Headlands Technologies LLC Acquires New Holdings in Kingsoft Cloud Holdings Limited Sponsored ADR $KC

Headlands Technologies LLC bought a new position in shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 64,988 shares of the company’s stock, valued at approximately $588,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new position in shares of Kingsoft Cloud in the first quarter worth approximately $9,456,000. Defiance ETFs LLC acquired a new stake in Kingsoft Cloud during the 4th quarter valued at approximately $6,463,000. Maxi Investments CY Ltd acquired a new stake in Kingsoft Cloud during the 4th quarter valued at approximately $5,980,000. Artisan Partners Limited Partnership raised its holdings in Kingsoft Cloud by 16.4% during the 4th quarter. Artisan Partners Limited Partnership now owns 4,016,945 shares of the company’s stock worth $41,535,000 after purchasing an additional 564,907 shares during the last quarter. Finally, LMR Partners LLP raised its holdings in Kingsoft Cloud by 1,114.5% during the 2nd quarter. LMR Partners LLP now owns 518,200 shares of the company’s stock worth $6,488,000 after purchasing an additional 475,533 shares during the last quarter. 13.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Tao Zou sold 300,000 shares of the stock in a transaction on Friday, July 17th. The shares were sold at an average price of $0.64, for a total transaction of $192,000.00. Following the transaction, the chief executive officer directly owned 1,700,000 shares of the company’s stock, valued at $1,088,000. This represents a 15.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 14.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Morgan Stanley started coverage on shares of Kingsoft Cloud in a research report on Tuesday, July 7th. They issued an “overweight” rating and a $15.00 price target on the stock. The Goldman Sachs Group set a $18.00 target price on shares of Kingsoft Cloud in a research note on Tuesday. Bank of America restated a “buy” rating on shares of Kingsoft Cloud in a report on Wednesday, August 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Friday, July 17th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Kingsoft Cloud in a report on Wednesday, August 19th. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Kingsoft Cloud has an average rating of “Moderate Buy” and a consensus target price of $17.75.

Kingsoft Cloud Stock Performance

Shares of KC stock opened at $10.25 on Thursday. The company has a market cap of $3.10 billion, a price-to-earnings ratio of -36.61 and a beta of 1.97. Kingsoft Cloud Holdings Limited Sponsored ADR has a 52 week low of $8.35 and a 52 week high of $18.52. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.39. The firm has a 50 day moving average of $10.48 and a 200-day moving average of $12.67.

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.