Optiver Holding B.V. Acquires New Shares in XPeng Inc. (NYSE:XPEV)

Optiver Holding B.V. purchased a new position in XPeng Inc. (NYSE:XPEV - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 97,500 shares of the company's stock, valued at approximately $1,157,000.

A number of other large investors have also recently made changes to their positions in XPEV. Virtu Financial LLC bought a new stake in XPeng during the 3rd quarter worth approximately $915,000. TMT General Partner Ltd bought a new position in shares of XPeng in the fourth quarter worth $205,501,000. Ballentine Partners LLC raised its position in shares of XPeng by 23.4% in the fourth quarter. Ballentine Partners LLC now owns 21,647 shares of the company's stock worth $256,000 after buying an additional 4,105 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in XPeng by 44.9% during the fourth quarter. Atomi Financial Group Inc. now owns 15,346 shares of the company's stock valued at $181,000 after buying an additional 4,758 shares during the period. Finally, Avior Wealth Management LLC grew its position in XPeng by 1,215.2% during the fourth quarter. Avior Wealth Management LLC now owns 2,775 shares of the company's stock worth $33,000 after buying an additional 2,564 shares in the last quarter. 21.09% of the stock is owned by institutional investors.

XPeng Stock Performance

Shares of XPEV stock opened at $20.08 on Monday. The company has a market capitalization of $19.06 billion, a P/E ratio of -23.08 and a beta of 2.62. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.18 and a current ratio of 1.37. The stock has a 50 day moving average price of $20.54 and a two-hundred day moving average price of $15.73. XPeng Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $27.16.

XPeng (NYSE:XPEV - Get Free Report) last posted its earnings results on Tuesday, March 18th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.36) by $1.17. XPeng had a negative return on equity of 16.92% and a negative net margin of 15.35%. The firm had revenue of $2.21 billion for the quarter, compared to analysts' expectations of $16.11 billion. Analysts expect that XPeng Inc. will post -0.96 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on XPEV shares. Daiwa America downgraded XPeng from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 19th. UBS Group raised shares of XPeng from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $8.80 to $18.00 in a research note on Monday, February 24th. JPMorgan Chase & Co. decreased their price target on shares of XPeng from $35.00 to $31.00 and set an "overweight" rating on the stock in a report on Wednesday, March 19th. Citigroup raised shares of XPeng from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $13.70 to $29.00 in a report on Monday, March 10th. Finally, Nomura Securities raised XPeng to a "strong-buy" rating in a research note on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, XPeng currently has a consensus rating of "Hold" and a consensus target price of $22.20.

XPeng Profile

XPeng Inc designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.

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