Insight Wealth Strategies LLC Has $1.22 Million Stock Holdings in Autohome Inc (NYSE:ATHM)

Insight Wealth Strategies LLC increased its stake in shares of Autohome Inc (NYSE:ATHM) by 9.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,675 shares of the information services provider’s stock after purchasing an additional 1,318 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Autohome were worth $1,220,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ATHM. WINTON GROUP Ltd increased its position in Autohome by 4.6% during the 2nd quarter. WINTON GROUP Ltd now owns 2,981 shares of the information services provider’s stock worth $255,000 after purchasing an additional 130 shares in the last quarter. Xact Kapitalforvaltning AB increased its position in Autohome by 9.0% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 10,900 shares of the information services provider’s stock worth $933,000 after purchasing an additional 900 shares in the last quarter. NN Investment Partners Holdings N.V. increased its position in Autohome by 100.0% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 4,000 shares of the information services provider’s stock worth $342,000 after purchasing an additional 2,000 shares in the last quarter. SevenBridge Financial Group LLC increased its position in Autohome by 26.3% during the 2nd quarter. SevenBridge Financial Group LLC now owns 1,192 shares of the information services provider’s stock worth $102,000 after purchasing an additional 248 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in Autohome by 12,188.5% during the 2nd quarter. Bessemer Group Inc. now owns 127,309 shares of the information services provider’s stock worth $10,900,000 after purchasing an additional 126,273 shares in the last quarter. Institutional investors and hedge funds own 57.25% of the company’s stock.

NYSE ATHM traded up $0.86 on Wednesday, hitting $75.06. The company’s stock had a trading volume of 38,297 shares, compared to its average volume of 931,202. The company’s 50-day moving average is $83.57 and its 200 day moving average is $88.46. Autohome Inc has a 1-year low of $66.56 and a 1-year high of $117.99. The firm has a market cap of $8.74 billion, a PE ratio of 20.07, a PEG ratio of 1.30 and a beta of 1.30.

Autohome (NYSE:ATHM) last posted its quarterly earnings data on Tuesday, November 5th. The information services provider reported $0.82 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.01. Autohome had a net margin of 37.62% and a return on equity of 27.20%. The company had revenue of $303.60 million for the quarter, compared to analyst estimates of $306.01 million. During the same period in the prior year, the firm posted $0.84 EPS. The company’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, research analysts expect that Autohome Inc will post 3.68 earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on the stock. Sanford C. Bernstein cut shares of Autohome from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 6th. Zacks Investment Research upgraded shares of Autohome from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Benchmark cut shares of Autohome from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Mizuho initiated coverage on shares of Autohome in a research report on Friday, September 6th. They issued a “neutral” rating and a $84.10 price target for the company. Finally, ValuEngine upgraded shares of Autohome from a “strong sell” rating to a “sell” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $103.51.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.

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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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