Bobet
11-29 16:46
$NIO Inc.(NIO)$  


This what I'm talking about in my precious post about$NIO Inc.(NIO)$  analysts downgrade but they themselves keep increasing their position.

Daiwa America upgraded shares of NIO to a "strong-buy" rating in a research note on Monday, September 30th. JPMorgan Chase & Co. raised shares of NIO from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $5.30 to $8.00

FMR LLC raised its stake in shares of NIO by 5,388.5% in the third quarter. FMR LLC now owns 5,394,895 shares of the company's stock worth $36,038,000 after purchasing an additional 5,296,601 shares during the last quarter. Point72 Asset Management L.P. increased its holdings in NIO by 164.3% in the 2nd quarter. Point72 Asset Management L.P. now owns 6,464,246 shares of the company's stock worth $26,891,000 after buying an additional 4,018,659 shares during the period. Swedbank AB purchased a new position in NIO during the 1st quarter worth approximately $5,343,000. Point72 Hong Kong Ltd acquired a new stake in NIO during the 3rd quarter valued at approximately $4,879,000. Finally, Quadrature Capital Ltd boosted its holdings in shares of NIO by 32.3% in the 3rd quarter. Quadrature Capital Ltd now owns 2,209,020 shares of the company's stock valued at $14,756,000 after acquiring an additional 538,907 shares during the last quarter. Hedge funds and other institutional investors own 48.55% of the company's stock.


See big institutions increase there position in$NIO Inc.(NIO)$  because they knew the company is undervalued. 


Keep your position and wait till it's bounce back! 

Know car maker is way far compare to Nio in terms of technology, innovation and unique business model. 




Modified in.11-29 18:27
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