Zhihu Target of Unusually Large Options Trading (NYSE:ZH)

Zhihu Inc. (NYSE:ZH) was the recipient of some unusual options trading on Monday. Stock investors acquired 2,781 call options on the stock. This represents an increase of 381% compared to the average daily volume of 578 call options.

Analyst Ratings Changes

Separately, Citigroup dropped their price objective on Zhihu from $5.40 to $4.70 and set a “buy” rating on the stock in a research report on Friday, November 29th.

Zhihu Stock Down 9.8 %

NYSE:ZH traded down $0.53 on Monday, hitting $4.93. The stock had a trading volume of 1,486,476 shares, compared to its average volume of 815,046. The stock has a market cap of $430.23 million, a price-to-earnings ratio of -8.81 and a beta of 0.20. The business’s 50-day simple moving average is $3.78 and its two-hundred day simple moving average is $3.62. Zhihu has a 52-week low of $2.55 and a 52-week high of $6.32.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ZH. Arrowstreet Capital Limited Partnership lifted its position in shares of Zhihu by 172.4% during 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 in the last quarter. Barclays PLC purchased a new position in shares of Zhihu during the 3rd quarter valued at about $511,000. FIL Ltd purchased a new position in shares of Zhihu during the 4th quarter valued at about $454,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Zhihu during the 3rd quarter valued at 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 valued at $520,000 after buying an additional 71,764 shares in the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.

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.