Representative Lisa C. McClain (R-Michigan) recently bought shares of PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in PDD stock on July 16th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.
PDD Trading Up 3.7%
PDD stock opened at $118.95 on Monday. PDD Holdings Inc. Sponsored ADR has a 12 month low of $87.11 and a 12 month high of $155.67. The stock’s 50 day moving average is $108.47 and its 200-day moving average is $110.67. The company has a market capitalization of $165.60 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 1.69 and a beta of 0.42.
Hedge Funds Weigh In On PDD
Institutional investors and hedge funds have recently made changes to their positions in the stock. Krane Funds Advisors LLC boosted its position in shares of PDD by 78.3% during the 1st quarter. Krane Funds Advisors LLC now owns 5,036,389 shares of the company’s stock worth $596,057,000 after purchasing an additional 2,211,286 shares in the last quarter. Myriad Asset Management US LP bought a new position in shares of PDD during the 1st quarter worth about $4,496,000. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of PDD by 4,562.1% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 14,419,327 shares of the company’s stock worth $1,706,527,000 after purchasing an additional 14,110,042 shares in the last quarter. WCM Investment Management LLC boosted its position in shares of PDD by 3,127.3% during the 1st quarter. WCM Investment Management LLC now owns 411,324 shares of the company’s stock worth $49,544,000 after purchasing an additional 398,579 shares in the last quarter. Finally, TB Alternative Assets Ltd. boosted its position in shares of PDD by 15.4% during the 1st quarter. TB Alternative Assets Ltd. now owns 199,887 shares of the company’s stock worth $23,657,000 after purchasing an additional 26,739 shares in the last quarter. Institutional investors own 39.83% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have weighed in on PDD. Barclays cut PDD from a “strong-buy” rating to a “hold” rating in a research note on Sunday, June 1st. Citigroup upgraded PDD from a “neutral” rating to a “buy” rating and upped their target price for the stock from $127.00 to $165.00 in a research note on Monday, May 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $112.00 target price on shares of PDD in a research note on Wednesday, May 28th. China Renaissance restated a “hold” rating and set a $107.00 target price on shares of PDD in a research note on Wednesday, May 28th. Finally, Macquarie restated an “outperform” rating on shares of PDD in a research note on Tuesday, May 27th. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, PDD has an average rating of “Moderate Buy” and an average price target of $144.55.
Check Out Our Latest Report on PDD
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
PDD Company Profile
PDD Holdings Inc, a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace.
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