Nomura Holdings Inc. Invests $1.67 Million in HashiCorp, Inc. (NASDAQ:HCP)

Nomura Holdings Inc. purchased a new position in shares of HashiCorp, Inc. (NASDAQ:HCP) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 48,902 shares of the company’s stock, valued at approximately $1,673,000.

A number of other large investors have also made changes to their positions in HCP. Norges Bank purchased a new stake in shares of HashiCorp during the fourth quarter valued at $161,190,000. Caxton Associates LP grew its holdings in shares of HashiCorp by 284.8% during the fourth quarter. Caxton Associates LP now owns 1,086,285 shares of the company’s stock valued at $37,162,000 after buying an additional 803,980 shares during the last quarter. AQR Arbitrage LLC grew its holdings in shares of HashiCorp by 56.2% during the fourth quarter. AQR Arbitrage LLC now owns 1,933,854 shares of the company’s stock valued at $66,138,000 after buying an additional 695,729 shares during the last quarter. National Bank of Canada FI purchased a new stake in shares of HashiCorp during the fourth quarter valued at $23,697,000. Finally, SG Americas Securities LLC grew its holdings in shares of HashiCorp by 1,512.2% during the fourth quarter. SG Americas Securities LLC now owns 720,930 shares of the company’s stock valued at $24,663,000 after buying an additional 676,212 shares during the last quarter. 86.25% of the stock is owned by institutional investors and hedge funds.

HashiCorp Stock Performance

NASDAQ:HCP opened at $34.78 on Friday. HashiCorp, Inc. has a one year low of $32.98 and a one year high of $34.85. The firm has a market cap of $7.11 billion, a price-to-earnings ratio of -57.02 and a beta of 1.18. The firm’s fifty day moving average is $34.78 and its two-hundred day moving average is $34.38.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of HashiCorp in a report on Tuesday, May 13th. They issued a “hold” rating on the stock.

HashiCorp Profile

HashiCorp, Inc engages in the provision of multi-cloud infrastructure automation solutions worldwide. The company offers infrastructure provisioning products, including Terraform, that enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; Packer, that provides a consistent way to define the process of transforming the raw source inputs into a production worthy artifact, across any environment or packaging format; and Vagrant, that allows teams to define how development environments are set up.