Nomura Holdings Inc. Takes Position in Xunlei Limited $XNET

Key Points

• Nomura Holdings Inc. has acquired 437,592 shares of Xunlei Limited (NASDAQ:XNET) during the first quarter, valued at approximately $1,965,000, representing about 0.70% ownership in the company.
• Wall Street Zen upgraded Xunlei's stock from a "hold" to a "buy" rating on August 16th, signaling improved confidence in the company's future performance.
• Xunlei reported earnings of $0.12 per share for the last quarter, with a revenue of $103.54 million and a notable net margin of 202.62%.

Nomura Holdings Inc. acquired a new stake in Xunlei Limited (NASDAQ:XNET - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 437,592 shares of the software maker's stock, valued at approximately $1,965,000. Nomura Holdings Inc. owned 0.70% of Xunlei at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. XTX Topco Ltd acquired a new stake in Xunlei during the 1st quarter worth $98,000. Marshall Wace LLP purchased a new stake in shares of Xunlei in the fourth quarter valued at about $84,000. Russell Investments Group Ltd. boosted its stake in shares of Xunlei by 21.2% during the first quarter. Russell Investments Group Ltd. now owns 29,636 shares of the software maker's stock worth $132,000 after buying an additional 5,190 shares during the period. Finally, Invesco Ltd. purchased a new position in shares of Xunlei during the first quarter worth about $197,000. 5.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Xunlei from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th.

Xunlei Stock Performance

NASDAQ XNET traded up $0.33 during trading hours on Friday, hitting $7.65. 832,718 shares of the stock were exchanged, compared to its average volume of 1,792,593. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.04. The company has a market cap of $478.58 million, a price-to-earnings ratio of 0.67 and a beta of 0.97. Xunlei Limited has a 12-month low of $1.51 and a 12-month high of $8.80. The stock has a 50-day moving average of $5.48 and a 200 day moving average of $4.83.

Xunlei (NASDAQ:XNET - Get Free Report) last released its earnings results on Thursday, August 14th. The software maker reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $103.54 million for the quarter. Xunlei had a return on equity of 4.50% and a net margin of 202.62%. Xunlei has set its Q3 2025 guidance at EPS.

About Xunlei

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.