Y Intercept Hong Kong Ltd purchased a new stake in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 27,127 shares of the company's stock, valued at approximately $605,000.
Several other institutional investors have also modified their holdings of the business. Prudential PLC purchased a new position in shares of ZEEKR Intelligent Technology in the 2nd quarter valued at about $4,194,000. Westwood Holdings Group Inc. purchased a new stake in shares of ZEEKR Intelligent Technology during the 2nd quarter worth approximately $1,288,000. Marshall Wace LLP purchased a new position in shares of ZEEKR Intelligent Technology in the 2nd quarter valued at $347,000. Sandia Investment Management LP acquired a new stake in ZEEKR Intelligent Technology during the 2nd quarter worth $94,000. Finally, Point72 Asset Management L.P. purchased a new stake in ZEEKR Intelligent Technology in the second quarter valued at $20,388,000.
Analysts Set New Price Targets
ZK has been the topic of several research analyst reports. Macquarie assumed coverage on ZEEKR Intelligent Technology in a research report on Thursday, October 3rd. They set an "outperform" rating and a $33.00 price target on the stock. CICC Research initiated coverage on shares of ZEEKR Intelligent Technology in a research note on Friday, October 25th. They set an "outperform" rating and a $31.74 price target for the company. Finally, Bank of America reduced their target price on shares of ZEEKR Intelligent Technology from $30.00 to $26.00 and set a "buy" rating for the company in a report on Thursday, August 22nd. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, ZEEKR Intelligent Technology currently has a consensus rating of "Buy" and a consensus price target of $32.02.
View Our Latest Stock Report on ZEEKR Intelligent Technology
ZEEKR Intelligent Technology Price Performance
ZEEKR Intelligent Technology stock traded down $0.52 during trading on Friday, reaching $27.67. The company had a trading volume of 392,736 shares, compared to its average volume of 890,695. ZEEKR Intelligent Technology Holding Limited has a 12-month low of $13.00 and a 12-month high of $32.24. The stock's 50 day moving average price is $24.67 and its two-hundred day moving average price is $20.79.
ZEEKR Intelligent Technology Profile
(
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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