SunCar Technology Group Inc. (NASDAQ:SDA) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in shares of SunCar Technology Group Inc. (NASDAQ:SDA) by 4.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,434 shares of the company’s stock after buying an additional 1,116 shares during the quarter. Geode Capital Management LLC’s holdings in SunCar Technology Group were worth $269,000 at the end of the most recent quarter.

Separately, XTX Topco Ltd raised its stake in shares of SunCar Technology Group by 24.6% during the 2nd quarter. XTX Topco Ltd now owns 18,186 shares of the company’s stock worth $166,000 after buying an additional 3,596 shares during the last quarter. Institutional investors own 0.26% of the company’s stock.

Analyst Ratings Changes

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

SunCar Technology Group Price Performance

Shares of SDA stock opened at $9.84 on Tuesday. The firm has a 50-day moving average price of $9.48 and a 200 day moving average price of $9.61. SunCar Technology Group Inc. has a twelve month low of $5.71 and a twelve month high of $11.74.

SunCar Technology Group Profile

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.