68,363 Shares in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) Bought by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. acquired a new stake in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 68,363 shares of the company’s stock, valued at approximately $1,288,000.

Separately, Prudential PLC acquired a new stake in shares of ZEEKR Intelligent Technology in the 2nd quarter valued at about $4,194,000.

ZEEKR Intelligent Technology Stock Performance

Shares of ZK opened at $16.21 on Monday. ZEEKR Intelligent Technology Holding Limited has a 1 year low of $13.00 and a 1 year high of $32.24. The firm has a fifty day moving average price of $16.41.

ZEEKR Intelligent Technology (NYSE:ZK) last issued its quarterly earnings results on Wednesday, August 21st. The company reported ($1.31) earnings per share (EPS) for the quarter. The firm had revenue of $2.76 billion for the quarter. As a group, equities research analysts expect that ZEEKR Intelligent Technology Holding Limited will post -2.31 EPS for the current year.

Analysts Set New Price Targets

Several research firms have commented on ZK. The Goldman Sachs Group started coverage on ZEEKR Intelligent Technology in a research report on Tuesday, June 4th. They set a “buy” rating and a $34.00 price target on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of ZEEKR Intelligent Technology in a research report on Thursday, June 6th. They issued a “buy” rating and a $35.00 price target for the company. Bank of America decreased their price target on shares of ZEEKR Intelligent Technology from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, August 22nd. Finally, Citigroup began coverage on shares of ZEEKR Intelligent Technology in a report on Monday, June 24th. They issued a “buy” rating and a $32.40 target price for the company.

ZEEKR Intelligent Technology Profile

ZEEKR Intelligent Technology Holding Limited is a battery electric vehicle technology company. Its current product portfolio primarily includes ZEEKR 001, a five-seater, cross-over hatchback; ZEEKR 001 FR, cross-over hatchback; ZEEKR 009, a luxury six-seater MPV; ZEEKR X, a compact SUV and an upscale sedan model.