Shares of Autohome Inc. (NYSE:ATHM - Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $20.08 and traded as low as $19.77. Autohome shares last traded at $19.95, with a volume of 389,944 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. Wall Street Zen upgraded Autohome from a "sell" rating to a "hold" rating in a research note on Saturday, August 22nd. Weiss Ratings upgraded Autohome from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, September 22nd. Jefferies Financial Group reiterated a "buy" rating and set a $26.50 target price on shares of Autohome in a research report on Wednesday, October 14th. Zacks Research raised Autohome from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 13th. Finally, Bank of America cut Autohome from a "neutral" rating to an "underperform" rating and set a $19.00 price target on the stock. in a research report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Autohome has a consensus rating of "Hold" and an average price target of $19.95.
Read Our Latest Report on ATHM
Autohome Stock Performance
The stock's fifty day moving average price is $21.08 and its two-hundred day moving average price is $20.08. The company has a market cap of $2.30 billion, a P/E ratio of 17.20 and a beta of 0.27.
Insider Buying and Selling at Autohome
In other Autohome news, Director Quan Long sold 34,400 shares of the company's stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $5.29, for a total transaction of $181,976.00. Following the completion of the sale, the director directly owned 175,984 shares in the company, valued at $930,955.36. This represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Craig Yan Zeng sold 9,316 shares of the firm's stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total value of $49,281.64. Following the completion of the sale, the chief financial officer directly owned 160,624 shares in the company, valued at approximately $849,700.96. This represents a 5.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 49,304 shares of company stock worth $260,818 over the last three months. Corporate insiders own 5.70% of the company's stock.
Institutional Trading of Autohome
Several large investors have recently bought and sold shares of ATHM. Assenagon Asset Management S.A. acquired a new stake in shares of Autohome in the 3rd quarter valued at approximately $12,420,000. First Trust Advisors LP bought a new stake in shares of Autohome during the 1st quarter valued at approximately $5,714,000. Public Employees Retirement System of Ohio acquired a new position in Autohome during the 2nd quarter worth approximately $5,293,000. Bank of America Corp DE increased its position in Autohome by 159.7% during the 1st quarter. Bank of America Corp DE now owns 364,818 shares of the information services provider's stock worth $6,337,000 after purchasing an additional 224,318 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new position in Autohome during the 1st quarter worth approximately $2,418,000. 63.08% of the stock is owned by institutional investors and hedge funds.
About Autohome
(
Get Free Report)
Autohome Inc NYSE: ATHM operates an online automotive platform serving consumers, automobile manufacturers, dealers and other industry participants primarily in China. Through its websites and mobile applications, the company provides information and digital tools to help users research vehicles, compare models, read reviews, explore pricing and connect with sellers.
The company's services include automotive news and editorial content, vehicle specifications, user-generated discussions, professional evaluations, sales-lead generation and online marketing solutions.
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