A dark pool buy order was detected in HHR stock on January 10, 2020.

We rarely outright call a dark pool order a buy order but from the price chart above, it’s clear that’s exactly what this dark pool order was. Amazingly, this dark pool order was a shocking 300% of the average daily volume in HHR stock. A large player took a large position in this stock.

Unfortunately, we don’t have a news catalyst that we can identify as the reason for this huge position that someone took.

On November 11, 2019, UBS analyst Ulyana Lenvalskaya initiated coverage on HeadHunter Group (NASDAQ: HHR) with a Buy rating and a price target of $26.50.

On December 6, 2019, HeadHunter Group PLC (Nasdaq: HHR) announced its financial results for the quarter ended September 30, 2019. HeadHunter reported Q3 EPS of 16c versus the consensus estimate of 18c. The company reported Q3 revenue of $33.3M versus the consensus estimate of $32.49M.

“Today, I am delighted to present another set of excellent results,” said Mikhail Zhukov, Chief Executive Officer of HeadHunter Group PLC. Against the backdrop of a challenging macro environment, we continued to deliver strong revenue growth in key market segments as a result of balanced monetization and customer acquisition strategies. Also this quarter, we continued demonstrating our ability to increase revenue whilst improving profitability. We continued to deliver on our mobile-first strategy and in the third quarter of 2019 over 80% of total traffic came from mobile devices. We deem this especially important in the light of our increasingly high focus on blue collar professionals. Recently, as a testimony of our relentless product focus, we were granted a patent for a comprehensive machine learning powered candidate recommendation system that is embedded into various HeadHunter user interfaces. This technology provides our clients with an opportunity to increase the efficiency of their recruitment process by automatically matching candidates with relevant vacancies. We believe such recommendation and curation systems will continue to play an integral part in our product proposition going forward. We continue to explore opportunities in both market penetration and monetization enhancement as we implement our long-term growth strategy.”

finviz dynamic chart for  hhr

What’s Next? Make Sure To Review This Lesson On Dark Pool Trading!

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