WEBTOON Entertainment Inc. Common StockWBTN
About: Webtoon Entertainment Inc is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
1.96% less ownership
Funds ownership: 39.9% [Q2] → 37.94% (-1.96%) [Q3]
20% less funds holding
Funds holding: 59 [Q2] → 47 (-12) [Q3]
31% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 39
52% less capital invested
Capital invested by funds: $1.16B [Q2] → $557M (-$601M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Deutsche Bank Benjamin Black 76% 1-year accuracy 13 / 17 met price target | 23%upside $16 | Buy Maintained | 5 Nov 2024 |