Kakao, Institutional Investors Net Sell 157,320 Shares Over Last 5 Days... Stock Price 441,000 KRW (+0.23%)

Kakao is trading at 441,000 won as of 12:30 PM on the 20th, up 0.23% from the previous day. The trading volume is 412,643 shares, which is 71.25% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On January 15, Donghee Kim, a researcher at Meritz Securities, stated, "Revenue generation from TokBiz (advertising/commerce) continues, with strengthened monetization of mobility, Pay, and webtoons. Kakao M is also positive about the full-scale revenue realization through content monetization and collaboration with Netflix. The phase where external growth outweighs cost increases. Will the IPOs of key financial subsidiaries proceed smoothly? Kakao Pay and Kakao Bank are expected to have successful IPOs by overcoming hurdles such as MyData and real estate secured loans, respectively." He set Kakao's target price at 570,000 won.

Over the past five days, individual investors have net purchased 19,508 shares of Kakao, while foreigners and institutions have net purchased 123,043 shares and net sold 157,320 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.