Virtu Financial LLC Takes $296,000 Position in Li Auto Inc. Sponsored ADR $LI

Key Points

• Virtu Financial LLC has acquired a new stake in Li Auto Inc., purchasing 11,750 shares valued at approximately $296,000.
• Analysts have a mixed outlook on Li Auto, with a majority rating it as a "hold" and a price target range suggesting slight decline from current levels.
• Li Auto's recent quarterly earnings report showed a revenue increase of 1.1% year-over-year, despite missing the consensus EPS estimate.

Virtu Financial LLC purchased a new position in shares of Li Auto Inc. Sponsored ADR (NASDAQ:LI - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,750 shares of the company's stock, valued at approximately $296,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in LI. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Li Auto by 459.3% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,923,620 shares of the company's stock valued at $426,475,000 after acquiring an additional 13,897,555 shares in the last quarter. LMR Partners LLP purchased a new stake in shares of Li Auto during the 4th quarter valued at about $16,266,000. SIH Partners LLLP grew its stake in shares of Li Auto by 4.2% during the 4th quarter. SIH Partners LLLP now owns 501,730 shares of the company's stock valued at $12,037,000 after acquiring an additional 20,450 shares during the period. Northern Trust Corp boosted its stake in Li Auto by 38.0% in the 4th quarter. Northern Trust Corp now owns 488,151 shares of the company's stock worth $11,711,000 after purchasing an additional 134,301 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Li Auto by 2.5% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 418,992 shares of the company's stock worth $10,559,000 after purchasing an additional 10,351 shares during the period. Institutional investors own 9.88% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. JPMorgan Chase & Co. restated a "neutral" rating and set a $28.00 price target (down previously from $33.00) on shares of Li Auto in a report on Thursday, August 14th. BNP Paribas Exane began coverage on Li Auto in a research note on Monday. They set an "underperform" rating and a $18.00 price target on the stock. BNP Paribas began coverage on Li Auto in a research report on Monday. They set an "underperform" rating on the stock. Sanford C. Bernstein set a $26.00 price objective on Li Auto and gave the company a "market perform" rating in a research report on Tuesday. Finally, Cfra Research raised Li Auto from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 10th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $28.64.

Li Auto Trading Down 1.0%

NASDAQ:LI traded down $0.23 during trading hours on Tuesday, hitting $23.82. The company had a trading volume of 4,153,089 shares, compared to its average volume of 5,413,371. Li Auto Inc. Sponsored ADR has a 1 year low of $17.44 and a 1 year high of $33.12. The company has a 50-day moving average of $27.25 and a 200 day moving average of $26.64. The company has a market cap of $24.94 billion, a P/E ratio of 22.69, a P/E/G ratio of 1.37 and a beta of 0.94. The company has a current ratio of 1.87, a quick ratio of 1.72 and a debt-to-equity ratio of 0.12.

Li Auto (NASDAQ:LI - Get Free Report) last posted its earnings results on Thursday, May 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). Li Auto had a return on equity of 11.83% and a net margin of 5.60%.The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same period in the previous year, the company posted $1.21 EPS. Li Auto's revenue was up 1.1% on a year-over-year basis. Li Auto has set its Q2 2025 guidance at EPS. Sell-side analysts expect that Li Auto Inc. Sponsored ADR will post 0.96 earnings per share for the current year.

Li Auto Profile

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.