Working Capital Advisors UK Ltd. Has $16.99 Million Holdings in Full Truck Alliance Co. Ltd. Sponsored ADR $YMM

Working Capital Advisors UK Ltd. lifted its position in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 124.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,583,350 shares of the company’s stock after buying an additional 877,853 shares during the quarter. Full Truck Alliance accounts for about 22.7% of Working Capital Advisors UK Ltd.’s investment portfolio, making the stock its 2nd biggest holding. Working Capital Advisors UK Ltd.’s holdings in Full Truck Alliance were worth $16,989,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Banque de Luxembourg S.A. bought a new stake in Full Truck Alliance during the fourth quarter worth approximately $44,000. CoreCap Advisors LLC boosted its position in Full Truck Alliance by 2,000.0% during the fourth quarter. CoreCap Advisors LLC now owns 4,200 shares of the company’s stock worth $45,000 after purchasing an additional 4,000 shares during the period. EverSource Wealth Advisors LLC boosted its position in Full Truck Alliance by 274.9% during the second quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock worth $46,000 after purchasing an additional 2,845 shares during the period. Aquatic Capital Management LLC bought a new stake in Full Truck Alliance during the third quarter worth approximately $51,000. Finally, Shen Neil Nanpeng bought a new stake in Full Truck Alliance during the third quarter worth approximately $93,000. Institutional investors own 39.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Weiss Ratings cut Full Truck Alliance from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Nomura assumed coverage on Full Truck Alliance in a research report on Friday. They set a “buy” rating for the company. Morgan Stanley reaffirmed an “overweight” rating on shares of Full Truck Alliance in a research report on Thursday, March 12th. Daiwa Securities Group cut Full Truck Alliance from a “buy” rating to a “neutral” rating and set a $9.00 target price for the company. in a research report on Friday, March 13th. Finally, Bank of America assumed coverage on Full Truck Alliance in a research report on Tuesday, May 5th. They set a “buy” rating and a $11.30 target price for the company. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Full Truck Alliance has a consensus rating of “Moderate Buy” and a consensus target price of $10.76.

Full Truck Alliance Stock Down 0.6%

Shares of YMM stock opened at $8.42 on Friday. Full Truck Alliance Co. Ltd. Sponsored ADR has a 12 month low of $8.04 and a 12 month high of $14.07. The firm has a market cap of $8.77 billion, a PE ratio of 14.76, a price-to-earnings-growth ratio of 0.78 and a beta of 0.30. The stock has a 50 day moving average of $8.63 and a 200-day moving average of $9.55.

Full Truck Alliance (NYSE:YMM) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.01 EPS for the quarter. Full Truck Alliance had a return on equity of 10.52% and a net margin of 32.68%.The company had revenue of $456.32 million during the quarter. As a group, equities analysts predict that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.66 EPS for the current fiscal year.

About Full Truck Alliance

Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.