Baader Bank Aktiengesellschaft Sells 42,849 Shares of NIO Inc. $NIO

Key Points

• Baader Bank Aktiengesellschaft has significantly reduced its position in NIO Inc. by 55.7%, now holding 34,030 shares valued at $117,000 following the sale of 42,849 shares in the second quarter.
• Several analysts have recently upgraded their ratings on NIO, with Wall Street Zen moving the stock from a "strong sell" to a "hold" and JPMorgan Chase raising the rating to "overweight" while increasing the price target from $4.80 to $8.00.
• NIO reported a quarterly earnings miss with an EPS of ($0.32), slightly worse than the anticipated ($0.30), despite revenue increasing by 9.0% compared to the same quarter last year.

Baader Bank Aktiengesellschaft lessened its stake in NIO Inc. (NYSE:NIO - Free Report) by 55.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,030 shares of the company's stock after selling 42,849 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in NIO were worth $117,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of NIO by 3,966.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,316,291 shares of the company's stock worth $20,255,000 after buying an additional 5,185,565 shares during the period. Advisors Asset Management Inc. grew its position in shares of NIO by 39.1% during the 1st quarter. Advisors Asset Management Inc. now owns 123,467 shares of the company's stock worth $470,000 after buying an additional 34,678 shares during the period. Rafferty Asset Management LLC grew its position in shares of NIO by 38.9% during the 1st quarter. Rafferty Asset Management LLC now owns 50,109 shares of the company's stock worth $191,000 after buying an additional 14,028 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of NIO by 49.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 18,441 shares of the company's stock worth $70,000 after buying an additional 6,078 shares during the period. Finally, Compound Planning Inc. grew its position in shares of NIO by 25.5% during the 1st quarter. Compound Planning Inc. now owns 33,746 shares of the company's stock worth $129,000 after buying an additional 6,865 shares during the period. Institutional investors and hedge funds own 48.55% of the company's stock.

NIO Stock Performance

NYSE NIO traded up $0.07 on Tuesday, hitting $6.98. 56,912,639 shares of the stock were exchanged, compared to its average volume of 58,818,074. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.84 and a quick ratio of 0.71. The business's fifty day moving average is $5.50 and its 200 day moving average is $4.43. NIO Inc. has a 52 week low of $3.02 and a 52 week high of $7.71. The company has a market capitalization of $14.58 billion, a PE ratio of -4.36 and a beta of 1.20.

NIO (NYSE:NIO - Get Free Report) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by ($0.02). NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $20.07 billion. During the same period last year, the company posted ($2.21) earnings per share. The business's revenue was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. Research analysts anticipate that NIO Inc. will post -1.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NIO has been the subject of several analyst reports. UBS Group upgraded shares of NIO from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $6.20 to $8.50 in a research report on Tuesday, September 16th. Citigroup boosted their price objective on shares of NIO from $8.10 to $8.60 and gave the company a "buy" rating in a report on Tuesday. The Goldman Sachs Group upgraded shares of NIO from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $3.70 to $3.80 in a report on Tuesday, June 17th. Wall Street Zen upgraded shares of NIO from a "strong sell" rating to a "hold" rating in a report on Monday, September 8th. Finally, JPMorgan Chase & Co. upgraded shares of NIO from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $4.80 to $8.00 in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $6.35.

About NIO

NIO Inc designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.