Hesai Group Sponsored ADR $HSAI is Long Corridor Asset Management Ltd’s 9th Largest Position

Posted by Brenda Bartman on Jun 12th, 2026

Long Corridor Asset Management Ltd raised its stake in shares of Hesai Group Sponsored ADR (NASDAQ:HSAI – Free Report) by 270.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 370,000 shares of the company’s stock after acquiring an additional 270,000 shares during the quarter. Hesai Group makes up 0.5% of Long Corridor Asset Management Ltd’s portfolio, making the stock its 9th biggest position. Long Corridor Asset Management Ltd’s holdings in Hesai Group were worth $8,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in HSAI. SBI Securities Co. Ltd. boosted its stake in Hesai Group by 37.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 2,738 shares of the company’s stock valued at $61,000 after acquiring an additional 746 shares during the last quarter. Legal & General Group Plc bought a new position in Hesai Group during the 3rd quarter valued at $71,000. Eurizon Capital SGR S.p.A. bought a new position in Hesai Group during the 4th quarter valued at $88,000. Leonteq Securities AG bought a new position in Hesai Group during the 4th quarter valued at $106,000. Finally, Daiwa Securities Group Inc. bought a new position in Hesai Group during the 2nd quarter valued at $108,000. 48.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HSAI has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of Hesai Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. BNP Paribas Exane initiated coverage on shares of Hesai Group in a research note on Thursday, March 26th. They set an “outperform” rating on the stock. Finally, Wall Street Zen upgraded shares of Hesai Group from a “sell” rating to a “hold” rating in a research note on Sunday, May 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hesai Group presently has an average rating of “Buy” and an average price target of $30.13.

Read Our Latest Report on HSAI

Hesai Group Stock Up 3.0%

Shares of NASDAQ:HSAI opened at $18.06 on Friday. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 41.06, a price-to-earnings-growth ratio of 0.67 and a beta of 1.33. Hesai Group Sponsored ADR has a 1-year low of $14.69 and a 1-year high of $30.85. The company’s fifty day moving average is $21.32 and its two-hundred day moving average is $22.99. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.52 and a current ratio of 4.97.

Hesai Group (NASDAQ:HSAI – Get Free Report) last issued its earnings results on Friday, May 15th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The company had revenue of $98.71 million for the quarter, compared to analysts’ expectations of $96.50 million. Hesai Group had a net margin of 14.75% and a return on equity of 6.03%. Equities analysts anticipate that Hesai Group Sponsored ADR will post 0.66 EPS for the current year.

Hesai Group Profile

(Free Report)

Hesai Group is a technology company specializing in the development and production of advanced LiDAR (Light Detection and Ranging) sensors and perception software platforms for autonomous vehicles, robotics, industrial automation and mapping applications. The company’s core business centers on delivering high-performance, high-reliability LiDAR solutions designed to enable precise three-dimensional sensing and real-time environment perception. Hesai’s product lineup spans mechanical rotating LiDAR units, solid-state and MEMS-based sensors, as well as integrated software stacks for object detection, tracking and data fusion.

Founded in 2014 by a team of laser sensing and robotics researchers, Hesai built its reputation on improving range, resolution and reliability of LiDAR systems while driving down cost and size.