Persistent Asset Partners Ltd Takes $255,000 Position in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR $ZK

Persistent Asset Partners Ltd acquired a new stake in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK) in the second quarter, according to its most recent filing with the SEC. The fund acquired 10,000 shares of the company’s stock, valued at approximately $255,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brooklyn Investment Group grew its holdings 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 worth $31,000 after acquiring an additional 1,229 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in ZEEKR Intelligent Technology in the first quarter worth about $44,000. Charles Schwab Investment Management Inc. lifted its holdings in ZEEKR Intelligent Technology by 23.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 25,549 shares of the company’s stock worth $615,000 after buying an additional 4,811 shares during the period. Invesco Ltd. boosted its position in ZEEKR Intelligent Technology by 74.4% during the 1st quarter. Invesco Ltd. now owns 34,201 shares of the company’s stock valued at $824,000 after acquiring an additional 14,594 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of ZEEKR Intelligent Technology during the 2nd quarter worth approximately $1,129,000.

ZEEKR Intelligent Technology Stock Down 0.0%

Shares of ZK opened at $27.53 on Friday. The business has a fifty day moving average of $29.11 and a 200 day moving average of $28.19. The company has a market cap of $7.05 billion, a PE ratio of -15.21 and a beta of 0.06. ZEEKR Intelligent Technology Holding Limited Unsponsored ADR has a 52-week low of $17.91 and a 52-week high of $33.32.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wall Street Zen cut ZEEKR Intelligent Technology from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings reiterated a “sell (e+)” rating on shares of ZEEKR Intelligent Technology in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $38.00.

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.