68,363 Shares in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) Purchased by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. bought a new stake in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 68,363 shares of the company’s stock, valued at approximately $1,288,000.

Separately, Prudential PLC acquired a new stake in shares of ZEEKR Intelligent Technology in the 2nd quarter worth approximately $4,194,000.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Bank of America reduced their price objective on ZEEKR Intelligent Technology from $30.00 to $26.00 and set a “buy” rating for the company in a report on Thursday, August 22nd. Citigroup initiated coverage on ZEEKR Intelligent Technology in a research note on Monday, June 24th. They set a “buy” rating and a $32.40 price target for the company. The Goldman Sachs Group started coverage on shares of ZEEKR Intelligent Technology in a research note on Tuesday, June 4th. They issued a “buy” rating and a $34.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of ZEEKR Intelligent Technology in a research report on Thursday, June 6th. They set a “buy” rating and a $35.00 target price for the company.

ZEEKR Intelligent Technology Stock Down 1.5 %

NYSE ZK opened at $16.21 on Monday. ZEEKR Intelligent Technology Holding Limited has a fifty-two week low of $13.00 and a fifty-two week high of $32.24. The business has a fifty day moving average of $16.41.

ZEEKR Intelligent Technology (NYSE:ZK) last released its earnings results on Wednesday, August 21st. The company reported ($1.31) earnings per share (EPS) for the quarter. The business had revenue of $2.76 billion for the quarter. As a group, research analysts predict that ZEEKR Intelligent Technology Holding Limited will post -2.31 earnings per share for the current fiscal year.

ZEEKR Intelligent Technology Profile

ZEEKR Intelligent Technology Holding Limited is a battery electric vehicle technology company. Its current product portfolio primarily includes ZEEKR 001, a five-seater, cross-over hatchback; ZEEKR 001 FR, cross-over hatchback; ZEEKR 009, a luxury six-seater MPV; ZEEKR X, a compact SUV and an upscale sedan model.