Amiral Gestion Trims Stock Position in Full Truck Alliance Co. Ltd. Sponsored ADR $YMM

Amiral Gestion decreased its position in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 59.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,000 shares of the company’s stock after selling 270,000 shares during the period. Full Truck Alliance accounts for approximately 0.7% of Amiral Gestion’s investment portfolio, making the stock its 20th largest position. Amiral Gestion’s holdings in Full Truck Alliance were worth $1,985,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in YMM. Compound Planning Inc. lifted its stake in shares of Full Truck Alliance by 7.0% in the 3rd quarter. Compound Planning Inc. now owns 15,948 shares of the company’s stock valued at $207,000 after purchasing an additional 1,048 shares during the last quarter. CI Investments Inc. boosted its stake in Full Truck Alliance by 10.7% during the third quarter. CI Investments Inc. now owns 10,924 shares of the company’s stock worth $142,000 after buying an additional 1,052 shares during the period. Exchange Traded Concepts LLC increased its position in shares of Full Truck Alliance by 0.6% during the third quarter. Exchange Traded Concepts LLC now owns 248,174 shares of the company’s stock valued at $3,219,000 after acquiring an additional 1,410 shares during the last quarter. Parnassus Investments LLC raised its stake in shares of Full Truck Alliance by 12.1% in the 3rd quarter. Parnassus Investments LLC now owns 21,547 shares of the company’s stock valued at $279,000 after acquiring an additional 2,333 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Full Truck Alliance by 274.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock worth $46,000 after acquiring an additional 2,845 shares during the last quarter. 39.02% of the stock is currently owned by institutional investors and hedge funds.

Full Truck Alliance Stock Performance

Full Truck Alliance stock opened at $8.06 on Friday. The stock has a 50-day simple moving average of $9.34 and a 200-day simple moving average of $11.10. The company has a market capitalization of $8.42 billion, a P/E ratio of 13.43 and a beta of 0.23. Full Truck Alliance Co. Ltd. Sponsored ADR has a fifty-two week low of $8.04 and a fifty-two week high of $14.07.

Full Truck Alliance (NYSE:YMM) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $456.32 million during the quarter. Full Truck Alliance had a return on equity of 11.33% and a net margin of 35.22%. As a group, analysts forecast that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.46 earnings per share for the current year.

Full Truck Alliance Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 8th will be issued a dividend of $0.084 per share. The ex-dividend date of this dividend is Wednesday, April 8th. This represents a dividend yield of 203.0%. Full Truck Alliance’s dividend payout ratio (DPR) is currently 26.67%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on YMM. Daiwa Securities Group lowered Full Truck Alliance from a “buy” rating to a “neutral” rating and set a $9.00 target price on the stock. in a research report on Friday, March 13th. iA Financial set a $8.00 target price on Full Truck Alliance in a report on Monday, January 12th. JPMorgan Chase & Co. cut shares of Full Truck Alliance from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $11.00 to $8.00 in a research report on Monday, January 12th. Weiss Ratings cut shares of Full Truck Alliance from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 13th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Full Truck Alliance in a research report on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Full Truck Alliance has an average rating of “Hold” and an average target price of $11.43.

Full Truck Alliance Profile

Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.