Autohome (NYSE:ATHM) CFO Sells $49,281.64 in Stock

Autohome Inc. (NYSE:ATHM) CFO Craig Yan Zeng sold 9,316 shares of Autohome stock in a transaction dated 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 $849,700.96. This represents a 5.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Autohome Price Performance

Shares of Autohome stock opened at $20.56 on Friday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of 17.73 and a beta of 0.27. The stock’s 50-day moving average is $22.03 and its 200-day moving average is $19.70. Autohome Inc. has a one year low of $15.57 and a one year high of $29.07.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ATHM shares. Weiss Ratings upgraded Autohome from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, September 22nd. Zacks Research raised shares of Autohome from a “strong sell” rating to a “hold” rating in a research note on Friday, August 7th. Bank of America lowered shares of Autohome from a “neutral” rating to an “underperform” rating and set a $19.00 price objective on the stock. in a research report on Tuesday, August 18th. Finally, Wall Street Zen upgraded shares of Autohome from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $17.77.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ATHM. BNP Paribas Financial Markets increased its position in shares of Autohome by 13.4% during the 4th quarter. BNP Paribas Financial Markets now owns 362,660 shares of the information services provider’s stock worth $8,073,000 after purchasing an additional 42,746 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Autohome by 19.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 370,108 shares of the information services provider’s stock valued at $6,424,000 after buying an additional 60,511 shares during the last quarter. Bank of America Corp DE increased its holdings in Autohome by 159.7% during the first quarter. Bank of America Corp DE now owns 364,818 shares of the information services provider’s stock worth $6,337,000 after buying an additional 224,318 shares during the last quarter. First Trust Advisors LP bought a new stake in Autohome during the first quarter worth $5,714,000. Finally, ABN Amro Investment Solutions raised its position in Autohome by 47.6% during the first quarter. ABN Amro Investment Solutions now owns 308,171 shares of the information services provider’s stock worth $5,353,000 after acquiring an additional 99,422 shares in the last quarter. 63.08% of the stock is owned by institutional investors and hedge funds.

Autohome Company Profile

Autohome Inc (NYSE: ATHM) operates an online platform serving automobile consumers and industry participants in China. The company provides automotive news, reviews, buying guides, videos and other user-generated or professionally produced content designed to help consumers research vehicles and make purchasing decisions.

Through its websites and mobile applications, including Autohome and Che168, the company offers vehicle search and comparison tools, pricing information, listings for new and used vehicles, dealer information and online communities.