Barclays PLC lifted its stake in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK – Free Report) by 28.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,456 shares of the company’s stock after buying an additional 2,097 shares during the quarter. Barclays PLC’s holdings in ZEEKR Intelligent Technology were worth $211,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd bought a new stake in shares of ZEEKR Intelligent Technology in the 2nd quarter worth approximately $31,236,000. Point72 Asset Management L.P. bought a new stake in shares of ZEEKR Intelligent Technology in the 2nd quarter worth approximately $20,388,000. Millennium Management LLC bought a new stake in shares of ZEEKR Intelligent Technology in the 2nd quarter worth approximately $17,478,000. Prudential PLC bought a new stake in shares of ZEEKR Intelligent Technology in the 2nd quarter worth approximately $4,194,000. Finally, Polymer Capital Management HK LTD bought a new stake in shares of ZEEKR Intelligent Technology in the 3rd quarter worth approximately $3,836,000.
Analyst Ratings Changes
Several analysts recently issued reports on ZK shares. CICC Research started coverage on ZEEKR Intelligent Technology in a report on Friday, October 25th. They issued an “outperform” rating and a $31.74 price target on the stock. Macquarie initiated coverage on ZEEKR Intelligent Technology in a research report on Thursday, October 3rd. They issued an “outperform” rating and a $33.00 target price on the stock. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, ZEEKR Intelligent Technology presently has a consensus rating of “Buy” and an average price target of $32.02.
ZEEKR Intelligent Technology Stock Performance
Shares of NYSE ZK opened at $27.68 on Tuesday. The stock’s fifty day simple moving average is $26.13 and its 200 day simple moving average is $21.35. ZEEKR Intelligent Technology Holding Limited has a 52-week low of $13.00 and a 52-week high of $32.76.
About ZEEKR Intelligent Technology
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.
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