International Assets Investment Management LLC Sells 74,590 Shares of NIO Inc. $NIO

International Assets Investment Management LLC cut its stake in NIO Inc. (NYSE:NIO) by 81.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,890 shares of the company’s stock after selling 74,590 shares during the period. International Assets Investment Management LLC’s holdings in NIO were worth $58,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. WMG Financial Advisors LLC boosted its holdings in NIO by 17.9% in the second quarter. WMG Financial Advisors LLC now owns 474,966 shares of the company’s stock valued at $1,629,000 after acquiring an additional 72,170 shares during the last quarter. Vontobel Holding Ltd. boosted its holdings in NIO by 125.2% in the second quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company’s stock valued at $3,754,000 after acquiring an additional 608,377 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in NIO by 2.2% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 220,694 shares of the company’s stock valued at $757,000 after acquiring an additional 4,846 shares during the last quarter. Trilogy Capital Inc. boosted its holdings in NIO by 8.8% in the second quarter. Trilogy Capital Inc. now owns 157,106 shares of the company’s stock valued at $539,000 after acquiring an additional 12,750 shares during the last quarter. Finally, Ballentine Partners LLC boosted its holdings in NIO by 26.8% in the second quarter. Ballentine Partners LLC now owns 40,200 shares of the company’s stock valued at $138,000 after acquiring an additional 8,503 shares during the last quarter. 48.55% of the stock is currently owned by institutional investors.

NIO Stock Up 0.3%

Shares of NYSE:NIO opened at $6.91 on Friday. NIO Inc. has a twelve month low of $3.02 and a twelve month high of $8.02. The stock’s 50 day moving average is $6.72 and its 200-day moving average is $4.90. The firm has a market capitalization of $14.42 billion, a price-to-earnings ratio of -4.32 and a beta of 1.30.

NIO (NYSE:NIO) last issued its earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.02). NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $20.07 billion. During the same period in the previous year, the company earned ($2.21) earnings per share. NIO’s revenue for the quarter was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that NIO Inc. will post -1.43 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on NIO. JPMorgan Chase & Co. upgraded NIO from a “neutral” rating to an “overweight” rating and upped their target price for the company from $4.80 to $8.00 in a report on Tuesday, August 26th. Morgan Stanley restated a “buy” rating on shares of NIO in a report on Monday, July 14th. UBS Group upgraded NIO from a “neutral” rating to a “buy” rating and increased their price target for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. Bank of America increased their price target on NIO from $5.00 to $7.10 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of NIO in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $6.35.

NIO Company Profile

NIO Inc designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.