Cohen Michael Daniel Sells 16,628 Shares of PLTK
PLTK's Chief Legal Officer sold shares worth $56,036 on June 15, 2026.
Key Points
- Cohen Michael Daniel, the Chief Legal Officer at PLTK, sold 16,628 shares at an average price of $3.37 each on June 15, 2026.
- PLTK shares traded near $3.35, with institutional investors like Mirae Asset Global ETFs Holdings significantly increasing their stakes.
- Analysts from Roth Capital and Goldman Sachs maintain a hold rating, with price targets of $3.5 and $4.25, respectively.
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Cohen Michael Daniel, the Chief Legal Officer at PLTK, sold 16,628 shares of the company on June 15, 2026. The shares were sold at an average price of $3.37 each, bringing the transaction total to about $56,036. This sale was not part of a pre-planned trading program.
Other Institutional Activity in PLTK
Mirae Asset Global ETFs Holdings Ltd. significantly boosted its stake in PLTK, adding 6,215,220 shares to hold a total of 6,328,258 shares valued at approximately $17.59 million. On the other hand, AQR Capital Management LLC reduced its holdings by 500,879 shares, ending with 4,994,129 shares worth about $13.88 million. BlackRock, Inc. also trimmed its position by 433,111 shares, now holding 4,836,192 shares valued at $13.44 million. Meanwhile, LSV Asset Management cut its stake by 1,251,550 shares, leaving it with 4,354,425 shares worth approximately $12.1 million. Two Sigma Investments, LP increased its holdings by 2,020,868 shares, resulting in a total of 4,281,639 shares valued at $11.9 million.
Playtika Holding Corp. Stock Up 44.4%
Shares of PLTK traded near $3.35 recently. The stock has seen various institutional movements, with some investors increasing their stakes significantly while others have reduced theirs.
Insider Buying and Selling at Playtika Holding Corp.
In addition to Cohen Michael Daniel's recent transaction, Tae Lee, the CFO, sold 1,240 shares at $3.63 each on May 8, 2026. Earlier in the year, on March 13, 2026, Cohen sold another 16,628 shares at $2.85, and Craig Justin Abrahams, President and CFO, sold 26,604 shares at the same price.
Analysts Set New Price Targets
On May 27, 2026, Roth Capital maintained its hold rating on PLTK with a price target of $3.5. Previously, on March 2, 2026, Goldman Sachs also maintained a hold rating, setting a price target of $4.25. Citigroup had earlier given a buy rating with a target of $5.5 on February 20, 2026.
Bottom Line
The insider sale by Cohen Michael Daniel is a routine transaction that investors track for insights into company sentiment. PLTK has seen varied institutional interest, with some funds increasing their positions substantially. Analyst ratings remain mostly steady, reflecting cautious optimism about the company's future performance.
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