Yatsen Holding Limited Sponsored ADR $YSG Shares Sold by Pinpoint Asset Management Singapore Pte. Ltd.

Pinpoint Asset Management Singapore Pte. Ltd. lowered its position in Yatsen Holding Limited Sponsored ADR (NYSE:YSG) by 83.1% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 39,190 shares of the company’s stock after selling 193,318 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd.’s holdings in Yatsen were worth $355,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Diversify Advisory Services LLC raised its position in shares of Yatsen by 27.6% in the third quarter. Diversify Advisory Services LLC now owns 45,174 shares of the company’s stock valued at $409,000 after buying an additional 9,763 shares during the last quarter. Barclays PLC lifted its stake in Yatsen by 20.4% in the 3rd quarter. Barclays PLC now owns 162,820 shares of the company’s stock worth $1,475,000 after purchasing an additional 27,628 shares in the last quarter. Keystone Investors PTE Ltd. lifted its stake in Yatsen by 31.1% in the 3rd quarter. Keystone Investors PTE Ltd. now owns 138,166 shares of the company’s stock worth $1,252,000 after purchasing an additional 32,766 shares in the last quarter. Diversify Wealth Management LLC boosted its holdings in shares of Yatsen by 6.1% during the 3rd quarter. Diversify Wealth Management LLC now owns 129,705 shares of the company’s stock worth $1,175,000 after purchasing an additional 7,421 shares during the last quarter. Finally, Alliance Wealth Advisors LLC UT purchased a new stake in shares of Yatsen in the third quarter valued at approximately $92,000.

Yatsen Stock Down 0.3%

NYSE:YSG opened at $3.76 on Monday. Yatsen Holding Limited Sponsored ADR has a 52 week low of $3.30 and a 52 week high of $11.57. The stock’s fifty day moving average is $4.18 and its two-hundred day moving average is $6.29. The company has a market capitalization of $353.46 million, a P/E ratio of -28.92 and a beta of -2.06.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Yatsen in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Yatsen Company Profile

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.