Kingsoft Cloud Holdings Limited Sponsored ADR $KC Shares Purchased by Penserra Capital Management LLC

Penserra Capital Management LLC grew its holdings in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) by 32.8% in the 3rd quarter, Holdings Channel reports. The fund owned 631,442 shares of the company’s stock after acquiring an additional 155,788 shares during the period. Penserra Capital Management LLC’s holdings in Kingsoft Cloud were worth $9,421,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Y Intercept Hong Kong Ltd purchased a new position in Kingsoft Cloud in the third quarter valued at about $262,000. Shilanski & Associates Inc. purchased a new position in shares of Kingsoft Cloud during the 3rd quarter valued at approximately $183,000. Burns Matteson Capital Management LLC grew its position in shares of Kingsoft Cloud by 23.1% during the third quarter. Burns Matteson Capital Management LLC now owns 11,741 shares of the company’s stock worth $175,000 after buying an additional 2,207 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Kingsoft Cloud by 13.2% in the third quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock worth $135,000 after buying an additional 1,053 shares during the last quarter. Finally, Infini Capital Management Ltd acquired a new stake in Kingsoft Cloud in the second quarter valued at $2,259,000. Institutional investors and hedge funds own 13.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Thursday, January 22nd. Zacks Research raised Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy 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 target price of $19.65.

Kingsoft Cloud Trading Down 7.7%

Kingsoft Cloud stock opened at $12.12 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.93 and a current ratio of 0.93. Kingsoft Cloud Holdings Limited Sponsored ADR has a 1 year low of $10.29 and a 1 year high of $22.26. The firm’s 50-day moving average is $11.79 and its 200-day moving average is $13.22. The company has a market cap of $3.66 billion, a P/E ratio of -23.31 and a beta of 2.07.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.