43,811 Shares in Xunlei Limited $XNET Purchased by Invesco Ltd.

Key Points

• Invesco Ltd. has acquired 43,811 shares of Xunlei Limited valued at approximately $197,000, representing about 0.07% ownership of the company.
• XTX Topco Ltd also invested in Xunlei during the same quarter, purchasing shares worth around $98,000.
• Xunlei's stock fell by 2.1%, with a current trading price of $7.49 and a market capitalization of $468.57 million.

Invesco Ltd. purchased a new stake in shares of Xunlei Limited (NASDAQ:XNET - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,811 shares of the software maker's stock, valued at approximately $197,000. Invesco Ltd. owned 0.07% of Xunlei at the end of the most recent reporting period.

Separately, XTX Topco Ltd acquired a new position in Xunlei in the 1st quarter valued at approximately $98,000. 5.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Xunlei from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th.

Xunlei Stock Performance

Xunlei stock traded up $0.04 during mid-day trading on Friday, reaching $7.55. The company had a trading volume of 734,771 shares, compared to its average volume of 1,856,103. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.04. Xunlei Limited has a 52 week low of $1.51 and a 52 week high of $8.80. The company has a 50 day moving average of $5.78 and a 200-day moving average of $4.99. The firm has a market cap of $472.33 million, a price-to-earnings ratio of 0.66 and a beta of 0.97.

Xunlei (NASDAQ:XNET - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The software maker reported $0.12 earnings per share for the quarter. Xunlei had a net margin of 202.62% and a return on equity of 4.50%. The firm had revenue of $103.54 million during the quarter. Xunlei has set its Q3 2025 guidance at EPS.

About Xunlei

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.