Penserra Capital Management LLC Acquires 95,773 Shares of Baidu, Inc. $BIDU

Penserra Capital Management LLC lifted its stake in Baidu, Inc. (NASDAQ:BIDU) by 43.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 316,666 shares of the information services provider’s stock after acquiring an additional 95,773 shares during the quarter. Penserra Capital Management LLC owned approximately 0.09% of Baidu worth $41,727,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Binnacle Investments Inc bought a new position in Baidu during the 2nd quarter worth $29,000. Winthrop Capital Management LLC bought a new position in Baidu in the 2nd quarter valued at approximately $39,000. Mizuho Securities Co. Ltd. acquired a new stake in Baidu in the second quarter valued at approximately $43,000. UMB Bank n.a. boosted its position in Baidu by 65.0% in the third quarter. UMB Bank n.a. now owns 340 shares of the information services provider’s stock valued at $45,000 after buying an additional 134 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Baidu by 127.6% during the second quarter. Assetmark Inc. now owns 742 shares of the information services provider’s stock worth $64,000 after buying an additional 416 shares during the last quarter.

Analysts Set New Price Targets

BIDU has been the subject of a number of analyst reports. Citigroup restated a “buy” rating on shares of Baidu in a research report on Tuesday, January 13th. National Bankshares raised shares of Baidu to an “outperform” rating in a research report on Monday, November 24th. China Renaissance raised Baidu from a “hold” rating to a “buy” rating and increased their price target for the company from $134.00 to $180.00 in a research report on Tuesday. Jefferies Financial Group increased their price objective on shares of Baidu from $159.00 to $181.00 and gave the company a “buy” rating in a research note on Friday, January 2nd. Finally, Benchmark reissued a “buy” rating on shares of Baidu in a report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $157.05.

More Baidu News

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: China Renaissance upgraded Baidu from “hold” to “buy” and raised its price target to $180 (from $134), signaling ~26% upside from recent levels — a clear near-term bullish catalyst that can support investor sentiment and buying interest. China Renaissance Upgrade
• Positive Sentiment: Recent analysis highlights Baidu’s autonomous-driving and AI initiatives as reshaping the growth and valuation debate — if execution continues, these longer-term streams (cloud, AI services, Apollo/self-driving) could justify higher multiples. Autonomous Driving Outlook
• Positive Sentiment: Some commentary frames Baidu as still attractive after a large one‑year rebound and as a potential future dividend compounder — narratives that can attract income- and value-oriented buyers if earnings and free cash flow trends stay supportive. Valuation Commentary
• Neutral Sentiment: Reported short-interest entries show effectively zero reported short volume in early February — likely a data/filing artifact rather than a meaningful change to bearish positioning; it does not appear to be driving price action. (Internal short-interest records)
• Neutral Sentiment: Retrospectives noting strong 1‑year performance (≈69–75% gains) highlight momentum but also raise valuation questions given a P/E near 48; investors should weigh growth outlook vs current multiples. Performance Recap
• Negative Sentiment: Competitive pressure: Alibaba announced a large AI marketing/incentive campaign (~¥3bn / $431M) for its Qwen chatbot during Lunar New Year, outspending Baidu’s promotions — increased marketing and product push from Alibaba could pressure Baidu’s chatbot/user share expansion and near-term monetization. Alibaba AI Spend
• Negative Sentiment: Market/sentiment pressure: coverage noting intraday declines and a recent pullback reflects short-term profit-taking amid a broader market uptick — technical factors (recent run-up, faster-than-average daily volume) can exacerbate declines. Zacks Price Note

Baidu Trading Down 2.5%

NASDAQ BIDU opened at $144.86 on Wednesday. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.23. Baidu, Inc. has a 1-year low of $74.71 and a 1-year high of $165.30. The firm has a market cap of $50.04 billion, a PE ratio of 48.13 and a beta of 0.32. The stock has a 50-day moving average of $136.33 and a 200-day moving average of $120.39.

Baidu Company Profile

Baidu, Inc, founded in 2000 and headquartered in Beijing, is a Chinese multinational technology company best known for operating one of China’s leading internet search engines. The company built its business around online search and related advertising services, providing search, content aggregation and targeted ad placements to consumers and marketers across China. Baidu went public on the NASDAQ in 2005 and has since diversified beyond search into a broader technology and AI-focused portfolio.

Core products and services include the Baidu search platform and mobile app, Baidu Maps and Baidu Baike (an online encyclopedia), along with digital content initiatives.