Kingsoft Cloud Holdings Limited Sponsored ADR $KC Shares Purchased by Penserra Capital Management LLC

Penserra Capital Management LLC increased its stake in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC - Free Report) by 32.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 631,442 shares of the company's stock after purchasing an additional 155,788 shares during the period. Penserra Capital Management LLC owned approximately 0.21% of Kingsoft Cloud worth $9,421,000 at the end of the most recent reporting period.Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of Kingsoft Cloud by 2,541.3% during the second quarter. JPMorgan Chase & Co. now owns 1,129,120 shares of the company's stock worth $14,137,000 after buying an additional 1,086,372 shares during the period. LMR Partners LLP lifted its stake in Kingsoft Cloud by 1,114.5% during the 2nd quarter. LMR Partners LLP now owns 518,200 shares of the company's stock worth $6,488,000 after acquiring an additional 475,533 shares in the last quarter. Infini Capital Management Ltd purchased a new position in Kingsoft Cloud during the 2nd quarter valued at about $2,259,000. HRT Financial LP grew its position in Kingsoft Cloud by 338.7% in the 2nd quarter. HRT Financial LP now owns 192,671 shares of the company's stock valued at $2,412,000 after acquiring an additional 148,752 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Kingsoft Cloud by 51.5% during the second quarter. Bank of America Corp DE now owns 271,263 shares of the company's stock worth $3,396,000 after purchasing an additional 92,185 shares during the period. Hedge funds and other institutional investors own 13.40% of the company's stock. Get Kingsoft Cloud alerts:Analyst Upgrades and DowngradesSeveral research firms have recently commented on KC. Zacks Research raised shares of Kingsoft Cloud from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 27th. Weiss Ratings reissued a "sell (d-)" rating on shares of Kingsoft Cloud in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $19.65.View Our Latest Analysis on KCKingsoft Cloud Price PerformanceKingsoft Cloud stock opened at $12.12 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $3.66 billion, a P/E ratio of -23.31 and a beta of 2.07. The firm has a fifty day moving average of $11.79 and a 200-day moving average of $13.22. Kingsoft Cloud Holdings Limited Sponsored ADR has a 52-week low of $10.29 and a 52-week high of $22.26. Kingsoft Cloud Company Profile (Free Report)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.Read MoreFive stocks we like better than Kingsoft CloudThe day the gold market brokeBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyTrump Planning to Use Public Law 63-43: Prepare NowForget AI, This Will Be the Next Big Tech BreakthroughWhat a Former CIA Agent Knows About the Coming CollapseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Kingsoft Cloud Right Now?Before you consider Kingsoft Cloud, you'll want to hear this.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 Kingsoft Cloud wasn't on the list.While Kingsoft Cloud currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here