International Assets Investment Management LLC Has $58,000 Holdings in NIO Inc. $NIO

Key Points

• International Assets Investment Management LLC reduced its stake in NIO Inc. by 81.5%, owning only 16,890 shares valued at $58,000 after selling 74,590 shares in the second quarter.
• Several institutional investors significantly increased their holdings in NIO, with UBS AM boosting its stake by 3,966.7% to over 5.3 million shares worth $20.3 million.
• Analysts have mixed ratings for NIO, with a majority rating it as a "Hold"; the average target price has been set at $6.35.

International Assets Investment Management LLC lessened its stake in NIO Inc. (NYSE:NIO - Free Report) by 81.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,890 shares of the company's stock after selling 74,590 shares during the quarter. International Assets Investment Management LLC's holdings in NIO were worth $58,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NIO. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in NIO by 3,966.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,316,291 shares of the company's stock valued at $20,255,000 after purchasing an additional 5,185,565 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in NIO in the second quarter valued at about $12,315,000. Vontobel Holding Ltd. raised its stake in NIO by 125.2% in the second quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company's stock valued at $3,754,000 after purchasing an additional 608,377 shares in the last quarter. Hsbc Holdings PLC raised its stake in NIO by 96.6% in the first quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company's stock valued at $3,964,000 after purchasing an additional 510,610 shares in the last quarter. Finally, Trilogy Capital Inc. raised its stake in NIO by 1,307.5% in the first quarter. Trilogy Capital Inc. now owns 144,356 shares of the company's stock valued at $550,000 after purchasing an additional 134,100 shares in the last quarter. Institutional investors and hedge funds own 48.55% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on NIO. Morgan Stanley reaffirmed a "buy" rating on shares of NIO in a research note on Monday, July 14th. JPMorgan Chase & Co. raised NIO from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $4.80 to $8.00 in a research note on Tuesday, August 26th. Citigroup boosted their target price on NIO from $8.10 to $8.60 and gave the stock a "buy" rating in a research note on Tuesday, September 23rd. Wall Street Zen raised NIO from a "strong sell" rating to a "hold" rating in a research note on Monday, September 8th. Finally, UBS Group raised NIO from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $6.20 to $8.50 in a research note on Tuesday, September 16th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, NIO currently has an average rating of "Hold" and an average target price of $6.35.

NIO Trading Up 0.3%

NYSE:NIO opened at $6.91 on Friday. The stock has a market cap of $14.42 billion, a P/E ratio of -4.32 and a beta of 1.30. The stock's 50-day moving average is $6.72 and its 200-day moving average is $4.90. NIO Inc. has a 1-year low of $3.02 and a 1-year high of $8.02.

NIO (NYSE:NIO - Get Free Report) last released its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.02). The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $20.07 billion. NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The business's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the firm posted ($2.21) earnings per share. NIO has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that NIO Inc. will post -1.43 EPS for the current year.

About NIO

NIO Inc designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

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