Point72 Hong Kong Ltd Has $1.32 Million Stock Position in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)

Point72 Hong Kong Ltd lowered its holdings in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) by 96.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund 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.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of 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. China Universal Asset Management Co. Ltd. acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth approximately $341,000. Renaissance Capital LLC grew its holdings in shares of ZEEKR Intelligent Technology by 119.0% during the 4th quarter. Renaissance Capital LLC now owns 49,697 shares of the company’s stock worth $1,410,000 after purchasing an additional 27,001 shares in the last quarter. Central Asset Investments & Management Holdings HK Ltd acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth approximately $383,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth approximately $910,000.

ZEEKR Intelligent Technology Trading Up 0.2%

Shares of NYSE:ZK opened at $28.85 on Friday. ZEEKR Intelligent Technology Holding Limited has a 1-year low of $13.00 and a 1-year high of $33.32. The firm has a market capitalization of $7.33 billion and a PE ratio of -7.36. The business’s 50 day moving average is $23.90 and its 200-day moving average is $25.36.

ZEEKR Intelligent Technology (NYSE:ZK) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.39) earnings per share for the quarter. On average, sell-side analysts predict that ZEEKR Intelligent Technology Holding Limited will post -1.76 EPS for the current year.

ZEEKR Intelligent Technology Company Profile

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.