23,568 Shares in EHang Holdings Limited (NASDAQ:EH) Bought by Nomura Holdings Inc.

Nomura Holdings Inc. acquired a new stake in EHang Holdings Limited (NASDAQ:EH) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 23,568 shares of the company’s stock, valued at approximately $396,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Axim Planning & Wealth grew its stake in shares of EHang by 4.1% during the fourth quarter. Axim Planning & Wealth now owns 3,902,410 shares of the company’s stock worth $65,560,000 after buying an additional 155,494 shares during the last quarter. Carmignac Gestion increased its holdings in EHang by 1.3% in the 4th quarter. Carmignac Gestion now owns 1,893,323 shares of the company’s stock worth $31,813,000 after purchasing an additional 24,113 shares in the last quarter. Vanguard Group Inc. raised its position in EHang by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,549,512 shares of the company’s stock valued at $27,922,000 after purchasing an additional 24,121 shares during the last quarter. Quadrature Capital Ltd grew its holdings in shares of EHang by 39.4% during the fourth quarter. Quadrature Capital Ltd now owns 76,970 shares of the company’s stock worth $1,294,000 after purchasing an additional 21,772 shares during the last quarter. Finally, Lansdowne Partners UK LLP bought a new stake in shares of EHang during the third quarter worth about $800,000. Institutional investors own 94.03% of the company’s stock.

Analyst Ratings Changes

Separately, Morgan Stanley assumed coverage on shares of EHang in a research report on Monday, May 6th. They set an “overweight” rating and a $27.50 target price on the stock.

EHang Stock Up 2.1 %

Shares of NASDAQ:EH opened at $14.35 on Friday. The firm has a market cap of $911.31 million, a P/E ratio of -23.15 and a beta of 1.06. EHang Holdings Limited has a 12-month low of $9.51 and a 12-month high of $25.78. The business has a fifty day simple moving average of $16.73 and a 200 day simple moving average of $15.25. The company has a quick ratio of 1.69, a current ratio of 1.97 and a debt-to-equity ratio of 0.07.

EHang (NASDAQ:EH) last issued its quarterly earnings data on Monday, May 20th. The company reported ($0.14) earnings per share (EPS) for the quarter. EHang had a negative return on equity of 145.90% and a negative net margin of 176.72%. The company had revenue of $8.55 million for the quarter. Analysts predict that EHang Holdings Limited will post -0.41 earnings per share for the current year.

EHang Company Profile

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.