<div id="readability-page-1"><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/pdd-holdings-inc-logo-1200x675.jpg/query-dj0yMDIzMTIxNDEyNDE0NA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="675" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/pdd-holdings-inc-logo-1200x675.jpg/query-dj0yMDIzMTIxNDEyNDE0NA"/>Massachusetts Financial Services Co. MA lifted its position in shares of PDD Holdings Inc. (NASDAQ:PDD - Free Report) by 21.4% in the 4th quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The fund owned 133,037 shares of the company's stock after buying an additional 23,429 shares during the quarter. Massachusetts Financial Services Co. MA's holdings in PDD were worth $19,465,000 at the end of the most recent quarter.</p><ul><li>Alibaba Stock Analysis: Insights, Trends, and Future Predictions</li></ul><p>A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PDD. SRS Capital Advisors Inc. boosted its stake in PDD by 294.4% in the 3rd quarter. SRS Capital Advisors Inc. now owns 280 shares of the company's stock worth $27,000 after buying an additional 209 shares during the last quarter. Turim 21 Investimentos Ltda. purchased a new position in shares of PDD during the 3rd quarter worth about $55,000. AJOVista LLC acquired a new stake in shares of PDD in the fourth quarter worth approximately $103,000. Tennessee Valley Asset Management Partners purchased a new stake in PDD in the fourth quarter valued at approximately $144,000. Finally, Shen Neil Nanpeng acquired a new position in PDD during the third quarter worth approximately $175,000. Institutional investors and hedge funds own 29.07% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>PDD has been the subject of a number of research analyst reports. Benchmark upped their price objective on PDD from $215.00 to $220.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, March 21st. Citigroup raised their target price on PDD from $170.00 to $185.00 and gave the company a &#34;buy&#34; rating in a report on Thursday, March 21st. Jefferies Financial Group upped their price target on PDD from $157.00 to $161.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, March 21st. Barclays lifted their price objective on shares of PDD from $164.00 to $178.00 and gave the company an &#34;overweight&#34; rating in a research note on Thursday, March 21st. Finally, The Goldman Sachs Group downgraded shares of PDD from a &#34;buy&#34; rating to a &#34;neutral&#34; rating and set a $136.00 price target on the stock. in a research note on Monday, March 11th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, PDD currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $146.85.</p><ul><li>PDD Holdings Stock Can Have Another Double-Digit Rally This Week</li></ul><p><b>Read Our Latest Stock Analysis on PDD</b></p><h2>PDD Trading Up 2.0 %</h2><p>Shares of NASDAQ PDD opened at $146.19 on Friday. PDD Holdings Inc. has a 12-month low of $59.98 and a 12-month high of $152.99. The company has a market cap of $201.14 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 0.38 and a beta of 0.67. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.03. The stock's 50 day simple moving average is $125.31 and its 200 day simple moving average is $129.93. </p><ul><li>Wall Street is surprisingly most bullish on these 3 Nasdaq stocks</li></ul><p>PDD (NASDAQ:PDD - Get Free Report) last posted its earnings results on Wednesday, March 20th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.81. The company had revenue of $12.52 billion for the quarter, compared to analysts' expectations of $11.80 billion. PDD had a return on equity of 39.10% and a net margin of 24.23%. Equities research analysts expect that PDD Holdings Inc. will post 7.85 EPS for the current year. </p><h2>About PDD</h2> (Free Report)<p>PDD Holdings Inc, a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than PDD</li><li>3 Healthcare Dividend Stocks to Buy</li><li>MarketBeat Week in Review – 5/13 - 5/17</li><li>Industrial Products Stocks Investing </li><li>Take-Two Interactive Software Offers 2nd Chance for Investors</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Deere &amp; Company’s Q2 Report: Strong Revenue, Cautious Outlook </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UERE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UERE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ get a piece of the profit from this land  <span><span><span>(From True Market Insiders)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03OTEy?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03OTEy"/></span></p><h2>Should you invest $1,000 in PDD right now?</h2><p>Before you consider PDD, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PDD wasn't on the list.</p><p>While PDD currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

NDAQ

<p>Massachusetts Financial Services Co. MA increased its position in PDD Holdings Inc. by 21.4% in the 4th quarter, according to its recent filing with the Securities & Exchange Commission. The fund now owns 133,037 shares of PDD worth $19,465,000. Other hedge funds and institutional investors have also added to their stakes in PDD. PDD has received positive ratings from multiple research analyst reports. The stock's 50-day simple moving average is $125.31 and its 200-day simple moving average is $129.93. PDD reported earnings per share of $2.23 for the quarter, beating analysts' estimates.</p>

Massachusetts Financial Services Co. MA Raises Stock Position in PDD Holdings Inc. (NASDAQ:PDD)