NAVER Stock Down 0.82% at This Hour... Institutional Investors Sold Net 513,828 Shares in Last 5 Days

As of 10:31 AM on the 18th, NAVER is trading at 303,500 KRW, down 0.82% from the previous day. The trading volume is 308,210 shares, which is 28.17% of the previous day's volume. NAVER is known as the operator of Naver, the number one internet portal.

On January 14, Hwang Hyun-jun, a researcher at DB Financial Investment, stated, "The expansion strategy in the Pay/Webtoon business is expected to continue until the first half of 2021. Therefore, it is necessary to focus on whether the external growth driven by the expansion of the user base and transaction volume will continue rather than profitability for the time being. Additionally, the performance of the new Z Holdings will be a key point to watch this year. NAVER's management integration with LINE-Z Holdings has increased visibility and expectations for business performance in Japan, such as simple payment services, compared to before." He set NAVER's target price at 400,000 KRW.

Over the past five days, individual investors have net purchased 204,490 shares of NAVER, while foreigners and institutions have net purchased 269,928 shares and net sold 513,828 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.