XPENG Sees Unusually Large Options Volume (NYSE:XPEV)

XPENG Inc. Sponsored ADR (NYSE:XPEV) was the recipient of unusually large options trading on Monday. Investors acquired 42,118 call options on the company. This is an increase of approximately 65% compared to the average volume of 25,507 call options.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of XPEV. Farther Finance Advisors LLC raised its holdings in shares of XPENG by 161.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,562 shares of the company’s stock worth $52,000 after acquiring an additional 1,582 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of XPENG by 45.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,906 shares of the company’s stock valued at $79,000 after buying an additional 1,212 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of XPENG by 91.4% during the second quarter. TD Waterhouse Canada Inc. now owns 6,680 shares of the company’s stock valued at $91,000 after buying an additional 3,190 shares during the period. Kickstand Ventures LLC. acquired a new stake in XPENG during the fourth quarter worth approximately $202,000. Finally, Parallel Advisors LLC grew its stake in XPENG by 6.0% in the 4th quarter. Parallel Advisors LLC now owns 10,293 shares of the company’s stock worth $209,000 after acquiring an additional 584 shares during the period. 21.09% of the stock is owned by hedge funds and other institutional investors.

XPENG Price Performance

XPENG stock traded down $0.92 during trading hours on Monday, hitting $11.28. The stock had a trading volume of 14,377,510 shares, compared to its average volume of 6,867,365. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.14 and a quick ratio of 0.89. The stock has a market capitalization of $10.77 billion, a price-to-earnings ratio of -32.98 and a beta of 1.13. XPENG has a 1-year low of $11.27 and a 1-year high of $28.24. The stock’s fifty day moving average is $12.78 and its two-hundred day moving average is $15.60.

XPENG (NYSE:XPEV) last released its quarterly earnings results on Tuesday, August 25th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.13). XPENG had a negative return on equity of 7.72% and a negative net margin of 3.09%.The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $3.02 billion. As a group, analysts predict that XPENG will post -0.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on XPEV. Jefferies Financial Group reissued a “buy” rating and issued a $25.20 target price on shares of XPENG in a report on Friday, May 29th. Weiss Ratings cut shares of XPENG from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, August 12th. Bank of America reiterated a “buy” rating on shares of XPENG in a report on Thursday, May 28th. Barclays reduced their price objective on shares of XPENG from $16.00 to $15.00 and set an “underweight” rating for the company in a research note on Thursday, July 16th. Finally, Wall Street Zen lowered shares of XPENG from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $25.70.

Key Stories Impacting XPENG

Here are the key news stories impacting XPENG this week:

• Positive Sentiment: XPENG’s robotics subsidiary raised more than $900 million in its first funding round at a post-money valuation exceeding $6.3 billion. The financing, led by IDG Capital and Gaorong Ventures with Tencent and Alibaba participating as strategic investors, provides capital for physical-AI and humanoid-robot development while establishing a potentially valuable standalone asset. XPENG robotics financing announcement
• Neutral Sentiment: Second-quarter total revenue rose to RMB19.74 billion, up 51.5% from the prior quarter, while gross margin improved to 20.7% and vehicle margin reached 12.1%. XPENG also ended June with RMB40.48 billion in cash and cash equivalents. However, vehicle deliveries of 103,295 were essentially flat from a year earlier, highlighting the challenge of converting improved margins into sustained growth. XPENG second-quarter financial results
• Negative Sentiment: XPENG reported an adjusted loss of $0.19 per share, wider than analysts’ expected $0.06 loss, and revenue of about $2.91 billion versus the $3.02 billion consensus. The net loss widened as the company increased spending on new vehicle models, artificial intelligence and robotics, despite resilient margins. XPENG net loss report
• Negative Sentiment: Management’s third-quarter revenue forecast fell below Wall Street expectations, reflecting intensifying competition in China’s electric-vehicle market. The weaker guidance raised concerns about near-term demand, pricing pressure and continued losses, causing the earnings miss to outweigh enthusiasm over the robotics valuation. Reuters report on XPENG forecast

About XPENG

XPENG Inc (NYSE: XPEV) is a China-based developer and manufacturer of smart electric vehicles. The company designs, engineers and sells battery-electric sedans and sport-utility vehicles along with related software and services. Founded in 2014, XPENG positions itself as a technology-driven automaker with a focus on vehicle connectivity, software-defined features and advanced driver assistance systems.

Product offerings center on passenger EVs spanning compact crossovers and midsize sedans, supported by in-house software platforms and over-the-air update capabilities.