GDS Holdings $GDS Position Boosted by Bank of America Corp DE

Posted by Francis Steltz on Aug 9th, 2026

Bank of America Corp DE boosted its holdings in GDS Holdings (NASDAQ:GDS – Free Report) by 25.5% during the 1st quarter, Holdings Channel reports. The fund owned 2,177,301 shares of the company’s stock after acquiring an additional 442,414 shares during the quarter. Bank of America Corp DE’s holdings in GDS were worth $87,723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in GDS. Parallel Advisors LLC boosted its position in GDS by 3.5% during the 4th quarter. Parallel Advisors LLC now owns 6,901 shares of the company’s stock worth $241,000 after acquiring an additional 236 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of GDS by 8.4% during the first quarter. PNC Financial Services Group Inc. now owns 3,904 shares of the company’s stock valued at $157,000 after purchasing an additional 303 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of GDS by 4.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,809 shares of the company’s stock valued at $407,000 after purchasing an additional 421 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in shares of GDS by 3.0% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 15,955 shares of the company’s stock valued at $557,000 after purchasing an additional 468 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of GDS by 41.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,806 shares of the company’s stock valued at $55,000 after purchasing an additional 531 shares in the last quarter. Institutional investors own 33.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on GDS shares. TD Cowen reduced their price objective on shares of GDS from $37.00 to $36.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Weiss Ratings raised shares of GDS from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 18th. Zacks Research downgraded shares of GDS from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 24th. Piper Sandler set a $36.00 price target on shares of GDS in a research note on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of GDS from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $48.33.

Check Out Our Latest Stock Analysis on GDS

Insider Transactions at GDS

In other news, Director Judy Qing Ye sold 37,394 shares of GDS stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $36.21, for a total value of $1,354,036.74. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Yixin Qian sold 10,000 shares of GDS stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $35.25, for a total transaction of $352,500.00. Following the completion of the transaction, the vice president directly owned 66,865 shares in the company, valued at $2,356,991.25. This represents a 13.01% decrease in their position. The SEC filing for this sale provides additional information. 7.99% of the stock is currently owned by corporate insiders.

GDS Stock Up 0.4%

Shares of GDS stock opened at $31.98 on Friday. GDS Holdings has a 1 year low of $26.97 and a 1 year high of $48.61. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.87 and a current ratio of 1.87. The business’s fifty day moving average is $32.35 and its 200-day moving average is $38.89. The stock has a market cap of $6.41 billion, a PE ratio of 20.37 and a beta of 0.43.

GDS (NASDAQ:GDS – Get Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $1.56. The business had revenue of $426.12 million during the quarter, compared to analyst estimates of $436.44 million. GDS had a return on equity of 15.62% and a net margin of 23.83%.The company’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.47 earnings per share. Equities analysts expect that GDS Holdings will post 5.81 earnings per share for the current fiscal year.

GDS Company Profile

(Free Report)

GDS Holdings Limited, founded in 2001 and headquartered in Shanghai, is a leading network-neutral data center services provider in China. The company operates a portfolio of state-of-the-art data center facilities designed to support the mission-critical IT infrastructure of cloud service providers, internet enterprises, financial institutions, and government entities. GDS was among the first Chinese providers to offer high-density colocation solutions, catering to customers with demanding computing and storage requirements.

GDS specializes in delivering scalable colocation, cross-connect, and interconnection services within its facilities, enabling clients to establish high-speed, low-latency connections to major cloud platforms and internet exchange points.

GDS Holdings $GDS Position Boosted by Bank of America Corp DE

Analyst Upgrades and Downgrades

Insider Transactions at GDS

GDS Stock Up 0.4%

GDS Company Profile

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