Point72 Hong Kong Ltd reduced its position in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) by 96.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,556 shares of the company's stock after selling 1,159,691 shares during the quarter. Point72 Hong Kong Ltd's holdings in ZEEKR Intelligent Technology were worth $1,321,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in ZEEKR Intelligent Technology in the fourth quarter valued at about $86,000. JPMorgan Chase & Co. acquired a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter valued at approximately $145,000. Envestnet Asset Management Inc. bought a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter valued at approximately $202,000. Barclays PLC increased its position in ZEEKR Intelligent Technology by 28.5% during the 3rd quarter. Barclays PLC now owns 9,456 shares of the company's stock worth $211,000 after purchasing an additional 2,097 shares in the last quarter. Finally, Wells Fargo & Company MN bought a new position in ZEEKR Intelligent Technology in the 4th quarter valued at approximately $217,000.
ZEEKR Intelligent Technology Trading Down 2.1%
ZEEKR Intelligent Technology stock traded down $0.63 during mid-day trading on Monday, reaching $28.71. The company had a trading volume of 625,620 shares, compared to its average volume of 784,463. The business has a fifty day simple moving average of $23.83 and a 200 day simple moving average of $25.37. The company has a market cap of $7.30 billion and a P/E ratio of -9.87. ZEEKR Intelligent Technology Holding Limited has a fifty-two week low of $13.00 and a fifty-two week high of $33.32.
ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.39) earnings per share for the quarter, beating the consensus estimate of ($5.08) by $4.69. The firm had revenue of $3.03 billion for the quarter. Research analysts forecast that ZEEKR Intelligent Technology Holding Limited will post -1.76 EPS for the current year.
ZEEKR Intelligent Technology Company Profile
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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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