Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by Hel Ved Capital Management Ltd

Key Points

• Hel Ved Capital cut its stake in Atour Lifestyle (NASDAQ:ATAT) by 68.9% in Q3, selling 57,700 shares and retaining 26,100 shares worth about $981,000.
• ATAT shares opened at $36.46 (down 2.1%) with a market cap of $5.04 billion and a 52‑week range of $21.50–$43.17; analysts have an average rating of "Moderate Buy" and an average price target of $46.63 (7 Buys, 1 Hold).

Hel Ved Capital Management Ltd cut its stake in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 68.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 26,100 shares of the company's stock after selling 57,700 shares during the period. Hel Ved Capital Management Ltd's holdings in Atour Lifestyle were worth $981,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. New York State Common Retirement Fund boosted its stake in shares of Atour Lifestyle by 3.7% in the third quarter. New York State Common Retirement Fund now owns 14,100 shares of the company's stock valued at $530,000 after purchasing an additional 500 shares during the period. TD Waterhouse Canada Inc. grew its stake in Atour Lifestyle by 3.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company's stock valued at $659,000 after purchasing an additional 555 shares in the last quarter. Hollencrest Capital Management purchased a new stake in Atour Lifestyle during the 2nd quarter worth approximately $29,000. Assetmark Inc. acquired a new position in shares of Atour Lifestyle in the 3rd quarter valued at approximately $37,000. Finally, Squarepoint Ops LLC raised its position in shares of Atour Lifestyle by 3.8% in the 2nd quarter. Squarepoint Ops LLC now owns 29,458 shares of the company's stock valued at $958,000 after purchasing an additional 1,073 shares in the last quarter. Hedge funds and other institutional investors own 17.79% of the company's stock.

Atour Lifestyle Stock Down 2.1%

Shares of NASDAQ:ATAT opened at $36.46 on Friday. The company has a market cap of $5.04 billion, a PE ratio of 24.80, a P/E/G ratio of 0.77 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a fifty-two week low of $21.50 and a fifty-two week high of $43.17. The firm has a 50-day simple moving average of $38.44 and a 200 day simple moving average of $38.72.

Analyst Ratings Changes

A number of research firms have commented on ATAT. CLSA started coverage on shares of Atour Lifestyle in a research note on Friday, January 2nd. They set an "outperform" rating and a $49.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on shares of Atour Lifestyle in a research report on Wednesday, November 12th. They issued an "overweight" rating and a $57.00 target price for the company. Citigroup increased their price target on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a "buy" rating in a research report on Tuesday, November 25th. Zacks Research downgraded Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 17th. Finally, Macquarie Infrastructure boosted their price objective on Atour Lifestyle from $39.00 to $44.00 and gave the company an "outperform" rating in a report on Tuesday, November 25th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $46.63.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company's core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.

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