PROSY Stock Recent News

The MENA region has about 400 million people with $500 billion in annual savings. But as a relatively young population, most of them have minimal equity market and investment exposure.

Prosus is a holding that is investing in high-growth markets like online food delivery, fintech, and classifieds. If the company is successful in bringing groceries to clients, the target market will most likely significantly increase.

The chief executive of Prosus NV, Bob van Dijk, has purchased about $10 million of the company's shares on the open market, the company said on Friday in a statement.

Are there any "cheap" technology stocks? You bet there are, especially after the past brutal month.

David Herro (Trades, Portfolio), co-manager of the Oakmark International Fund, disclosed this week that his fund's top five trades during the third quarter included new positions in Prosus NV ( XAMS:PRX , Financial), Worldline SA ( XPAR:WLN , Financial) and Vipshop Holdings Ltd. ( VIPS , Financial) and reductions to its holdings in Naspers Ltd.

Prosus N.V. (PROSY) CEO Bob van Dijk on Q3 2021 Results - Earnings Call Transcript

Steven Romick (Trades, Portfolio), manager of the FPA Crescent Fund, disclosed this week that his fund's top trades during the third quarter included the exchanging of its Alibaba Group Holding Ltd. ( BABA , Financial) and Baidu Inc. ( BIDU , Financial) holdings to Hong Kong-based shares ( HKSE:09988 , Financial)( HKSE:09888 , Financial), a short position in the SPDR S&P 500 ETF Trust ( SPY , Financial), a position boost in Prosus NV ( XAMS:PRX , Financial) and reductions to its holdings in Naspers Ltd.

This investment company is buying back its shares at a big discount while also holding stocks that do the same... and it's not Berkshire Hathaway.