Asset Management One Co. Ltd. decreased its stake in HUYA Inc. (NYSE:HUYA - Free Report) by 91.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,301 shares of the company's stock after selling 158,470 shares during the period. Asset Management One Co. Ltd.'s holdings in HUYA were worth $44,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of HUYA. WCM Investment Management LLC grew its position in HUYA by 4,396.5% in the 4th quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company's stock valued at $8,505,000 after purchasing an additional 2,790,696 shares during the period. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of HUYA in the fourth quarter valued at $371,000. Smith Anglin Financial LLC boosted its position in shares of HUYA by 27.9% in the fourth quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company's stock valued at $56,000 after acquiring an additional 4,002 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of HUYA during the 3rd quarter valued at $711,000. Finally, Main Management ETF Advisors LLC bought a new position in HUYA in the 3rd quarter worth about $1,017,000. 23.20% of the stock is currently owned by institutional investors.
HUYA Price Performance
Shares of NYSE:HUYA traded up $0.09 on Tuesday, hitting $3.76. 1,695,781 shares of the company's stock were exchanged, compared to its average volume of 1,348,927. The stock has a market capitalization of $850.03 million, a price-to-earnings ratio of -41.72 and a beta of 0.63. The business's 50 day simple moving average is $3.39 and its two-hundred day simple moving average is $3.71. HUYA Inc. has a 12 month low of $2.82 and a 12 month high of $6.84.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Bank of America cut shares of HUYA from a "buy" rating to a "neutral" rating and cut their price objective for the company from $5.80 to $4.00 in a research note on Wednesday, November 6th. Citigroup cut their price target on shares of HUYA from $5.90 to $5.00 and set a "buy" rating on the stock in a report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $5.68.
Read Our Latest Report on HUYA
About HUYA
(
Free Report)
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.
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