Renaissance Technologies LLC Increases Stock Holdings in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)

Renaissance Technologies LLC lifted its position in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) by 90.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 505,000 shares of the company's stock after purchasing an additional 240,300 shares during the quarter. Renaissance Technologies LLC owned about 0.20% of ZEEKR Intelligent Technology worth $14,332,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC raised its stake 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 valued at $211,000 after buying an additional 2,097 shares during the last quarter. Green Alpha Advisors LLC boosted its position in ZEEKR Intelligent Technology by 55.4% in the 4th quarter. Green Alpha Advisors LLC now owns 15,283 shares of the company's stock worth $434,000 after purchasing an additional 5,447 shares in the last quarter. China Universal Asset Management Co. Ltd. purchased a new position in shares of ZEEKR Intelligent Technology during the 4th quarter valued at approximately $341,000. Renaissance Capital LLC lifted its stake in shares of ZEEKR Intelligent Technology by 119.0% in the 4th quarter. Renaissance Capital LLC now owns 49,697 shares of the company's stock valued at $1,410,000 after purchasing an additional 27,001 shares during the period. Finally, Central Asset Investments & Management Holdings HK Ltd purchased a new stake in ZEEKR Intelligent Technology during the fourth quarter worth $383,000.

ZEEKR Intelligent Technology Stock Down 0.5 %

Shares of ZK stock traded down $0.10 during mid-day trading on Friday, hitting $18.98. 391,664 shares of the stock were exchanged, compared to its average volume of 836,589. The firm has a fifty day moving average of $24.87 and a 200 day moving average of $25.46. The company has a market cap of $4.82 billion and a PE ratio of -4.84. ZEEKR Intelligent Technology Holding Limited has a 52-week low of $13.00 and a 52-week high of $33.32.

About ZEEKR Intelligent Technology

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.