Yiheng Capital Management LP has recently announced that it has increased stake in Bilibili Inc ADR (NASDAQ:BILI) by 4.71%. After grabbing 11.81 million shares, the institutional investor is now in possession of 0.53 million shares of the Communication Services Company. The new investment brought the stake of investor firm to 3.60% having worth around $133.76 million. Moreover, Jane Street Capital LLC increased its share by 1.2 million to have a control over 4.05 million shares. And Artisan Partners LP raised its holdings to 0.14 million shares by acquiring 3.79 million shares or 1.16% of the stake.
Bilibili Inc ADR (BILI) concluded trading on 01/10/24 at a closing price of $10.78, with 3.53 million shares of worth about $38.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -35.45% during that period and on Wednesday the price saw a loss of about -0.65%. Currently the company’s common shares owned by public are about 324.27M shares, out of which, 324.26M shares are available for trading.
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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 43 analysts are covering the BILI stock and their offered price forecasts bring an average price target of $127.73. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $236.00 and could fall to a lowest price of $78.05. The stock’s current price level is 34.27% above of average price target set by the analysts, while a rise to estimated low would result in gain of 86.19% for the stock. However, touching the estimated high of $236.00 would mean a gain of 95.43% for the stock.
Government Pension Fund – Global, Artisan Developing World Fund, and Allspring Emerging Markets Equity are the top 3 mutual funds which are holding stakes in Bilibili Inc ADR Government Pension Fund – Global is currently holding 6.65 million shares of worth totaling $75.31 million. The company recently came buying 3.06 million shares which brought its stake up to 2.03% of the company’s outstanding shares. Artisan Developing World Fund bought 0.11 million shares, after which its hold over company’s outstanding shares expand to 1.01%, leaving 3.31 million shares with the mutual fund that have a worth of about $37.51 million. Allspring Emerging Markets Equity, after buying 2.1 million shares, have now control over 0.64% of the stake in the company. It holds 0.0 shares of worth $23.77 million.
Bilibili Inc ADR (NASDAQ: BILI) started trading at $10.93, above $0.08 from concluding price of the previous day. However, the stock later moved at a day high price of 11.02, or with a loss of -0.65%. Stock saw a price change of -10.69% in past 5 days and over the past one month there was a price change of -9.64%. Year-to-date (YTD), BILI shares are showing a performance of -11.42% which decreased to -60.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.41 but also hit the highest price of $28.15 during that period. The average intraday trading volume for Bilibili Inc ADR shares is 5.98 million. The stock is currently trading -7.17% below its 20-day simple moving average (SMA20), while that difference is down -15.26% for SMA50 and it goes to -31.52% lower than SMA200.
Yiheng Capital Management LP acquired 11.81 million shares of Bilibili Inc ADR having value of about $133.76 million. Data submitted at the U.S SEC by Yiheng Capital Management LP revealed that the firm now holds 0.53 million shares in the company valued at close to $5725258.0, or have control over 4.71% stake in the company. Bilibili Inc ADR (NASDAQ: BILI) currently have 324.27M outstanding shares and institutions hold larger chunk of about 19.55% of that. Holding of mutual funds in the company is about 14.32% while other institutional holders and individual stake holders have control over 5.05% and — of the stake respectively.
The stock has a current market capitalization of $3.50B and its 3Y-monthly beta is at 0.99. It has posted earnings per share of -$1.74 in the same period. It has Quick Ratio of 1.28 while making debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BILI, volatility over the week remained 3.05% while standing at 3.78% over the month.
Analysts are in expectations that Bilibili Inc ADR (BILI) stock would likely to be making an EPS of $Bilibili Inc. in the current quarter, while forecast for next quarter EPS is $10.78 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Brainstorm Cell Therapeutics In which is $BALI at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $ProShares Trust ProShares Short in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 47.24% while it is estimated to increase by 72.86% in next year.
Analysts at 43 brokerage firms have issued recommendations for the Bilibili Inc ADR (BILI)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.95. Out of those 43 Wall Street analysts, 25 recommended a “Buy” rating, while 11 were in favor recommending the stock as a “Hold” and 4 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on December 04, 2023 offering a Neutral rating for the stock and assigned a target price range of between $22 and $13.20 to it.
