PEAK6 LLC Decreases Stock Holdings in Kingsoft Cloud Holdings Limited Sponsored ADR $KC

PEAK6 LLC lowered its holdings in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) by 91.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,154 shares of the company’s stock after selling 255,646 shares during the quarter. PEAK6 LLC’s holdings in Kingsoft Cloud were worth $239,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vident Advisory LLC increased its holdings in shares of Kingsoft Cloud by 1.8% in the 4th quarter. Vident Advisory LLC now owns 51,953 shares of the company’s stock worth $537,000 after buying an additional 898 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Kingsoft Cloud by 14.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after acquiring an additional 1,170 shares during the last quarter. Personal CFO Solutions LLC lifted its holdings in shares of Kingsoft Cloud by 11.1% in the 3rd 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 last quarter. Diversify Wealth Management LLC grew its position in Kingsoft Cloud by 2.0% in the third quarter. Diversify Wealth Management LLC now owns 67,617 shares of the company’s stock worth $1,009,000 after acquiring an additional 1,343 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its stake in Kingsoft Cloud by 9.0% during the third quarter. Diversify Advisory Services LLC now owns 22,686 shares of the company’s stock worth $338,000 after acquiring an additional 1,874 shares during the last quarter. 13.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KC has been the topic of a number of recent research reports. Jefferies Financial Group upped their price objective on Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Tuesday, April 21st. Finally, Zacks Research downgraded Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $18.53.

Kingsoft Cloud Price Performance

Kingsoft Cloud stock opened at $10.06 on Friday. The firm has a 50-day moving average price of $14.36 and a 200-day moving average price of $13.23. The firm has a market capitalization of $3.04 billion, a PE ratio of -21.40 and a beta of 1.94. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.37. Kingsoft Cloud Holdings Limited Sponsored ADR has a 12-month low of $9.81 and a 12-month high of $18.52.

Kingsoft Cloud (NASDAQ:KC) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.17) EPS for the quarter. Kingsoft Cloud had a negative net margin of 9.38% and a negative return on equity of 11.67%. The firm had revenue of $392.15 million for the quarter. As a group, equities research analysts forecast that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.46 EPS for the current year.

Kingsoft Cloud Profile

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.