Andra AP fonden Purchases 369,700 Shares of Grab Holdings Limited $GRAB

Andra AP fonden raised its position in Grab Holdings Limited (NASDAQ:GRAB - Free Report) by 27.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,707,100 shares of the company's stock after buying an additional 369,700 shares during the period. Andra AP fonden's holdings in Grab were worth $6,436,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Tidal Investments LLC grew its position in Grab by 6.2% during the 2nd quarter. Tidal Investments LLC now owns 487,340 shares of the company's stock worth $1,837,000 after acquiring an additional 28,398 shares during the last quarter. National Pension Service grew its holdings in shares of Grab by 40.6% during the second quarter. National Pension Service now owns 217,156 shares of the company's stock worth $819,000 after purchasing an additional 62,686 shares during the last quarter. Engineers Gate Manager LP acquired a new stake in shares of Grab in the second quarter valued at $621,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Grab in the second quarter valued at $59,000. Finally, Allianz Asset Management GmbH increased its stake in shares of Grab by 28.1% in the second quarter. Allianz Asset Management GmbH now owns 2,069,000 shares of the company's stock valued at $7,800,000 after buying an additional 453,813 shares in the last quarter. 55.52% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Philipp Wolfgang Josef Kandal sold 30,000 shares of Grab stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $3.08, for a total transaction of $92,400.00. Following the transaction, the insider owned 3,958,735 shares of the company's stock, valued at $12,192,903.80. This trade represents a 0.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 business's stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $2.90, for a total transaction of $145,000.00. Following the transaction, the chief financial officer owned 6,803,470 shares of the company's stock, valued at approximately $19,730,063. This represents a 0.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,219,349 shares of company stock worth $4,459,375 over the last ninety days. Company insiders own 3.60% of the company's stock.

Grab Price Performance

Shares of GRAB stock opened at $3.20 on Thursday. The firm's 50 day moving average price is $3.41 and its two-hundred day moving average price is $3.59. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.51 and a current ratio of 1.52. Grab Holdings Limited has a 52-week low of $2.74 and a 52-week high of $6.60. The stock has a market cap of $13.11 billion, a PE ratio of 53.34, a PEG ratio of 0.83 and a beta of 0.89.

Grab (NASDAQ:GRAB - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. The company had revenue of $997.00 million during the quarter, compared to analysts' expectations of $994.97 million. Grab had a net margin of 15.97% and a return on equity of 8.83%. As a group, analysts forecast that Grab Holdings Limited will post 0.13 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. KeyCorp set a $7.00 price target on shares of Grab in a research report on Wednesday, September 16th. Morgan Stanley restated an "overweight" rating and issued a $6.25 price objective on shares of Grab in a research report on Tuesday, June 30th. Zacks Research raised shares of Grab from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 2nd. Barclays decreased their price target on shares of Grab from $7.00 to $5.00 and set an "overweight" rating on the stock in a research note on Thursday, July 9th. Finally, Benchmark restated a "buy" rating on shares of Grab in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Grab has a consensus rating of "Moderate Buy" and a consensus target price of $6.11.

Grab News Summary

Here are the key news stories impacting Grab this week:

• Positive Sentiment: Grab CEO Anthony Tan purchased 10.35 million shares for approximately $29.9 million, while COO Alexander Hungate bought 299,571 shares for about $865,760. The purchases, made near $2.89 after the stock reached a multi-year low, may signal that senior executives view the selloff as an attractive entry point. Reuters article on Grab executive share purchases
• Positive Sentiment: Grab is partnering with OpenAI to provide AI training and ChatGPT subscriptions to roughly 30,000 drivers, delivery partners and merchants across Southeast Asia. The initiative could help platform participants improve productivity and develop new business ideas, while strengthening Grab’s technology-focused brand. Grab and OpenAI launch AI skills program
• Positive Sentiment: Wall Street’s overall view remains favorable: Grab has a “Moderate Buy” consensus rating, with a reported average price target of $6.11 versus recent trading near the low-$3 range. Analysts also point to the company’s recent earnings beat, including revenue of $997 million and EPS of $0.06. Zacks report on Wall Street views
• Neutral Sentiment: Grab is attracting substantial investor attention, but the increased interest appears driven partly by its sharp decline and insider buying rather than a new earnings release. Investors should distinguish improving sentiment from confirmed changes in operating performance. Zacks report on Grab trending interest
• Negative Sentiment: GRAB recently fell to a more than three-year low after announcing its acquisition of buy-now-pay-later provider Atome. Investors appear concerned about execution, integration and the financial risks of expanding into consumer finance. Technical analysts also say the stock has lost key support, leaving the possibility of further downside. Reuters article on the Atome deal and stock decline

About Grab

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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