State Street Corp Buys 3,877 Shares of SunCar Technology Group Inc. (NASDAQ:SDA)

State Street Corp boosted its holdings in shares of SunCar Technology Group Inc. (NASDAQ:SDA) by 33.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,461 shares of the company’s stock after purchasing an additional 3,877 shares during the quarter. State Street Corp’s holdings in SunCar Technology Group were worth $170,000 as of its most recent SEC filing.

Separately, XTX Topco Ltd raised its stake in SunCar Technology Group by 24.6% during the second quarter. XTX Topco Ltd now owns 18,186 shares of the company’s stock valued at $166,000 after purchasing an additional 3,596 shares in the last quarter. 0.26% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, BTIG Research started coverage on shares of SunCar Technology Group in a research note on Monday, December 30th. They set a “buy” rating and a $12.00 price target on the stock.

SunCar Technology Group Stock Up 1.2 %

SunCar Technology Group stock opened at $9.12 on Friday. The firm’s fifty day moving average is $9.57 and its 200 day moving average is $9.55. SunCar Technology Group Inc. has a 52-week low of $5.71 and a 52-week high of $11.74.

About SunCar Technology Group

SunCar Technology Group Inc, through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business.