Vontobel Holding Ltd. acquired a new position in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,153 shares of the company's stock, valued at approximately $269,000.
Other institutional investors have also added to or reduced their stakes in the company. FMR LLC purchased a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter worth $106,036,000. Intel Corp purchased a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter worth $71,785,000. Vanguard Group Inc. purchased a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter worth $22,125,000. Renaissance Technologies LLC grew its stake in shares of ZEEKR Intelligent Technology by 90.8% in the fourth 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 purchased a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter worth $1,822,000.
ZEEKR Intelligent Technology Trading Up 1.2%
Shares of ZEEKR Intelligent Technology stock traded up $0.33 during trading on Friday, hitting $27.47. 255,649 shares of the company's stock traded hands, compared to its average volume of 770,944. ZEEKR Intelligent Technology Holding Limited Unsponsored ADR has a 1 year low of $13.00 and a 1 year high of $33.32. The business has a 50-day simple moving average of $26.75 and a 200-day simple moving average of $25.72.
ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($5.08) by $4.69. The business had revenue of $3.03 billion for the quarter. On average, sell-side analysts predict that ZEEKR Intelligent Technology Holding Limited Unsponsored ADR will post -1.76 EPS for the current year.
Wall Street Analyst Weigh In
Separately, Macquarie dropped their price objective on ZEEKR Intelligent Technology from $47.00 to $38.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 28th.
View Our Latest Stock Report on ZK
About ZEEKR Intelligent Technology
(
Free Report)
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.
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