First Trust Advisors LP Has $107.23 Million Holdings in PDD Holdings Inc. (NASDAQ:PDD)

Market Beat
2025.04.23 09:08
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First Trust Advisors LP reduced its stake in PDD Holdings Inc. (NASDAQ:PDD) by 2.4% in Q4, now holding 1,105,523 shares valued at approximately $107.23 million. Other hedge funds have also adjusted their positions, with Stifel Financial Corp increasing its holdings by 172.8%. Analysts have mixed ratings on PDD, with a consensus rating of "Moderate Buy" and a price target of $169.91. PDD's stock opened at $93.69, with a market cap of $128.91 billion and a PE ratio of 9.15.