Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Receives Average Recommendation of “Moderate Buy” from Brokerages

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $17.15.

A number of brokerages have recently issued reports on KC. Jefferies Financial Group reissued a “buy” rating on shares of Kingsoft Cloud in a research report on Wednesday, August 19th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Friday, July 17th. Bank of America reissued a “buy” rating on shares of Kingsoft Cloud in a report on Wednesday, August 19th. Finally, Morgan Stanley started coverage on shares of Kingsoft Cloud in a research report on Tuesday, July 7th. They set an “overweight” rating and a $15.00 target price on the stock.

Kingsoft Cloud Stock Performance

Shares of NASDAQ KC opened at $10.24 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of -36.57 and a beta of 1.99. The stock’s fifty day moving average price is $10.45 and its two-hundred day moving average price is $12.73. Kingsoft Cloud has a one year low of $8.35 and a one year high of $18.52.

Insider Transactions at Kingsoft Cloud

In related news, CEO Tao Zou sold 300,000 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $0.64, for a total transaction of $192,000.00. Following the sale, the chief executive officer owned 1,700,000 shares in the company, valued at approximately $1,088,000. This trade represents a 15.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 14.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in KC. Artisan Partners Limited Partnership boosted its holdings in shares of Kingsoft Cloud by 16.4% in the 4th quarter. Artisan Partners Limited Partnership now owns 4,016,945 shares of the company’s stock valued at $41,535,000 after purchasing an additional 564,907 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of Kingsoft Cloud during the 1st quarter worth $9,456,000. Defiance ETFs LLC acquired a new position in shares of Kingsoft Cloud during the 4th quarter worth $6,463,000. Maxi Investments CY Ltd bought a new stake in shares of Kingsoft Cloud during the 4th quarter worth $5,980,000. Finally, LMR Partners LLP lifted its position in shares of Kingsoft Cloud by 1,114.5% during the 2nd quarter. LMR Partners LLP now owns 518,200 shares of the company’s stock worth $6,488,000 after buying an additional 475,533 shares during the last quarter. 13.40% of the stock is currently owned by institutional investors and hedge funds.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.