774,166 Shares in EHang Holdings Limited Unsponsored ADR $EH Purchased by Baillie Gifford & Co.

Key Points

• Baillie Gifford & Co. established a new position of 774,166 shares in EHang during Q4, valued at about $10.2 million and representing roughly 1.08% of the company.
• Analyst coverage is mixed (three Buys, one Hold, one Sell), producing a consensus rating of "Hold" and an average price target of $22.47.
• EH shares traded near $10.81 (52‑week range $9.06–$20.85); the company has a market cap of about $777M, a negative P/E, and institutional investors own roughly 94% of the stock.

Baillie Gifford & Co. bought a new position in EHang Holdings Limited Unsponsored ADR (NASDAQ:EH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 774,166 shares of the company's stock, valued at approximately $10,204,000. Baillie Gifford & Co. owned about 1.08% of EHang at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in shares of EHang by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,404 shares of the company's stock worth $156,000 after acquiring an additional 1,112 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of EHang in the 3rd quarter worth about $117,000. Nomura Holdings Inc. acquired a new stake in shares of EHang in the 3rd quarter worth about $742,000. California Public Employees Retirement System raised its holdings in shares of EHang by 8.2% in the 3rd quarter. California Public Employees Retirement System now owns 54,450 shares of the company's stock worth $1,011,000 after acquiring an additional 4,112 shares during the last quarter. Finally, Bank of America Corp DE grew its position in EHang by 32.2% in the 3rd quarter. Bank of America Corp DE now owns 100,717 shares of the company's stock worth $1,870,000 after purchasing an additional 24,540 shares in the last quarter. Institutional investors and hedge funds own 94.03% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Wall Street Zen raised shares of EHang from a "sell" rating to a "hold" rating in a research report on Saturday, March 28th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of EHang in a research report on Wednesday, January 21st. Finally, Bank of America reaffirmed a "buy" rating on shares of EHang in a research report on Thursday, March 12th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $22.47.

EHang Trading Up 0.8%

Shares of EH stock opened at $10.81 on Tuesday. EHang Holdings Limited Unsponsored ADR has a 52-week low of $9.06 and a 52-week high of $20.85. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.98 and a current ratio of 2.12. The company has a 50-day simple moving average of $11.33 and a two-hundred day simple moving average of $13.93. The company has a market capitalization of $777.13 million, a price-to-earnings ratio of -24.57 and a beta of 1.11.

EHang Company Profile

EHang Holdings Limited is a China-based technology company specializing in the development and manufacturing of autonomous aerial vehicles (AAVs) for passenger transportation, logistics, and other commercial applications. Established in 2014 and listed on NASDAQ under the ticker EH in 2019, EHang focuses on delivering turnkey solutions that integrate hardware, flight control systems and a cloud-based operating platform. Its flagship products include the EH216 series passenger AAV and the Falcon series unmanned aerial vehicles, designed to support urban air mobility, aerial filming, emergency response and short-range cargo delivery.

The company's business model encompasses research and development, manufacturing, certification support, and operations services.

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