Amundi Buys 810,651 Shares of Grab Holdings Limited $GRAB

Amundi grew its stake in Grab Holdings Limited (NASDAQ:GRAB - Free Report) by 6.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,522,874 shares of the company's stock after purchasing an additional 810,651 shares during the period. Amundi owned about 0.31% of Grab worth $47,211,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in GRAB. Norges Bank bought a new stake in shares of Grab during the fourth quarter valued at approximately $161,484,000. PointState Capital LP increased its holdings in Grab by 411.1% in the 4th quarter. PointState Capital LP now owns 32,555,483 shares of the company's stock valued at $162,452,000 after buying an additional 26,186,329 shares during the period. Marshall Wace LLP increased its holdings in Grab by 49.2% in the 4th quarter. Marshall Wace LLP now owns 72,453,397 shares of the company's stock valued at $361,542,000 after buying an additional 23,891,108 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Grab by 58.0% in the 1st quarter. Assenagon Asset Management S.A. now owns 54,906,371 shares of the company's stock valued at $200,957,000 after buying an additional 20,152,535 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Grab by 24.9% in the 3rd quarter. Invesco Ltd. now owns 79,797,848 shares of the company's stock valued at $480,383,000 after buying an additional 15,916,063 shares in the last quarter. Institutional investors and hedge funds own 55.52% of the company's stock.

Grab Stock Performance

NASDAQ GRAB opened at $3.01 on Friday. Grab Holdings Limited has a 1-year low of $2.96 and a 1-year high of $6.62. The company has a 50 day moving average of $3.57 and a 200-day moving average of $3.67. The company has a current ratio of 1.52, a quick ratio of 1.51 and a debt-to-equity ratio of 0.06. The firm has a market cap of $12.33 billion, a price-to-earnings ratio of 50.18, a PEG ratio of 0.80 and a beta of 0.89.

Grab (NASDAQ:GRAB - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. Grab had a return on equity of 8.83% and a net margin of 15.97%.The business had revenue of $997.00 million for the quarter, compared to the consensus estimate of $994.97 million. On average, equities analysts forecast that Grab Holdings Limited will post 0.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Barclays decreased their target price on shares of Grab from $7.00 to $5.00 and set an "overweight" rating on the stock in a research report on Thursday, July 9th. Zacks Research raised shares of Grab from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 2nd. Weiss Ratings downgraded Grab from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, August 17th. Benchmark reiterated a "buy" rating on shares of Grab in a research note on Tuesday, August 4th. Finally, Morgan Stanley reissued an "overweight" rating and issued a $6.25 target price on shares of Grab in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $6.01.

Trending Headlines about Grab

Here are the key news stories impacting Grab this week:

• Positive Sentiment: Potential fintech expansion: Grab is reportedly in talks to acquire Singapore-based, SoftBank-backed buy-now-pay-later provider Atome Financial. A deal—potentially valuing Atome above $2 billion—could strengthen Grab’s digital-finance ecosystem and diversify revenue beyond mobility and deliveries. However, the acquisition’s price and funding remain uncertain. Grab Is Said in Talks to Buy SoftBank-Backed Fintech Firm Atome
• Positive Sentiment: New marketplace initiatives: Grab launched a marketplace for new and pre-owned vehicles in Singapore, while expanding access to electric-vehicle ride-hailing with taxi operators in Iloilo. These efforts could broaden platform engagement and support longer-term mobility growth. Grab launches car marketplace
• Neutral Sentiment: Trading indicators were mixed: Investors purchased about 39,023 GRAB call options, roughly 38% above average, signaling increased bullish speculation but not necessarily sustained buying in the shares. Reported short interest was zero, making the short-interest data uninformative. Most Active Options Report
• Negative Sentiment: Driver dissatisfaction could disrupt operations: Grab drivers in Vietnam reportedly plan a two-day app boycott over falling earnings and commission fees. A boycott could temporarily reduce ride availability, bookings and platform revenue while highlighting regulatory and labor-relations risks. Vietnam Grab Drivers Plan Weekend Boycott
• Negative Sentiment: Acquisition concerns are weighing on sentiment: Investors appear cautious about the potential Atome purchase because a large transaction could increase financial commitments and integration risk. The stock recently fell more sharply than the broader market, reinforcing near-term investor sensitivity. Grab Holdings Slips on Atome Acquisition Reports
• Negative Sentiment: Insider selling adds a modest cautionary signal: Director Chin Yin Ong sold 38,000 shares under a pre-arranged Rule 10b5-1 plan. The scheduled nature limits its significance, but it nevertheless provides a small negative sentiment signal. Grab Insider Share Sale

Insiders Place Their Bets

In other news, COO Alexander Hungate sold 145,349 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $3.48, for a total transaction of $505,814.52. Following the sale, the chief operating officer owned 6,111,979 shares in the company, valued at approximately $21,269,686.92. This represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Peter Henry Oey sold 50,000 shares of the firm's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $3.60, for a total value of $180,000.00. Following the completion of the sale, the chief financial officer owned 6,853,470 shares of the company's stock, valued at approximately $24,672,492. This trade represents a 0.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,763,442 shares of company stock worth $6,405,495 in the last three months. Company insiders own 3.60% of the company's stock.

Grab Profile

Grab Holdings Inc NASDAQ: GRAB is a technology company that operates a superapp serving consumers, drivers, merchants and businesses across Southeast Asia. Its platform connects users with transportation, food and grocery delivery, parcel and on-demand logistics, digital payments and other financial services.

The company began as a ride-hailing service in Malaysia in 2012, founded by Anthony Tan and Tan Hooi Ling, and expanded into a broader digital platform. Grab's consumer offerings include private-hire and taxi services, GrabFood, GrabMart and GrabExpress, while its financial-services products include digital payments, lending, insurance and digital banking services offered in selected markets.

Grab serves markets across Southeast Asia, including Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines and Cambodia.

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