Insider Selling: Autohome (NYSE:ATHM) Director Sells $181,976.00 in Stock

Autohome Inc. (NYSE:ATHM) Director Quan Long sold 34,400 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total transaction of $181,976.00. Following the sale, the director directly owned 175,984 shares of the company’s stock, valued at $930,955.36. This represents a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Autohome Stock Down 1.7%

Shares of ATHM stock traded down $0.35 on Thursday, reaching $20.90. 287,577 shares of the stock were exchanged, compared to its average volume of 480,418. The stock has a market cap of $2.41 billion, a P/E ratio of 18.02 and a beta of 0.27. The firm has a 50 day moving average of $22.04 and a two-hundred day moving average of $19.69. Autohome Inc. has a 1-year low of $15.57 and a 1-year high of $29.18.

Analyst Upgrades and Downgrades

ATHM has been the subject of a number of research reports. Weiss Ratings raised shares of Autohome from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, September 22nd. Wall Street Zen raised Autohome from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Bank of America cut Autohome from a “neutral” rating to an “underperform” rating and set a $19.00 price objective on the stock. in a research note on Tuesday, August 18th. JPMorgan Chase & Co. decreased their target price on Autohome from $20.00 to $17.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, Zacks Research upgraded Autohome from a “strong sell” rating to a “hold” rating in a research note on Friday, August 7th. Five analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $17.77.

Hedge Funds Weigh In On Autohome

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BI Asset Management Fondsmaeglerselskab A S increased its holdings in Autohome by 4.6% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 40,169 shares of the information services provider’s stock worth $894,000 after buying an additional 1,751 shares during the last quarter. Parallel Advisors LLC raised its position in Autohome by 119.4% during the first quarter. Parallel Advisors LLC now owns 5,256 shares of the information services provider’s stock valued at $91,000 after acquiring an additional 2,860 shares in the last quarter. SG Americas Securities LLC lifted its stake in Autohome by 9.0% in the first quarter. SG Americas Securities LLC now owns 61,715 shares of the information services provider’s stock valued at $1,072,000 after acquiring an additional 5,120 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Autohome in the fourth quarter valued at approximately $172,000. Finally, Oldfield Partners LLP lifted its stake in Autohome by 20.3% in the second quarter. Oldfield Partners LLP now owns 49,800 shares of the information services provider’s stock valued at $948,000 after acquiring an additional 8,400 shares during the last quarter. 63.08% of the stock is owned by hedge funds and other institutional investors.

About Autohome

Autohome Inc (NYSE: ATHM) operates an online platform serving automobile consumers and industry participants in China. The company provides automotive news, reviews, buying guides, videos and other user-generated or professionally produced content designed to help consumers research vehicles and make purchasing decisions.

Through its websites and mobile applications, including Autohome and Che168, the company offers vehicle search and comparison tools, pricing information, listings for new and used vehicles, dealer information and online communities.