BRIGHT VALLEY CAPITAL Ltd Sells 1,816,124 Shares of Full Truck Alliance Co. Ltd. Sponsored ADR $YMM

BRIGHT VALLEY CAPITAL Ltd cut its position in shares of Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 70.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 755,876 shares of the company’s stock after selling 1,816,124 shares during the period. Full Truck Alliance accounts for 3.0% of BRIGHT VALLEY CAPITAL Ltd’s portfolio, making the stock its 7th largest holding. BRIGHT VALLEY CAPITAL Ltd owned 0.07% of Full Truck Alliance worth $8,111,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of YMM. Banque de Luxembourg S.A. acquired a new position in shares of Full Truck Alliance during the 4th quarter worth about $44,000. CoreCap Advisors LLC increased its stake in shares of Full Truck Alliance by 2,000.0% during the 4th quarter. CoreCap Advisors LLC now owns 4,200 shares of the company’s stock worth $45,000 after purchasing an additional 4,000 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Full Truck Alliance by 274.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock worth $46,000 after buying an additional 2,845 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of Full Truck Alliance during the 3rd quarter worth about $51,000. Finally, Shen Neil Nanpeng bought a new stake in shares of Full Truck Alliance during the 3rd quarter worth about $93,000. 39.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on YMM. Citigroup reaffirmed a “buy” rating on shares of Full Truck Alliance in a report on Monday, April 20th. Daiwa Securities Group downgraded shares of Full Truck Alliance from a “buy” rating to a “neutral” rating and set a $9.00 target price for the company. in a report on Friday, March 13th. JPMorgan Chase & Co. raised shares of Full Truck Alliance from an “underweight” rating to a “neutral” rating and set a $8.00 target price for the company in a report on Wednesday, April 1st. Weiss Ratings raised shares of Full Truck Alliance from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Finally, Bank of America began coverage on shares of Full Truck Alliance in a report on Tuesday, May 5th. They set a “buy” rating and a $11.30 target price for the company. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $10.76.

Full Truck Alliance Stock Up 1.4%

NYSE YMM opened at $8.46 on Friday. The company has a market capitalization of $8.82 billion, a P/E ratio of 14.83, a P/E/G ratio of 0.77 and a beta of 0.30. Full Truck Alliance Co. Ltd. Sponsored ADR has a 12-month low of $8.04 and a 12-month high of $14.07. The firm has a 50-day moving average price of $8.63 and a two-hundred day moving average price of $9.55.

Full Truck Alliance (NYSE:YMM) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $456.32 million during the quarter. Full Truck Alliance had a net margin of 32.68% and a return on equity of 10.52%. Equities analysts expect that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.66 EPS for the current year.

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.