Barclays PLC Buys 2,097 Shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)

Barclays PLC raised its stake in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) by 28.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,456 shares of the company’s stock after purchasing an additional 2,097 shares during the period. Barclays PLC’s holdings in ZEEKR Intelligent Technology were worth $211,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Sandia Investment Management LP acquired a new stake in ZEEKR Intelligent Technology during the 2nd quarter worth about $94,000. Green Alpha Advisors LLC acquired a new stake in ZEEKR Intelligent Technology during the 3rd quarter worth about $219,000. Marshall Wace LLP acquired a new stake in ZEEKR Intelligent Technology during the 2nd quarter worth about $347,000. WT Asset Management Ltd acquired a new stake in ZEEKR Intelligent Technology during the 3rd quarter worth about $446,000. Finally, Renaissance Capital LLC grew its holdings in ZEEKR Intelligent Technology by 20.0% during the 3rd quarter. Renaissance Capital LLC now owns 22,696 shares of the company’s stock worth $506,000 after acquiring an additional 3,789 shares during the period.

Wall Street Analysts Forecast Growth

ZK has been the subject of a number of recent analyst reports. CICC Research initiated coverage on ZEEKR Intelligent Technology in a report on Friday, October 25th. They set an “outperform” rating and a $31.74 price target for the company. Macquarie began coverage on ZEEKR Intelligent Technology in a research note on Thursday, October 3rd. They issued an “outperform” rating and a $33.00 target price for the company. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, ZEEKR Intelligent Technology has an average rating of “Buy” and an average price target of $32.02.

ZEEKR Intelligent Technology Stock Performance

Shares of ZK opened at $26.40 on Wednesday. The stock has a 50-day moving average of $26.30 and a 200-day moving average of $21.88. ZEEKR Intelligent Technology Holding Limited has a one year low of $13.00 and a one year high of $32.76.

ZEEKR Intelligent Technology Company Profile

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.