Y Intercept Hong Kong Ltd Acquires Shares of 44,292 ZEEKR Intelligent Technology Holding Limited Unsponsored ADR $ZK

Y Intercept Hong Kong Ltd acquired a new stake in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 44,292 shares of the company’s stock, valued at approximately $1,129,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brooklyn Investment Group increased its position in ZEEKR Intelligent Technology by 2,014.8% in the 1st quarter. Brooklyn Investment Group now owns 1,290 shares of the company’s stock valued at $31,000 after acquiring an additional 1,229 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in ZEEKR Intelligent Technology in the 1st quarter valued at about $44,000. Charles Schwab Investment Management Inc. increased its position in ZEEKR Intelligent Technology by 23.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 25,549 shares of the company’s stock valued at $615,000 after acquiring an additional 4,811 shares in the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of ZEEKR Intelligent Technology during the 1st quarter worth approximately $269,000. Finally, Invesco Ltd. grew its position in shares of ZEEKR Intelligent Technology by 74.4% during the 1st quarter. Invesco Ltd. now owns 34,201 shares of the company’s stock worth $824,000 after buying an additional 14,594 shares during the period.

Analyst Ratings Changes

ZK has been the subject of several analyst reports. Wall Street Zen cut shares of ZEEKR Intelligent Technology from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Weiss Ratings reiterated a “sell (e+)” rating on shares of ZEEKR Intelligent Technology in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $38.00.

ZEEKR Intelligent Technology Price Performance

ZEEKR Intelligent Technology stock opened at $27.88 on Tuesday. The company’s 50 day simple moving average is $29.38 and its 200 day simple moving average is $27.78. ZEEKR Intelligent Technology Holding Limited Unsponsored ADR has a fifty-two week low of $17.91 and a fifty-two week high of $33.32. The firm has a market capitalization of $7.14 billion, a price-to-earnings ratio of -15.41 and a beta of 0.07.

ZEEKR Intelligent Technology Company Profile

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.