Robeco Institutional Asset Management B.V. Acquires Shares of 16,507 ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK)

Robeco Institutional Asset Management B.V. acquired a new position in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 16,507 shares of the company's stock, valued at approximately $398,000.

Other hedge funds have also recently bought and sold shares of the company. FMR LLC acquired a new position in ZEEKR Intelligent Technology during the 4th quarter worth $106,036,000. Intel Corp acquired a new position in ZEEKR Intelligent Technology during the 4th quarter worth $71,785,000. Vanguard Group Inc. acquired a new position in ZEEKR Intelligent Technology during the 4th quarter worth $22,125,000. Renaissance Technologies LLC lifted its position in ZEEKR Intelligent Technology by 90.8% during the 4th quarter. Renaissance Technologies LLC now owns 505,000 shares of the company's stock worth $14,332,000 after acquiring an additional 240,300 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in ZEEKR Intelligent Technology in the 4th quarter valued at approximately $1,822,000.

ZEEKR Intelligent Technology Stock Up 0.6%

ZK traded up $0.15 during trading on Friday, hitting $25.89. The company's stock had a trading volume of 104,175 shares, compared to its average volume of 773,681. The firm's 50 day moving average price is $26.27 and its two-hundred day moving average price is $25.78. ZEEKR Intelligent Technology Holding Limited Unsponsored ADR has a 12 month low of $13.00 and a 12 month high of $33.32. The stock has a market capitalization of $6.58 billion, a price-to-earnings ratio of -8.90 and a beta of 0.03.

ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.39) earnings per share for the quarter, topping analysts' consensus estimates of ($5.08) by $4.69. The firm had revenue of $3.03 billion for the quarter. On average, sell-side analysts forecast that ZEEKR Intelligent Technology Holding Limited Unsponsored ADR will post -1.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Macquarie reduced their price target on shares of ZEEKR Intelligent Technology from $47.00 to $38.00 and set an "outperform" rating for the company in a report on Wednesday, May 28th.

ZEEKR Intelligent Technology Profile

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.