Westwood Holdings Group Inc. reduced its stake in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) by 67.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of ZEEKR Intelligent Technology by 28.5% during 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 position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at approximately $86,000. JPMorgan Chase & Co. bought a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at approximately $145,000. Envestnet Asset Management Inc. bought a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at approximately $202,000. Finally, Wells Fargo & Company MN bought a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at approximately $217,000.
ZEEKR Intelligent Technology Stock Down 0.4%
Shares of NYSE ZK traded down $0.13 during midday trading on Friday, reaching $29.27. 565,060 shares of the company's stock traded hands, compared to its average volume of 784,291. The stock's 50 day simple moving average is $23.72 and its 200-day simple moving average is $25.49. ZEEKR Intelligent Technology Holding Limited has a one year low of $13.00 and a one year high of $33.32. The company has a market cap of $7.44 billion and a price-to-earnings ratio of -10.06.
ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.39) EPS for the quarter, beating analysts' consensus estimates of ($5.08) by $4.69. The firm had revenue of $3.03 billion for the quarter. Equities analysts predict that ZEEKR Intelligent Technology Holding Limited will post -1.76 EPS for the current fiscal year.
ZEEKR Intelligent Technology Company Profile
(
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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