As Noah Hldgs LTD (NOAH) Shares Rose, Ward Ferry Management LTD Increased Its Stake by $7.82 Million

June 29, 2018 - By Ira Colvard

Ward Ferry Management Ltd’s stake in Noah Hldgs Ltd (NOAH) is upped by 6.19% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock rose 41.10% while stock markets declined as Ward Ferry Management Ltd bought 166,400 shares. At the end of 2018Q1, the 2.85 million shares of the investment managers company held by the institutional investor were valued at $134.78M, up from 2.69 million at the end of the previous reported quarter. $3.09B is the market cap of Noah Hldgs Ltd. The stock increased 0.04% or $0.02 during the last trading session, reaching $52.7.Noah Holdings Limited has volume of 443,814 shares. Since June 29, 2017 NOAH has risen 135.07% and is uptrending. NOAH outperformed the S&P500 by 122.50%.

Ward Ferry Management Ltd has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.

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