SG Americas Securities LLC Has $2.35 Million Stock Holdings in Full Truck Alliance Co. Ltd. Sponsored ADR $YMM

SG Americas Securities LLC decreased its position in Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) by 92.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 180,819 shares of the company’s stock after selling 2,227,777 shares during the quarter. SG Americas Securities LLC’s holdings in Full Truck Alliance were worth $2,345,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Hantz Financial Services Inc. raised its holdings in Full Truck Alliance by 642.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,784 shares of the company’s stock worth $45,000 after acquiring an additional 3,274 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Full Truck Alliance by 274.9% in the second quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock valued at $46,000 after purchasing an additional 2,845 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Full Truck Alliance in the second quarter worth about $111,000. Daiwa Securities Group Inc. acquired a new position in shares of Full Truck Alliance during the 2nd quarter worth about $118,000. Finally, Vise Technologies Inc. bought a new stake in Full Truck Alliance during the 2nd quarter valued at approximately $160,000. 39.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on YMM. Morgan Stanley set a $14.00 target price on Full Truck Alliance in a report on Monday, November 17th. Barclays dropped their target price on shares of Full Truck Alliance from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 19th. Weiss Ratings reissued a “buy (b-)” rating on shares of Full Truck Alliance in a report on Wednesday, October 8th. Industrial Alliance Securities set a $8.00 price objective on shares of Full Truck Alliance in a report on Monday. Finally, Jefferies Financial Group set a $13.00 price objective on shares of Full Truck Alliance in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $12.71.

Full Truck Alliance Price Performance

YMM opened at $10.09 on Wednesday. The company has a market capitalization of $10.55 billion, a P/E ratio of 19.03 and a beta of 0.22. The firm’s fifty day moving average price is $11.32 and its two-hundred day moving average price is $12.09. Full Truck Alliance Co. Ltd. Sponsored ADR has a fifty-two week low of $9.45 and a fifty-two week high of $14.07.

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.