Brandywine Global Investment Management LLC Invests $3.90 Million in WEBTOON Entertainment Inc. $WBTN

Brandywine Global Investment Management LLC bought a new position in WEBTOON Entertainment Inc. (NASDAQ:WBTN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 299,547 shares of the company’s stock, valued at approximately $3,903,000. Brandywine Global Investment Management LLC owned approximately 0.23% of WEBTOON Entertainment as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of WBTN. FNY Investment Advisers LLC purchased a new position in shares of WEBTOON Entertainment in the third quarter worth about $39,000. BNP Paribas Financial Markets grew its stake in WEBTOON Entertainment by 103.4% during the third quarter. BNP Paribas Financial Markets now owns 3,548 shares of the company’s stock valued at $69,000 after acquiring an additional 1,804 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in WEBTOON Entertainment by 8.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,816 shares of the company’s stock valued at $89,000 after acquiring an additional 774 shares in the last quarter. State of Wyoming purchased a new position in WEBTOON Entertainment during the fourth quarter valued at approximately $96,000. Finally, Invesco Ltd. purchased a new position in WEBTOON Entertainment during the first quarter valued at approximately $123,000.

Analysts Set New Price Targets

WBTN has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and set a $10.00 target price on shares of WEBTOON Entertainment in a research report on Thursday, March 5th. HSBC lowered shares of WEBTOON Entertainment from a “buy” rating to a “hold” rating and set a $11.50 target price for the company. in a research report on Wednesday, March 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of WEBTOON Entertainment in a research report on Monday, April 20th. Wall Street Zen upgraded shares of WEBTOON Entertainment from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Evercore reiterated an “outperform” rating and set a $15.00 target price on shares of WEBTOON Entertainment in a research report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, WEBTOON Entertainment presently has an average rating of “Hold” and a consensus price target of $15.75.

WEBTOON Entertainment Price Performance

Shares of WEBTOON Entertainment stock opened at $11.20 on Thursday. WEBTOON Entertainment Inc. has a 1 year low of $8.16 and a 1 year high of $22.47. The firm has a market cap of $1.51 billion, a PE ratio of -4.39 and a beta of 2.48. The company has a 50 day simple moving average of $11.75 and a two-hundred day simple moving average of $11.88.

WEBTOON Entertainment Company Profile

Webtoon Entertainment Inc operates WEBTOON, a leading digital comics platform offering a diverse library of user-generated and professionally produced webcomics. The company enables creators around the world to publish serialized content in a vertical-scrolling format optimized for mobile and web consumption. Through its platform, readers can access thousands of titles across genres such as romance, fantasy, drama, and action, with both free-to-read episodes and advanced access options supported by microtransactions and advertising.

Founded as part of Naver Corporation and launched internationally in 2014, Webtoon Entertainment has grown rapidly by fostering a direct connection between comic creators and global audiences.