
PEAK6 Investments L.P. acquired a new position in Tuniu Corporation (NASDAQ:TOUR) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 19,960 shares of the technology company’s stock, valued at approximately $156,000.
Several other institutional investors have also added to or reduced their stakes in TOUR. Renaissance Technologies LLC purchased a new stake in shares of Tuniu in the 1st quarter worth about $741,000. Bank of Montreal Can boosted its position in shares of Tuniu by 317.6% in the 2nd quarter. Bank of Montreal Can now owns 55,978 shares of the technology company’s stock worth $450,000 after buying an additional 42,573 shares in the last quarter. Trexquant Investment LP boosted its position in shares of Tuniu by 5.0% in the 2nd quarter. Trexquant Investment LP now owns 14,054 shares of the technology company’s stock worth $113,000 after buying an additional 673 shares in the last quarter. Hikari Power Ltd purchased a new stake in shares of Tuniu in the 2nd quarter worth about $189,000. Finally, BT Investment Management Ltd purchased a new stake in shares of Tuniu in the 2nd quarter worth about $802,000.
Several equities research analysts recently commented on the stock. BidaskClub lowered shares of Tuniu from a “hold” rating to a “sell” rating in a research report on Tuesday. Credit Suisse Group assumed coverage on shares of Tuniu in a research report on Tuesday, October 10th. They issued an “outperform” rating and a $11.00 price objective on the stock.
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Tuniu Corporation is an online leisure travel company. The Company offers a selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. Its online platform, which consists of its tuniu.com Website and mobile platform, provides product and travel information to enable leisure travelers to plan their travels.
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