Investors Purchase High Volume of Zhihu Call Options (NYSE:ZH)

Zhihu Inc. (NYSE:ZH) saw unusually large options trading activity on Monday. Investors bought 2,781 call options on the stock. This represents an increase of approximately 381% compared to the average volume of 578 call options.

Analyst Upgrades and Downgrades

Separately, Citigroup reduced their price objective on shares of Zhihu from $5.40 to $4.70 and set a “buy” rating for the company in a research note on Friday, November 29th.

Institutional Trading of Zhihu

A number of institutional investors and hedge funds have recently modified their holdings of ZH. Arrowstreet Capital Limited Partnership grew its stake in Zhihu by 172.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 603,673 shares of the company’s stock valued at $2,137,000 after buying an additional 382,039 shares during the last quarter. Barclays PLC acquired a new stake in shares of Zhihu in the third quarter valued at about $511,000. FIL Ltd acquired a new stake in shares of Zhihu in the fourth quarter valued at about $454,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Zhihu in the third quarter worth about $317,000. Finally, Nomura Holdings Inc. lifted its position in shares of Zhihu by 95.7% during the 4th quarter. Nomura Holdings Inc. now owns 146,764 shares of the company’s stock worth $520,000 after purchasing an additional 71,764 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Zhihu Price Performance

Shares of NYSE:ZH opened at $5.44 on Wednesday. The stock has a market capitalization of $474.57 million, a P/E ratio of -9.71 and a beta of 0.20. The business has a 50-day moving average of $3.85 and a two-hundred day moving average of $3.65. Zhihu has a fifty-two week low of $2.55 and a fifty-two week high of $6.32.

Zhihu (NYSE:ZH) last posted its earnings results on Tuesday, November 26th. The company reported ($0.02) earnings per share for the quarter. Zhihu had a negative return on equity of 8.01% and a negative net margin of 9.28%.

Zhihu Company Profile

Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.