Acadian Asset Management LLC Buys New Shares in Agora, Inc. Sponsored ADR $API

Acadian Asset Management LLC purchased a new position in Agora, Inc. Sponsored ADR (NASDAQ:API) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 704,044 shares of the company’s stock, valued at approximately $2,818,000. Acadian Asset Management LLC owned about 0.75% of Agora at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. QRG Capital Management Inc. purchased a new stake in shares of Agora during the 1st quarter valued at $43,000. Jane Street Group LLC acquired a new stake in Agora during the fourth quarter worth about $53,000. Quantbot Technologies LP purchased a new position in shares of Agora in the 1st quarter worth about $51,000. Russell Investments Group Ltd. acquired a new position in shares of Agora in the 1st quarter valued at about $69,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of Agora during the 4th quarter worth about $71,000. Institutional investors and hedge funds own 40.40% of the company’s stock.

Agora Trading Up 1.1%

NASDAQ:API opened at $3.82 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.55 and a quick ratio of 3.55. Agora, Inc. Sponsored ADR has a 12 month low of $1.95 and a 12 month high of $6.99. The firm has a market capitalization of $356.54 million, a PE ratio of -15.28, a price-to-earnings-growth ratio of 1.97 and a beta of 0.54. The business’s 50-day moving average is $3.76 and its two-hundred day moving average is $3.81.

Agora (NASDAQ:API) last posted its quarterly earnings data on Monday, August 18th. The company reported $0.01 earnings per share for the quarter. Agora had a negative net margin of 16.59% and a negative return on equity of 3.87%. The company had revenue of $34.26 million during the quarter. During the same period in the previous year, the company earned ($0.10) earnings per share. Agora has set its Q3 2025 guidance at EPS. Research analysts predict that Agora, Inc. Sponsored ADR will post -0.4 earnings per share for the current fiscal year.

About Agora

Agora, Inc operates in real-time engagement technology business in the People's Republic of China, the United States, and internationally. The company offers real-time engagement platform-as-a-services providing developers with application programming interfaces to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications.