KORE Group Holdings, Inc. (NYSE:KORE) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC cut its position in shares of KORE Group Holdings, Inc. (NYSE:KORE) by 50.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,106,023 shares of the company’s stock after selling 2,106,023 shares during the quarter. Corient Private Wealth LLC owned 12.38% of KORE Group worth $6,781,000 at the end of the most recent reporting period.

KORE Group Stock Performance

Shares of NYSE:KORE opened at $2.50 on Friday. The stock has a market capitalization of $42.52 million, a price-to-earnings ratio of -0.35 and a beta of 1.85. KORE Group Holdings, Inc. has a 1-year low of $1.10 and a 1-year high of $4.88. The company’s fifty day moving average is $2.37 and its two-hundred day moving average is $2.13.

KORE Group Company Profile

KORE Group Holdings, Inc provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company’s products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services.