393,839 Shares in HUYA Inc. Sponsored ADR $HUYA Acquired by Caxton Associates LLP

Key Points

• Caxton Associates LLP has acquired a new position in HUYA Inc., purchasing 393,839 shares valued at approximately $1.26 million, representing 0.17% ownership of the company.
• Other institutional investors have increased their stakes in HUYA, with significant purchases from BRIGHT VALLEY CAPITAL Ltd and Connor Clark & Lunn Investment Management Ltd. during the first quarter.
• HUYA Inc. has a market capitalization of $783.80 million, with a 12-month stock price range between $2.21 and $6.43.

Caxton Associates LLP purchased a new stake in HUYA Inc. Sponsored ADR (NYSE:HUYA - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 393,839 shares of the company's stock, valued at approximately $1,264,000. Caxton Associates LLP owned approximately 0.17% of HUYA at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of HUYA by 19.7% in the fourth quarter. Bank of America Corp DE now owns 995,747 shares of the company's stock valued at $3,057,000 after purchasing an additional 164,112 shares in the last quarter. Amiral Gestion bought a new stake in shares of HUYA in the fourth quarter valued at about $307,000. National Bank of Canada FI bought a new stake in shares of HUYA in the first quarter valued at about $32,000. Headlands Technologies LLC lifted its holdings in shares of HUYA by 16,738.4% in the first quarter. Headlands Technologies LLC now owns 140,937 shares of the company's stock valued at $452,000 after purchasing an additional 140,100 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of HUYA in the first quarter valued at about $110,000. 23.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Zacks Research upgraded HUYA to a "hold" rating in a report on Monday, September 8th. One research analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $4.57.

HUYA Price Performance

NYSE:HUYA traded up $0.01 during trading hours on Monday, reaching $3.52. 441,800 shares of the company were exchanged, compared to its average volume of 1,973,797. The company has a market capitalization of $781.56 million, a P/E ratio of -39.05 and a beta of 0.76. HUYA Inc. Sponsored ADR has a 1-year low of $2.21 and a 1-year high of $6.43. The business has a 50 day moving average of $3.31 and a 200 day moving average of $3.50.

About HUYA

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.