Xunlei (NASDAQ:XNET) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Posted by Geri Gentry on Jul 31st, 2026

Xunlei Limited (NASDAQ:XNET – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.95 and traded as low as $5.20. Xunlei shares last traded at $5.23, with a volume of 254,742 shares trading hands.

Wall Street Analyst Weigh In

XNET has been the subject of several analyst reports. Wall Street Zen downgraded shares of Xunlei from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings raised shares of Xunlei from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on XNET

Xunlei Stock Down 5.7%

The company has a debt-to-equity ratio of 0.03, a current ratio of 2.11 and a quick ratio of 2.11. The company has a market capitalization of $339.89 million, a P/E ratio of 0.39 and a beta of 1.12. The stock has a 50-day moving average price of $5.45 and a 200-day moving average price of $5.94.

Xunlei announced that its board has authorized a share repurchase plan on Friday, June 26th that permits the company to buyback $0.00 in shares. This buyback authorization permits the software maker to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of XNET. NewEdge Advisors LLC increased its position in shares of Xunlei by 9,106.5% during the first quarter. NewEdge Advisors LLC now owns 18,413 shares of the software maker’s stock worth $83,000 after buying an additional 18,213 shares during the period. Walleye Capital LLC acquired a new position in Xunlei in the second quarter valued at $51,000. Marshall Wace LLP acquired a new position in Xunlei in the second quarter valued at $219,000. Jane Street Group LLC boosted its position in Xunlei by 827.1% during the second quarter. Jane Street Group LLC now owns 88,917 shares of the software maker’s stock valued at $360,000 after acquiring an additional 101,146 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in Xunlei during the third quarter valued at $153,000. Institutional investors and hedge funds own 5.07% of the company’s stock.

About Xunlei

(Get Free Report)

Xunlei Limited (NASDAQ: XNET) is a China-based technology company specializing in content acceleration and cloud services. Its core offerings include the Xunlei download manager, which integrates peer-to-peer (P2P) and cloud-based acceleration technologies to enhance file delivery speeds for large downloads. The company has expanded its suite of products to encompass cloud storage solutions, media streaming applications and mobile browsing tools, all aimed at improving digital content distribution and user experience.

Founded in 2003 and headquartered in Shenzhen, Xunlei originally gained traction by addressing bandwidth constraints in China’s burgeoning internet market.