Artisan Partners Limited Partnership Invests $51.50 Million in Kingsoft Cloud Holdings Limited Sponsored ADR $KC

Artisan Partners Limited Partnership acquired a new stake in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) during the third quarter, according to its most recent filing with the SEC. The fund acquired 3,452,038 shares of the company’s stock, valued at approximately $51,504,000. Artisan Partners Limited Partnership owned 1.14% of Kingsoft Cloud as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its holdings in Kingsoft Cloud by 13.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock valued at $135,000 after buying an additional 1,053 shares in the last quarter. Personal CFO Solutions LLC boosted its position in shares of Kingsoft Cloud by 11.1% in the third quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock valued at $182,000 after acquiring an additional 1,212 shares during the period. Diversify Wealth Management LLC grew its stake in Kingsoft Cloud by 2.0% during the third quarter. Diversify Wealth Management LLC now owns 67,617 shares of the company’s stock valued at $1,009,000 after acquiring an additional 1,343 shares in the last quarter. First Horizon Advisors Inc. purchased a new position in Kingsoft Cloud during the second quarter valued at approximately $27,000. Finally, Burns Matteson Capital Management LLC increased its holdings in Kingsoft Cloud by 23.1% during the 3rd quarter. Burns Matteson Capital Management LLC now owns 11,741 shares of the company’s stock worth $175,000 after acquiring an additional 2,207 shares during the period. Institutional investors own 13.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on KC shares. Zacks Research raised shares of Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. The Goldman Sachs Group raised Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price objective for the company in a research note on Tuesday, February 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $18.30.

Kingsoft Cloud Stock Performance

NASDAQ KC opened at $13.48 on Friday. Kingsoft Cloud Holdings Limited Sponsored ADR has a 52-week low of $10.29 and a 52-week high of $19.57. The company has a fifty day moving average of $12.46 and a 200-day moving average of $13.11. The company has a market capitalization of $4.07 billion, a P/E ratio of -25.92 and a beta of 2.07. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.93 and a current ratio of 0.93.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.