Aigen Investment Management LP Makes New Investment in EHang Holdings Limited (NASDAQ:EH)

Aigen Investment Management LP bought a new position in shares of EHang Holdings Limited (NASDAQ:EHFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,713 shares of the company’s stock, valued at approximately $180,000.

Other large investors have also modified their holdings of the company. Axim Planning & Wealth raised its stake in shares of EHang by 4.1% during the 4th quarter. Axim Planning & Wealth now owns 3,902,410 shares of the company’s stock worth $65,560,000 after buying an additional 155,494 shares in the last quarter. DNB Asset Management AS purchased a new position in EHang in the 4th quarter valued at approximately $605,000. Vanguard Group Inc. increased its stake in EHang by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,549,512 shares of the company’s stock valued at $27,922,000 after purchasing an additional 24,121 shares in the last quarter. Carmignac Gestion increased its stake in EHang by 24.2% in the 3rd quarter. Carmignac Gestion now owns 1,869,210 shares of the company’s stock valued at $33,539,000 after purchasing an additional 363,962 shares in the last quarter. Finally, Dfpg Investments LLC increased its stake in EHang by 26.5% in the 4th quarter. Dfpg Investments LLC now owns 20,073 shares of the company’s stock valued at $312,000 after purchasing an additional 4,205 shares in the last quarter. 94.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley assumed coverage on EHang in a research note on Monday, May 6th. They issued an “overweight” rating and a $27.50 price objective for the company.

View Our Latest Analysis on EHang

EHang Stock Performance

Shares of NASDAQ:EH opened at $16.03 on Tuesday. The business’s fifty day moving average price is $18.03 and its two-hundred day moving average price is $15.34. The company has a current ratio of 1.97, a quick ratio of 1.69 and a debt-to-equity ratio of 0.07. EHang Holdings Limited has a one year low of $9.51 and a one year high of $25.78.

EHang (NASDAQ:EHGet Free Report) last announced its earnings results on Friday, March 15th. The company reported ($0.16) EPS for the quarter. The company had revenue of $7.97 million for the quarter. EHang had a negative net margin of 176.72% and a negative return on equity of 145.90%. Sell-side analysts forecast that EHang Holdings Limited will post -0.41 EPS for the current fiscal year.

EHang Profile

(Free Report)

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.

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Institutional Ownership by Quarter for EHang (NASDAQ:EH)

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