Full Truck Alliance Co. Ltd. Sponsored ADR $YMM Shares Sold by Matthews International Capital Management LLC

Key Points

• Matthews International cut its stake in Full Truck Alliance (NYSE: YMM) by 30% in Q4, selling 555,249 shares and now holding 1,296,189 shares valued at about $13.91 million (roughly 4.2% of the firm's portfolio).
• Shares trade around $8.68 with a one-year range of $8.04–$14.07, a market cap of $9.07B and a P/E of 14.46; the company reported $0.01 EPS, $456.3M revenue and a 35.2% net margin for the latest quarter.
• Full Truck Alliance paid a $0.084 dividend (ex-dividend Apr 8, paid Apr 22) with a reported payout ratio of 23.33% and a stated yield of 201.0%, while analysts hold an average Hold rating and a $11.43 price target (2 Buys, 4 Holds).

Matthews International Capital Management LLC reduced its stake in shares of Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM - Free Report) by 30.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,296,189 shares of the company's stock after selling 555,249 shares during the period. Full Truck Alliance makes up approximately 4.2% of Matthews International Capital Management LLC's investment portfolio, making the stock its 8th biggest holding. Matthews International Capital Management LLC owned 0.12% of Full Truck Alliance worth $13,908,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Compound Planning Inc. lifted its stake in shares of Full Truck Alliance by 7.0% during the third quarter. Compound Planning Inc. now owns 15,948 shares of the company's stock worth $207,000 after buying an additional 1,048 shares during the period. CI Investments Inc. lifted its stake in shares of Full Truck Alliance by 10.7% during the third quarter. CI Investments Inc. now owns 10,924 shares of the company's stock worth $142,000 after buying an additional 1,052 shares during the period. Exchange Traded Concepts LLC lifted its stake in shares of Full Truck Alliance by 0.6% during the third quarter. Exchange Traded Concepts LLC now owns 248,174 shares of the company's stock worth $3,219,000 after buying an additional 1,410 shares during the period. Parnassus Investments LLC lifted its stake in shares of Full Truck Alliance by 12.1% during the third quarter. Parnassus Investments LLC now owns 21,547 shares of the company's stock worth $279,000 after buying an additional 2,333 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Full Truck Alliance by 274.9% during the second quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company's stock worth $46,000 after buying an additional 2,845 shares during the period. 39.02% of the stock is currently owned by institutional investors and hedge funds.

Full Truck Alliance Price Performance

Shares of Full Truck Alliance stock opened at $8.68 on Friday. The firm has a fifty day moving average price of $8.77 and a 200 day moving average price of $10.41. Full Truck Alliance Co. Ltd. Sponsored ADR has a 1 year low of $8.04 and a 1 year high of $14.07. The stock has a market cap of $9.07 billion, a PE ratio of 14.46 and a beta of 0.28.

Full Truck Alliance (NYSE:YMM - Get Free Report) last released its quarterly earnings data on Saturday, February 14th. The company reported $0.01 earnings per share for the quarter. Full Truck Alliance had a net margin of 35.22% and a return on equity of 11.33%. The company had revenue of $456.32 million during the quarter. As a group, equities analysts expect that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.66 EPS for the current year.

Full Truck Alliance Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were issued a $0.084 dividend. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a yield of 201.0%. Full Truck Alliance's payout ratio is presently 23.33%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Morgan Stanley reissued an "overweight" rating on shares of Full Truck Alliance in a report on Thursday, March 12th. Daiwa Securities Group cut shares of Full Truck Alliance from a "buy" rating to a "neutral" rating and set a $9.00 target price for the company. in a report on Friday, March 13th. JPMorgan Chase & Co. raised shares of Full Truck Alliance from an "underweight" rating to a "neutral" rating and set a $8.00 target price for the company in a report on Wednesday, April 1st. iA Financial set a $8.00 target price on shares of Full Truck Alliance in a report on Monday, January 12th. Finally, Weiss Ratings cut shares of Full Truck Alliance from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, January 13th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $11.43.

Full Truck Alliance Profile

Full Truck Alliance NYSE: YMM operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.

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