HUYA Inc. Sponsored ADR (NYSE:HUYA) Shares Purchased by Headlands Technologies LLC

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 raised its position in HUYA Inc. Sponsored ADR (NYSE:HUYA - Free Report) by 16,738.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 140,937 shares of the company's stock after acquiring an additional 140,100 shares during the period. Headlands Technologies LLC owned approximately 0.06% of HUYA worth $452,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Two Sigma Securities LLC purchased a new position in HUYA in the 4th quarter worth $43,000. Sei Investments Co. acquired a new position in HUYA during the fourth quarter valued at $94,000. Y Intercept Hong Kong Ltd acquired a new position in HUYA during the first quarter valued at $110,000. Jump Financial LLC acquired a new position in HUYA during the fourth quarter valued at $129,000. Finally, XTX Topco Ltd acquired a new position in HUYA during the first quarter valued at $263,000. 23.20% of the stock is currently owned by institutional investors and hedge funds.

HUYA Stock Performance

NYSE HUYA traded up $0.15 on Tuesday, reaching $3.46. 2,922,610 shares of the company's stock traded hands, compared to its average volume of 2,051,473. The firm has a market cap of $779.30 million, a price-to-earnings ratio of -49.42 and a beta of 0.82. The stock has a 50 day moving average price of $3.41 and a 200-day moving average price of $3.55. HUYA Inc. Sponsored ADR has a fifty-two week low of $2.21 and a fifty-two week high of $6.43.

HUYA (NYSE:HUYA - Get Free Report) last posted 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. HUYA had a positive return on equity of 1.82% and a negative net margin of 1.90%. The firm had revenue of $207.20 million for the quarter, compared to analysts' expectations of $1.37 billion. During the same period last year, the firm earned $0.39 EPS. The company's quarterly revenue was up .3% on a year-over-year basis. As a group, equities research analysts anticipate that HUYA Inc. Sponsored ADR will post 0.16 EPS for the current fiscal year.

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.