Headlands Technologies LLC Buys 140,100 Shares of HUYA Inc. Sponsored ADR (NYSE:HUYA)

Key Points

• Headlands Technologies LLC significantly increased its holdings in HUYA Inc. by 16,738.4%, acquiring a total of 140,937 shares during the first quarter, now valued at $452,000.
• HUYA reported a quarterly EPS of $0.01, exceeding analysts' expectations despite a revenue of $207.20 million which was below the consensus estimate of $1.37 billion.
• The company is currently trading at $3.21 with a market cap of approximately $722.99 million, and has a 52-week range from $2.21 to $6.43.

Headlands Technologies LLC increased its holdings in shares of HUYA Inc. Sponsored ADR (NYSE:HUYA - Free Report) by 16,738.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,937 shares of the company's stock after buying an additional 140,100 shares during the quarter. Headlands Technologies LLC owned 0.06% of HUYA worth $452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of HUYA. Bank of America Corp DE grew its stake in 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. Monolith Management Ltd purchased a new position in HUYA in the fourth quarter valued at about $2,144,000. Caxton Associates LP grew its stake in HUYA by 79.6% in the fourth quarter. Caxton Associates LP now owns 508,296 shares of the company's stock valued at $1,560,000 after purchasing an additional 225,341 shares in the last quarter. BNP Paribas Financial Markets grew its stake in HUYA by 44.7% in the fourth quarter. BNP Paribas Financial Markets now owns 295,933 shares of the company's stock valued at $909,000 after purchasing an additional 91,387 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. grew its stake in HUYA by 10.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 268,482 shares of the company's stock valued at $824,000 after purchasing an additional 25,521 shares in the last quarter. Hedge funds and other institutional investors own 23.20% of the company's stock.

HUYA Trading Up 0.4%

NYSE HUYA traded up $0.02 on Wednesday, reaching $3.48. The stock had a trading volume of 760,181 shares, compared to its average volume of 2,042,886. The business has a 50 day moving average price of $3.40 and a 200 day moving average price of $3.55. HUYA Inc. Sponsored ADR has a 1 year low of $2.21 and a 1 year high of $6.43. The company has a market capitalization of $782.67 million, a price-to-earnings ratio of -49.64 and a beta of 0.82.

HUYA (NYSE:HUYA - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $207.20 million for the quarter, compared to the consensus estimate of $1.37 billion. HUYA had a positive return on equity of 1.82% and a negative net margin of 1.90%. The business's quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. On average, analysts anticipate that HUYA Inc. Sponsored ADR will post 0.16 earnings per share for the current fiscal year.

HUYA Company Profile

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.