Grab Holdings Limited $GRAB Shares Sold by Sands Capital Management LLC

Key Points

• Sands Capital Management cut its Grab position by 33.4%, selling 6,266,839 shares in Q3 and now holding 12,490,985 shares (about 0.31%) valued at roughly $75.2 million.
• Several large institutions—including Invesco, JPMorgan, State Street, Artisan, and Norges Bank—added to or initiated stakes, leaving institutional ownership at 55.52%.
• Grab beat EPS estimates ( $0.04 vs. $0.01) but missed revenue ($906M vs. $942M); the stock traded around $3.87 (52‑week range $3.36–$6.62) and carries an average analyst target of $6.47 with a consensus "Buy" rating.

Sands Capital Management LLC lowered its position in Grab Holdings Limited (NASDAQ:GRAB - Free Report) by 33.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,490,985 shares of the company's stock after selling 6,266,839 shares during the quarter. Sands Capital Management LLC owned about 0.31% of Grab worth $75,196,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. boosted its holdings in Grab by 11.8% in the 2nd quarter. Invesco Ltd. now owns 63,881,785 shares of the company's stock valued at $321,325,000 after purchasing an additional 6,767,182 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Grab by 20.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 60,455,589 shares of the company's stock worth $304,092,000 after buying an additional 10,428,014 shares during the last quarter. State Street Corp increased its holdings in shares of Grab by 1.8% during the 2nd quarter. State Street Corp now owns 43,322,397 shares of the company's stock worth $217,912,000 after buying an additional 759,696 shares during the last quarter. Artisan Partners Limited Partnership raised its position in shares of Grab by 13.4% during the 2nd quarter. Artisan Partners Limited Partnership now owns 39,845,418 shares of the company's stock valued at $200,422,000 after buying an additional 4,710,420 shares during the period. Finally, Norges Bank purchased a new stake in shares of Grab during the 2nd quarter valued at approximately $175,192,000. 55.52% of the stock is currently owned by institutional investors and hedge funds.

Grab Stock Performance

NASDAQ:GRAB opened at $3.87 on Wednesday. Grab Holdings Limited has a fifty-two week low of $3.36 and a fifty-two week high of $6.62. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.73 and a current ratio of 1.75. The company has a 50 day moving average price of $4.43 and a 200 day moving average price of $5.16. The stock has a market capitalization of $15.58 billion, a P/E ratio of 129.04, a PEG ratio of 0.89 and a beta of 0.93.

Grab (NASDAQ:GRAB - Get Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. Grab had a return on equity of 4.09% and a net margin of 7.92%.The company had revenue of $906.00 million for the quarter, compared to analyst estimates of $942.08 million. Equities research analysts forecast that Grab Holdings Limited will post 0.05 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on GRAB shares. Benchmark reiterated a "buy" rating on shares of Grab in a research report on Thursday, February 12th. Barclays lifted their target price on Grab from $6.50 to $7.00 and gave the company an "overweight" rating in a research report on Tuesday, November 11th. Wall Street Zen raised Grab from a "sell" rating to a "hold" rating in a research note on Friday, January 23rd. Sanford C. Bernstein reissued an "outperform" rating and set a $5.80 price objective on shares of Grab in a research report on Monday, January 26th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Grab in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $6.47.

Grab Company Profile

Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing "super app" across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.

Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.

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