Bilibili Inc. Sponsored ADR $BILI Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP reduced its stake in shares of Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 59.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,622 shares of the company’s stock after selling 32,791 shares during the quarter. GSA Capital Partners LLP’s holdings in Bilibili were worth $635,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BILI. Arrowstreet Capital Limited Partnership increased its position in shares of Bilibili by 11.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,651,137 shares of the company’s stock worth $35,417,000 after purchasing an additional 167,376 shares in the last quarter. Federated Hermes Inc. increased its position in Bilibili by 9.9% during the second quarter. Federated Hermes Inc. now owns 1,480,287 shares of the company’s stock worth $31,752,000 after buying an additional 133,828 shares during the period. Man Group plc increased its position in Bilibili by 21.9% during the second quarter. Man Group plc now owns 1,460,147 shares of the company’s stock worth $31,320,000 after buying an additional 262,554 shares during the period. Marshall Wace LLP lifted its stake in Bilibili by 0.7% in the second quarter. Marshall Wace LLP now owns 740,571 shares of the company’s stock valued at $15,885,000 after buying an additional 4,902 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Bilibili by 17.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 467,971 shares of the company’s stock valued at $10,038,000 after acquiring an additional 70,358 shares during the period. 16.08% of the stock is owned by hedge funds and other institutional investors.

Bilibili Trading Down 2.1%

NASDAQ BILI opened at $30.30 on Monday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $12.67 billion, a P/E ratio of 121.20 and a beta of 0.73. Bilibili Inc. Sponsored ADR has a 52-week low of $14.47 and a 52-week high of $36.40. The firm has a 50-day moving average price of $29.47 and a 200 day moving average price of $27.37.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Bank of America cut their target price on shares of Bilibili from $32.00 to $31.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Citigroup upped their target price on shares of Bilibili from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Wall Street Zen lowered Bilibili from a “buy” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. upped their price objective on Bilibili from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, November 18th. Finally, Benchmark lifted their target price on Bilibili from $28.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Bilibili has a consensus rating of “Moderate Buy” and an average target price of $29.61.

Bilibili Company Profile

Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.

Beyond its core video community, Bilibili generates revenue through multiple value-added services.