Full Truck Alliance Co. Ltd. Sponsored ADR $YMM Stock Position Lifted by Triata Capital Ltd

Triata Capital Ltd grew its position in shares of Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 98.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,004,719 shares of the company’s stock after buying an additional 995,500 shares during the period. Full Truck Alliance comprises 2.6% of Triata Capital Ltd’s portfolio, making the stock its 11th largest position. Triata Capital Ltd owned 0.19% of Full Truck Alliance worth $21,511,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its holdings in Full Truck Alliance by 150.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,937 shares of the company’s stock worth $32,000 after buying an additional 1,762 shares during the last quarter. Banque de Luxembourg S.A. bought a new position in Full Truck Alliance during the 4th quarter worth approximately $44,000. CoreCap Advisors LLC lifted its holdings in Full Truck Alliance by 2,000.0% during the 4th quarter. CoreCap Advisors LLC now owns 4,200 shares of the company’s stock worth $45,000 after buying an additional 4,000 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Full Truck Alliance by 274.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock worth $46,000 after buying an additional 2,845 shares during the last quarter. Finally, Aquatic Capital Management LLC bought a new position in Full Truck Alliance during the 3rd quarter worth approximately $51,000. Institutional investors own 39.02% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Citigroup reissued a “buy” rating on shares of Full Truck Alliance in a report on Monday, April 20th. Morgan Stanley reissued an “overweight” rating on shares of Full Truck Alliance in a report on Thursday, March 12th. Daiwa Securities Group downgraded Full Truck Alliance from a “buy” rating to a “neutral” rating and set a $9.00 price target on the stock. in a report on Friday, March 13th. JPMorgan Chase & Co. raised Full Truck Alliance from an “underweight” rating to a “neutral” rating and set a $8.00 price target on the stock in a report on Wednesday, April 1st. Finally, Nomura set a $11.00 price target on Full Truck Alliance in a report on Monday. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $10.79.

Full Truck Alliance Price Performance

Shares of Full Truck Alliance stock opened at $8.03 on Wednesday. Full Truck Alliance Co. Ltd. Sponsored ADR has a 1-year low of $8.01 and a 1-year high of $14.07. The company has a market capitalization of $8.37 billion, a P/E ratio of 14.08, a PEG ratio of 0.77 and a beta of 0.30. The business’s fifty day moving average price is $8.63 and its two-hundred day moving average price is $9.50.

Full Truck Alliance (NYSE:YMM) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.01 earnings per share (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 for the quarter. On average, research analysts expect that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.66 earnings per share for the current fiscal year.

Full Truck Alliance Profile

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.