GSA Capital Partners LLP Buys 168,926 Shares of HUYA Inc. (NYSE:HUYA)

GSA Capital Partners LLP increased its stake in HUYA Inc. (NYSE:HUYA - Free Report) by 71.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 406,612 shares of the company's stock after purchasing an additional 168,926 shares during the quarter. GSA Capital Partners LLP owned approximately 0.17% of HUYA worth $2,074,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HUYA. Bayesian Capital Management LP boosted its position in HUYA by 22.0% in the 1st quarter. Bayesian Capital Management LP now owns 19,374 shares of the company's stock valued at $88,000 after buying an additional 3,500 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in HUYA by 8.7% during the first quarter. BNP Paribas Financial Markets now owns 108,506 shares of the company's stock worth $494,000 after buying an additional 8,680 shares during the last quarter. Smith Anglin Financial LLC bought a new position in shares of HUYA during the third quarter worth $73,000. Dimensional Fund Advisors LP grew its position in HUYA by 2.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,066,613 shares of the company's stock valued at $4,209,000 after purchasing an additional 21,338 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in HUYA during the 1st quarter worth approximately $222,000. Institutional investors and hedge funds own 23.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Bank of America cut HUYA from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $5.80 to $4.00 in a research report on Wednesday, November 6th. Citigroup raised shares of HUYA from a "sell" rating to a "buy" rating and raised their target price for the company from $2.40 to $6.00 in a report on Wednesday, August 14th. Hsbc Global Res downgraded shares of HUYA from a "strong-buy" rating to a "hold" rating in a report on Friday, October 11th. Finally, HSBC restated a "hold" rating and set a $4.70 price objective on shares of HUYA in a research report on Friday, October 11th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $5.93.

HUYA Price Performance

Shares of NYSE:HUYA traded up $0.02 during mid-day trading on Wednesday, reaching $3.05. 1,546,401 shares of the company's stock were exchanged, compared to its average volume of 1,569,121. HUYA Inc. has a twelve month low of $2.92 and a twelve month high of $6.84. The business's fifty day moving average price is $4.11 and its 200-day moving average price is $4.38.

HUYA (NYSE:HUYA - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.30. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. HUYA had a positive return on equity of 0.29% and a negative net margin of 2.51%. The firm's revenue was down 7.6% compared to the same quarter last year. During the same period last year, the company earned $0.05 earnings per share. Sell-side analysts predict that HUYA Inc. will post 0.16 earnings per share for the current year.

About HUYA

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.