Westwood Holdings Group Inc. lessened its position in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) by 67.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 26,194 shares of the company's stock after selling 54,423 shares during the period. Westwood Holdings Group Inc.'s holdings in ZEEKR Intelligent Technology were worth $743,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Barclays PLC lifted its holdings in shares of ZEEKR Intelligent Technology by 28.5% in the third quarter. Barclays PLC now owns 9,456 shares of the company's stock valued at $211,000 after purchasing an additional 2,097 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter worth $86,000. JPMorgan Chase & Co. purchased a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter valued at about $145,000. Envestnet Asset Management Inc. purchased a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter valued at about $202,000. Finally, Wells Fargo & Company MN bought a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at about $217,000.
ZEEKR Intelligent Technology Stock Down 0.4%
ZK stock traded down $0.13 during trading on Monday, reaching $29.27. The stock had a trading volume of 565,060 shares, compared to its average volume of 782,984. The company has a market capitalization of $7.44 billion and a price-to-earnings ratio of -10.06. ZEEKR Intelligent Technology Holding Limited has a one year low of $13.00 and a one year high of $33.32. The company's 50 day moving average is $23.72 and its two-hundred day moving average is $25.50.
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 (EPS) for the quarter, beating the consensus estimate of ($5.08) by $4.69. The business had revenue of $3.03 billion during the quarter. As a group, research analysts predict that ZEEKR Intelligent Technology Holding Limited will post -1.76 earnings per share for the current fiscal year.
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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