KLP Kapitalforvaltning AS Buys 13,200 Shares of PDD Holdings Inc. Sponsored ADR $PDD

Key Points

• KLP Kapitalforvaltning AS increased its stake in PDD by 7.8% in Q4, buying 13,200 shares to hold 181,400 shares valued at $20,569,000 according to its latest 13F filing.
• Institutional ownership is 39.83%; PDD trades near $97.77 with a market cap of $136.11 billion and a one‑year range of $95.24–$139.41, while several other funds made modest stake increases.
• Analyst sentiment is mixed — MarketBeat shows a consensus "Hold" (six Buys vs. nine Holds) with a $139.67 consensus price target, though some firms (Arete, Nomura) upgraded to Buy and Wall Street Zen downgraded to Hold.

KLP Kapitalforvaltning AS increased its stake in PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD - Free Report) by 7.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 181,400 shares of the company's stock after acquiring an additional 13,200 shares during the period. KLP Kapitalforvaltning AS's holdings in PDD were worth $20,569,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Advisory Services Network LLC lifted its stake in shares of PDD by 0.7% in the 3rd quarter. Advisory Services Network LLC now owns 15,458 shares of the company's stock valued at $2,043,000 after acquiring an additional 102 shares during the last quarter. West Family Investments Inc. lifted its stake in shares of PDD by 2.8% in the 3rd quarter. West Family Investments Inc. now owns 4,026 shares of the company's stock valued at $532,000 after acquiring an additional 110 shares during the last quarter. Range Financial Group LLC lifted its stake in shares of PDD by 3.4% in the 3rd quarter. Range Financial Group LLC now owns 3,489 shares of the company's stock valued at $461,000 after acquiring an additional 116 shares during the last quarter. Savant Capital LLC lifted its stake in shares of PDD by 5.2% in the 3rd quarter. Savant Capital LLC now owns 3,079 shares of the company's stock valued at $407,000 after acquiring an additional 151 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of PDD by 10.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,832 shares of the company's stock valued at $242,000 after acquiring an additional 170 shares during the last quarter. Institutional investors own 39.83% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on PDD shares. Wall Street Zen lowered PDD from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Arete Research raised PDD from a "neutral" rating to a "buy" rating and set a $121.00 price target for the company in a research report on Friday, April 17th. Morgan Stanley set a $148.00 price target on PDD in a research report on Thursday, January 15th. Nomura raised PDD from a "neutral" rating to a "buy" rating and set a $136.00 price target for the company in a research report on Friday, March 27th. Finally, Citigroup reaffirmed a "neutral" rating on shares of PDD in a research report on Wednesday, January 28th. Six investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $139.67.

PDD Price Performance

PDD opened at $97.77 on Friday. The business has a 50 day simple moving average of $101.73 and a two-hundred day simple moving average of $112.69. The firm has a market capitalization of $136.11 billion, a price-to-earnings ratio of 10.40, a PEG ratio of 0.94 and a beta of 0.07. PDD Holdings Inc. Sponsored ADR has a one year low of $95.24 and a one year high of $139.41.

PDD Company Profile

PDD NASDAQ: PDD is the holding company best known for operating Pinduoduo, a China-based, mobile-first e-commerce platform that emphasizes interactive, social shopping and group-buying mechanics to drive user engagement and low prices. Founded in 2015 by entrepreneur Colin Huang, the business has grown by connecting consumers directly with merchants and manufacturers, with particular emphasis on value-oriented goods and fresh agricultural produce. The company is based in Shanghai and completed a U.S.

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