Baidu, Inc. $BIDU Position Raised by AI Squared Management Ltd
Market Beat·
- AI Squared Management Ltd increased its holdings in Baidu, Inc. by 142.1% in the 2nd quarter, purchasing an additional 91,750 shares to own a total of 156,308 shares valued at $17,864,000.
- Several other institutional investors and hedge funds also adjusted their positions in Baidu, reflecting notable shifts in portfolio allocations during recent quarters.
- Baidu shares opened at $93.21 on Friday, supported by a market capitalization of $31.71 billion and a consensus analyst rating of Moderate Buy with a price target of $156.83.
