Bitauto Holdings Limited (NYSE:BITA) marched up -4.03% compared to a 52-week low price of $10.13. The shares were last seen trading -5.08% lower, taking the closing price at $9.72 on 5/23/2019. At a recent session, the prices were hovering between $10.21 and $10.64. This company shares are 102.16% off its target price of $19.65 and the current market capitalization stands at $736M. The recent change has given its price a -30.88% deficit over SMA 50 and -68.36% deficit over its 52-week high. The stock witnessed -34.5% declines, -48.1% declines and -45.21% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BITA’s volatility during a week at 5.13% and during a month it has been found around 4.82%.

Bitauto Holdings Limited (BITA) Top Holders

Institutional investors currently hold around $211 million or 30% in BITA stock. Look at its top three institutional owners: Invesco Ltd. owns $58.51 million in Bitauto Holdings Limited, which represents roughly 7.95% of the company’s market cap and approximately 27.73% of the institutional ownership. Similar statistics are true for the second largest owner, Snow Lake Capital (Hk) Ltd, which owns 4,227,009 shares of the stock are valued at $43.29 million. The third largest holder is Carmignac Gestion, which currently holds $10.11 million worth of this stock and that ownership represents nearly 1.37% of its market capitalization.

Bitauto Holdings Limited 13F Filings

At the end of March reporting period, 46 institutional holders increased their position in Bitauto Holdings Limited (NYSE:BITA) by some 4,567,104 shares, 23 decreased positions by 10,473,554 and 12 held positions by 5,603,648. That puts total institutional holdings at 20,644,306 shares, according to SEC filings. The stock grabbed 18 new institutional investments totaling 2,393,796 shares while 7 institutional investors sold out their entire positions totaling 443,075 shares.

Bitauto Holdings Limited (BITA) Analyst Guide

Several analysts have released their opinion on Bitauto Holdings Limited (NYSE:BITA), with 1 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 3 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.56 average brokerage recommendation [T1].