Baader Bank Aktiengesellschaft raised its position in Waterdrop Inc. Unsponsored ADR (NYSE:WDH - Free Report) by 28.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,660,910 shares of the company's stock after purchasing an additional 369,325 shares during the quarter. Baader Bank Aktiengesellschaft owned 0.45% of Waterdrop worth $2,475,000 as of its most recent SEC filing.
Separately, Jane Street Group LLC purchased a new stake in shares of Waterdrop during the fourth quarter worth $78,000. 1.96% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, Wall Street Zen lowered Waterdrop from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th.
Check Out Our Latest Report on WDH
Waterdrop Trading Up 2.5%
Shares of WDH stock traded up $0.04 on Friday, reaching $1.65. 230,242 shares of the stock were exchanged, compared to its average volume of 258,548. The business's 50 day moving average price is $1.48 and its 200 day moving average price is $1.36. The company has a market capitalization of $598.09 million, a price-to-earnings ratio of 11.00 and a beta of -0.30. Waterdrop Inc. Unsponsored ADR has a twelve month low of $0.97 and a twelve month high of $2.17.
Waterdrop Profile
(
Free Report)
Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.
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