Cubist Systematic Strategies LLC grew its stake in Zhihu Inc. Sponsored ADR (NYSE:ZH - Free Report) by 1,769.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 190,786 shares of the company's stock after purchasing an additional 180,583 shares during the period. Cubist Systematic Strategies LLC owned about 0.22% of Zhihu worth $815,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of ZH. BNP Paribas Financial Markets purchased a new stake in Zhihu in the 4th quarter worth approximately $242,000. Nomura Holdings Inc. boosted its position in Zhihu by 95.7% in the 4th quarter. Nomura Holdings Inc. now owns 146,764 shares of the company's stock worth $520,000 after purchasing an additional 71,764 shares in the last quarter. Wolverine Trading LLC purchased a new stake in Zhihu in the 4th quarter worth approximately $38,000. PFG Investments LLC purchased a new stake in Zhihu in the 1st quarter worth approximately $327,000. Finally, New York State Common Retirement Fund boosted its position in Zhihu by 64.7% in the 1st quarter. New York State Common Retirement Fund now owns 52,144 shares of the company's stock worth $223,000 after purchasing an additional 20,478 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company's stock.
Zhihu Stock Performance
Shares of NYSE:ZH traded up $0.11 during midday trading on Friday, reaching $5.29. 590,555 shares of the company's stock traded hands, compared to its average volume of 446,517. Zhihu Inc. Sponsored ADR has a 1 year low of $3.13 and a 1 year high of $6.32. The company has a market cap of $461.92 million, a P/E ratio of 23.55 and a beta of 0.22. The company has a fifty day simple moving average of $4.64 and a two-hundred day simple moving average of $4.34.
Zhihu Company Profile
(
Free Report)
Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.
Featured Stories

Before you consider Zhihu, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zhihu wasn't on the list.
While Zhihu currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.