50,834 Shares in Kingsoft Cloud Holdings Limited Sponsored ADR $KC Purchased by Fideuram Asset Management Ireland dac

Fideuram Asset Management Ireland dac purchased a new position in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,834 shares of the company’s stock, valued at approximately $526,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Maxi Investments CY Ltd purchased a new position in Kingsoft Cloud in the fourth quarter valued at about $5,980,000. Penserra Capital Management LLC grew its position in shares of Kingsoft Cloud by 32.8% during the 3rd quarter. Penserra Capital Management LLC now owns 631,442 shares of the company’s stock valued at $9,421,000 after acquiring an additional 155,788 shares during the period. Artisan Partners Limited Partnership bought a new position in shares of Kingsoft Cloud during the 3rd quarter valued at approximately $51,504,000. Fox Run Management L.L.C. bought a new position in shares of Kingsoft Cloud during the 3rd quarter valued at approximately $560,000. Finally, Personal CFO Solutions LLC grew its position in shares of Kingsoft Cloud by 11.1% during the 3rd quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock valued at $182,000 after acquiring an additional 1,212 shares during the period. 13.40% of the stock is currently owned by hedge funds and other institutional investors.

Kingsoft Cloud Stock Performance

Kingsoft Cloud stock opened at $12.28 on Friday. The firm’s 50 day simple moving average is $15.08 and its 200 day simple moving average is $13.29. The company has a current ratio of 1.03, a quick ratio of 1.17 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $3.71 billion, a PE ratio of -26.13 and a beta of 2.04. Kingsoft Cloud Holdings Limited Sponsored ADR has a 1-year low of $10.29 and a 1-year high of $18.52.

Kingsoft Cloud (NASDAQ:KC) last announced its earnings results on Friday, May 15th. The company reported ($0.17) earnings per share (EPS) for the quarter. Kingsoft Cloud had a negative net margin of 9.38% and a negative return on equity of 11.67%. The company had revenue of $392.15 million for the quarter. As a group, analysts expect that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KC has been the subject of a number of research reports. Zacks Research downgraded shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Jefferies Financial Group increased their target price on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Tuesday, April 21st. Finally, The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 target price for the company in a research report on Tuesday, February 10th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.53.

Kingsoft Cloud Profile

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.