PEAK6 LLC Reduces Stock Position in Kingsoft Cloud Holdings Limited Sponsored ADR $KC

PEAK6 LLC lessened its holdings in Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KCFree Report) by 91.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,154 shares of the company’s stock after selling 255,646 shares during the quarter. PEAK6 LLC’s holdings in Kingsoft Cloud were worth $239,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in KC. Artisan Partners Limited Partnership grew its holdings in shares of Kingsoft Cloud by 16.4% in the fourth quarter. Artisan Partners Limited Partnership now owns 4,016,945 shares of the company’s stock worth $41,535,000 after purchasing an additional 564,907 shares during the last quarter. Defiance ETFs LLC purchased a new stake in Kingsoft Cloud in the 4th quarter valued at about $6,463,000. Maxi Investments CY Ltd bought a new position in Kingsoft Cloud in the 4th quarter worth about $5,980,000. LMR Partners LLP grew its stake in Kingsoft Cloud by 1,114.5% in the 2nd quarter. LMR Partners LLP now owns 518,200 shares of the company’s stock worth $6,488,000 after acquiring an additional 475,533 shares in the last quarter. Finally, Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of Kingsoft Cloud during the third quarter worth approximately $6,896,000. 13.40% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KC has been the subject of a number of research reports. Jefferies Financial Group boosted their price target on Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Zacks Research downgraded Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Kingsoft Cloud currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.53.

Check Out Our Latest Analysis on Kingsoft Cloud

Kingsoft Cloud Stock Performance

Shares of Kingsoft Cloud stock opened at $10.06 on Friday. The company has a market capitalization of $3.04 billion, a PE ratio of -21.40 and a beta of 1.94. The company has a 50-day simple moving average of $14.36 and a two-hundred day simple moving average of $13.23. Kingsoft Cloud Holdings Limited Sponsored ADR has a one year low of $9.81 and a one year high of $18.52. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.03.

Kingsoft Cloud (NASDAQ:KCGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.17) earnings per share for the quarter. Kingsoft Cloud had a negative net margin of 9.38% and a negative return on equity of 11.67%. The firm had revenue of $392.15 million during the quarter. Research analysts expect that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.46 EPS for the current fiscal year.

Kingsoft Cloud Company Profile

(Free Report)

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.

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Institutional Ownership by Quarter for Kingsoft Cloud (NASDAQ:KC)

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