HeadHunter Group’s (NYSE:HHR) lock-up period is set to end on Tuesday, November 5th. HeadHunter Group had issued 16,304,348 shares in its public offering on May 9th. The total size of the offering was $220,108,698 based on an initial share price of $13.50. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.
A number of research firms have recently weighed in on HHR. Renaissance Capital began coverage on HeadHunter Group in a report on Monday, September 9th. They set an “outperform” rating and a $23.00 price target for the company. Zacks Investment Research raised HeadHunter Group from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. initiated coverage on HeadHunter Group in a research note on Thursday, September 19th. They set an “underweight” rating on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $23.57.
HHR opened at $17.07 on Thursday. The business’s 50-day moving average price is $18.73. HeadHunter Group has a 12-month low of $14.62 and a 12-month high of $21.28.
HeadHunter Group (NYSE:HHR) last posted its earnings results on Monday, September 16th. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $30.15 million for the quarter.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. acquired a new position in HeadHunter Group during the 2nd quarter worth about $98,000. Schroder Investment Management Group acquired a new position in HeadHunter Group during the 2nd quarter worth about $2,170,000. Pendal Group Ltd acquired a new position in HeadHunter Group during the 2nd quarter worth about $1,605,000. Teacher Retirement System of Texas acquired a new position in HeadHunter Group during the 2nd quarter worth about $1,560,000. Finally, BlackRock Inc. acquired a new position in HeadHunter Group during the 2nd quarter worth about $23,068,000.
About HeadHunter Group
HeadHunter Group PLC operates an online recruitment platform in Russia and the Commonwealth of independent states (CIS) region. It offers employers and recruiters paid access to its curriculum vitae (CV) database and job postings platform providing job seekers and employers with human resource value-added services (HR VAS).
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