HUYA Inc. (NYSE:HUYA) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its holdings in HUYA Inc. (NYSE:HUYA) by 89.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,648 shares of the company’s stock after selling 626,369 shares during the period. Jane Street Group LLC’s holdings in HUYA were worth $376,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wellington Management Group LLP grew its holdings in HUYA by 11.9% during the 3rd quarter. Wellington Management Group LLP now owns 103,852 shares of the company’s stock valued at $530,000 after purchasing an additional 11,054 shares in the last quarter. Athos Capital Ltd grew its holdings in HUYA by 9.5% during the 3rd quarter. Athos Capital Ltd now owns 127,346 shares of the company’s stock valued at $649,000 after purchasing an additional 11,000 shares in the last quarter. Quantbot Technologies LP grew its holdings in HUYA by 18.9% during the 3rd quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock valued at $118,000 after purchasing an additional 3,685 shares in the last quarter. FMR LLC grew its holdings in HUYA by 236.8% during the 3rd quarter. FMR LLC now owns 2,391,957 shares of the company’s stock valued at $12,199,000 after purchasing an additional 1,681,800 shares in the last quarter. Finally, Seldon Capital LP bought a new position in HUYA during the 3rd quarter valued at $51,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Price Performance

HUYA stock opened at $3.01 on Thursday. The firm’s 50 day simple moving average is $3.14 and its 200-day simple moving average is $3.88. The company has a market cap of $681.38 million, a P/E ratio of -33.44 and a beta of 0.62. HUYA Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $6.84.

HUYA (NYSE:HUYA) last released its earnings results on Tuesday, November 12th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.30. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The firm’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same period last year, the firm posted $0.05 earnings per share. On average, analysts expect that HUYA Inc. will post 0.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HUYA has been the topic of a number of research analyst reports. Hsbc Global Res downgraded shares of HUYA from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 11th. Citigroup reduced their price objective on shares of HUYA from $5.90 to $5.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. HSBC reiterated a “hold” rating and set a $4.70 price objective on shares of HUYA in a research note on Friday, October 11th. Finally, Bank of America downgraded shares of HUYA from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $5.80 to $4.00 in a research note on Wednesday, November 6th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.68.

HUYA Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.