Assenagon Asset Management S.A. Has $2.02 Million Stock Holdings in Autohome Inc. $ATHM

Key Points

• Assenagon Asset Management S.A. has reduced its stake in Autohome Inc. by 60.8%, now holding 78,435 shares worth approximately $2.02 million after selling 121,721 shares in the 2nd quarter.
• Multiple institutional investors, including Parallel Advisors LLC and Swedbank AB, have increased their positions in Autohome, with Swedbank raising its holdings by 71.8%.
• As of the latest report, Autohome's stock price is $28.93, with a market capitalization of $3.38 billion and a PE ratio of 17.02.

Assenagon Asset Management S.A. lessened its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 60.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,435 shares of the information services provider's stock after selling 121,721 shares during the quarter. Assenagon Asset Management S.A. owned 0.07% of Autohome worth $2,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of ATHM. Parallel Advisors LLC lifted its position in shares of Autohome by 42.4% during the second quarter. Parallel Advisors LLC now owns 2,212 shares of the information services provider's stock worth $57,000 after purchasing an additional 659 shares in the last quarter. Swedbank AB raised its holdings in shares of Autohome by 71.8% during the first quarter. Swedbank AB now owns 61,986 shares of the information services provider's stock worth $1,718,000 after acquiring an additional 25,900 shares during the period. Guinness Asset Management LTD grew its holdings in shares of Autohome by 147.3% during the first quarter. Guinness Asset Management LTD now owns 1,978 shares of the information services provider's stock worth $55,000 after buying an additional 1,178 shares in the last quarter. Strs Ohio acquired a new position in Autohome during the first quarter worth $1,231,000. Finally, Amundi raised its holdings in Autohome by 8.5% during the first quarter. Amundi now owns 138,861 shares of the information services provider's stock worth $3,794,000 after acquiring an additional 10,890 shares in the last quarter. Institutional investors and hedge funds own 63.08% of the company's stock.

Autohome Trading Down 1.4%

ATHM stock opened at $28.93 on Friday. The firm has a market capitalization of $3.38 billion, a PE ratio of 17.02 and a beta of 0.01. Autohome Inc. has a 1-year low of $23.39 and a 1-year high of $34.70. The business's 50 day simple moving average is $28.56 and its 200 day simple moving average is $27.22.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.

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