Key Points
- Autohome CFO Craig Yan Zeng sold 9,316 shares at an average price of $5.29, totaling $49,281.64. His remaining direct ownership fell 5.48% to 160,624 shares.
- Analyst sentiment remains cautious: five analysts rate Autohome “Hold” and one rates it “Sell,” resulting in an average rating of “Reduce” and a consensus price target of $17.77.
- Institutional investors own 63.08% of Autohome, with several funds—including Bank of America and Royal Bank of Canada—increasing their positions recently.
Autohome Inc. (NYSE:ATHM - Get Free Report) CTO Bibo Xiang sold 5,588 shares of the company's stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total transaction of $29,560.52. Following the completion of the transaction, the chief technology officer owned 56,780 shares of the company's stock, valued at $300,366.20. This trade represents a 8.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Autohome Stock Down 1.7%
Shares of ATHM stock opened at $20.90 on Friday. The firm has a fifty day moving average of $22.04 and a 200-day moving average of $19.69. Autohome Inc. has a 12-month low of $15.57 and a 12-month high of $29.18. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 18.02 and a beta of 0.27.
Institutional Investors Weigh In On Autohome
Several large investors have recently made changes to their positions in ATHM. Parallel Advisors LLC increased its holdings in Autohome by 119.4% during the first quarter. Parallel Advisors LLC now owns 5,256 shares of the information services provider's stock worth $91,000 after buying an additional 2,860 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Autohome in the fourth quarter valued at $172,000. OMERS ADMINISTRATION Corp acquired a new stake in Autohome in the first quarter valued at $184,000. Y Intercept Hong Kong Ltd bought a new position in shares of Autohome in the 1st quarter valued at about $834,000. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in shares of Autohome by 4.6% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 40,169 shares of the information services provider's stock valued at $894,000 after acquiring an additional 1,751 shares during the period. Institutional investors and hedge funds own 63.08% of the company's stock.
Analyst Ratings Changes
Several research firms have issued reports on ATHM. Zacks Research raised Autohome from a "strong sell" rating to a "hold" rating in a research note on Friday, August 7th. Weiss Ratings upgraded Autohome from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, September 22nd. Wall Street Zen raised Autohome from a "sell" rating to a "hold" rating in a research report on Saturday, August 22nd. Finally, Bank of America downgraded Autohome from a "neutral" rating to an "underperform" rating and set a $19.00 price objective for the company. in a report on Tuesday, August 18th. Five research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $17.77.
View Our Latest Analysis on ATHM
Autohome Company Profile
(
Get Free Report)
Autohome Inc (NYSE: ATHM) operates an online platform serving automobile consumers and industry participants in China. The company provides automotive news, reviews, buying guides, videos and other user-generated or professionally produced content designed to help consumers research vehicles and make purchasing decisions.
Through its websites and mobile applications, including Autohome and Che168, the company offers vehicle search and comparison tools, pricing information, listings for new and used vehicles, dealer information and online communities.
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