China Universal Asset Management Co. Ltd. purchased a new position in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,000 shares of the company's stock, valued at approximately $341,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Barclays PLC lifted its holdings in shares of ZEEKR Intelligent Technology by 28.5% in the third quarter. Barclays PLC now owns 9,456 shares of the company's stock worth $211,000 after buying an additional 2,097 shares in the last quarter. Renaissance Capital LLC grew its position in shares of ZEEKR Intelligent Technology by 20.0% during the 3rd quarter. Renaissance Capital LLC now owns 22,696 shares of the company's stock valued at $506,000 after purchasing an additional 3,789 shares in the last quarter. Green Alpha Advisors LLC grew its position in shares of ZEEKR Intelligent Technology by 55.4% during the 4th quarter. Green Alpha Advisors LLC now owns 15,283 shares of the company's stock valued at $434,000 after purchasing an additional 5,447 shares in the last quarter. HITE Hedge Asset Management LLC increased its holdings in shares of ZEEKR Intelligent Technology by 52.4% in the third quarter. HITE Hedge Asset Management LLC now owns 48,202 shares of the company's stock worth $1,074,000 after purchasing an additional 16,564 shares during the period. Finally, Marshall Wace LLP purchased a new position in ZEEKR Intelligent Technology during the second quarter worth about $347,000.
Analyst Ratings Changes
Separately, CICC Research started coverage on ZEEKR Intelligent Technology in a report on Friday, October 25th. They issued an "outperform" rating and a $31.74 price objective on the stock. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $32.02.
Check Out Our Latest Report on ZEEKR Intelligent Technology
ZEEKR Intelligent Technology Stock Performance
ZEEKR Intelligent Technology stock traded up $1.81 on Thursday, hitting $26.95. 1,037,840 shares of the stock traded hands, compared to its average volume of 463,256. The business's fifty day simple moving average is $26.95 and its 200 day simple moving average is $22.45. ZEEKR Intelligent Technology Holding Limited has a 1 year low of $13.00 and a 1 year high of $32.76.
ZEEKR Intelligent Technology Profile
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Free Report)
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.
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