HUYA Inc. (NYSE:HUYA) Shares Sold by Caxton Associates LP

Caxton Associates LP trimmed its position in shares of HUYA Inc. (NYSE:HUYA) by 61.2% in the first quarter, HoldingsChannel reports. The firm owned 81,152 shares of the company’s stock after selling 127,960 shares during the period. Caxton Associates LP’s holdings in HUYA were worth $369,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Hong Kong Ltd lifted its stake in shares of HUYA by 2,008.2% in the 4th quarter. Point72 Hong Kong Ltd now owns 4,551,795 shares of the company’s stock worth $16,660,000 after acquiring an additional 4,335,884 shares during the period. Acadian Asset Management LLC raised its holdings in shares of HUYA by 45.0% during the first quarter. Acadian Asset Management LLC now owns 526,746 shares of the company’s stock valued at $2,393,000 after acquiring an additional 163,406 shares during the period. SG Americas Securities LLC grew its position in HUYA by 109.4% during the fourth quarter. SG Americas Securities LLC now owns 92,812 shares of the company’s stock valued at $340,000 after purchasing an additional 48,488 shares in the last quarter. BNP Paribas Financial Markets grew its position in HUYA by 21.1% during the fourth quarter. BNP Paribas Financial Markets now owns 99,826 shares of the company’s stock valued at $365,000 after purchasing an additional 17,426 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in HUYA by 18.7% during the fourth quarter. Wellington Management Group LLP now owns 392,380 shares of the company’s stock valued at $1,436,000 after purchasing an additional 61,888 shares in the last quarter. 23.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HUYA has been the subject of several recent research reports. JPMorgan Chase & Co. raised shares of HUYA from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $3.00 to $9.00 in a research report on Monday, May 20th. Morgan Stanley upgraded shares of HUYA from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, May 15th.

HUYA Trading Down 1.6 %

Shares of NYSE:HUYA traded down $0.07 during trading on Tuesday, hitting $4.24. 261,377 shares of the company’s stock were exchanged, compared to its average volume of 1,444,687. The firm has a market cap of $988.26 million, a P/E ratio of -43.00 and a beta of 0.56. The firm has a 50-day moving average price of $4.51 and a two-hundred day moving average price of $4.24. HUYA Inc. has a 1-year low of $2.15 and a 1-year high of $6.84.

HUYA (NYSE:HUYA) last announced its quarterly earnings results on Monday, May 13th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $208.31 million for the quarter. HUYA had a negative net margin of 2.67% and a positive return on equity of 0.59%. As a group, research analysts predict that HUYA Inc. will post 0.19 EPS for the current year.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.