Full Truck Alliance Co. Ltd. Sponsored ADR $YMM Shares Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA raised its position in shares of Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 50.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 296,646 shares of the company’s stock after buying an additional 99,960 shares during the period. Union Bancaire Privee UBP SA’s holdings in Full Truck Alliance were worth $2,462,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Rockefeller Capital Management L.P. acquired a new position in Full Truck Alliance during the 4th quarter worth about $39,000. Caitong International Asset Management Co. Ltd grew its position in Full Truck Alliance by 480.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,826 shares of the company’s stock valued at $73,000 after acquiring an additional 5,651 shares in the last quarter. Invesco Ltd. grew its position in Full Truck Alliance by 7.5% in the 4th quarter. Invesco Ltd. now owns 58,272,671 shares of the company’s stock valued at $625,266,000 after acquiring an additional 4,049,322 shares in the last quarter. Vident Advisory LLC increased its stake in Full Truck Alliance by 11.9% during the fourth quarter. Vident Advisory LLC now owns 56,261 shares of the company’s stock worth $604,000 after purchasing an additional 5,967 shares during the period. Finally, XTX Topco Ltd purchased a new stake in Full Truck Alliance during the fourth quarter worth about $790,000. 39.02% of the stock is owned by institutional investors and hedge funds.

Full Truck Alliance Price Performance

Shares of NYSE YMM opened at $7.71 on Friday. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 13.52, a price-to-earnings-growth ratio of 0.68 and a beta of 0.30. The stock’s 50-day moving average is $8.54 and its two-hundred day moving average is $9.31. Full Truck Alliance Co. Ltd. Sponsored ADR has a 1-year low of $7.45 and a 1-year high of $14.07.

Full Truck Alliance (NYSE:YMM) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.01 earnings per share (EPS) for the quarter. Full Truck Alliance had a return on equity of 10.52% and a net margin of 32.68%.The business had revenue of $456.32 million during the quarter. Equities research analysts anticipate that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.69 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on YMM shares. Morgan Stanley reissued an “overweight” rating on shares of Full Truck Alliance in a research report on Thursday, March 12th. Weiss Ratings downgraded shares of Full Truck Alliance from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Citigroup reaffirmed a “buy” rating on shares of Full Truck Alliance in a research note on Monday, April 20th. JPMorgan Chase & Co. upgraded shares of Full Truck Alliance from an “underweight” rating to a “neutral” rating and set a $8.00 target price on the stock in a report on Wednesday, April 1st. Finally, Nomura set a $11.00 price target on shares of Full Truck Alliance in a research report on Monday, June 15th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $10.79.

About Full Truck Alliance

Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.