Kingsoft Cloud Sees Unusually High Options Volume (NASDAQ:KC)

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) was the target of some unusual options trading activity on Tuesday. Investors acquired 4,277 call options on the company. This is an increase of approximately 82% compared to the average daily volume of 2,353 call options.

Kingsoft Cloud Price Performance

KC stock traded up $1.41 during trading on Tuesday, hitting $14.75. The company had a trading volume of 1,812,975 shares, compared to its average volume of 1,273,086. The business has a 50 day moving average of $11.62 and a 200 day moving average of $13.23. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of -28.32 and a beta of 2.03. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.39. Kingsoft Cloud has a fifty-two week low of $10.29 and a fifty-two week high of $22.26.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Thursday. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Kingsoft Cloud has an average rating of “Hold” and a consensus price target of $19.65.

Institutional Investors Weigh In On Kingsoft Cloud

Hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in shares of Kingsoft Cloud by 9.6% during the first quarter. Goldman Sachs Group Inc. now owns 133,634 shares of the company’s stock valued at $1,919,000 after acquiring an additional 11,720 shares during the period. Farther Finance Advisors LLC acquired a new stake in Kingsoft Cloud in the 2nd quarter worth approximately $100,000. Bayforest Capital Ltd lifted its position in Kingsoft Cloud by 417.5% during the 2nd quarter. Bayforest Capital Ltd now owns 28,020 shares of the company’s stock worth $351,000 after acquiring an additional 22,606 shares during the last quarter. Beverly Hills Private Wealth LLC acquired a new position in shares of Kingsoft Cloud during the second quarter worth approximately $126,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Kingsoft Cloud by 13.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 86,481 shares of the company’s stock valued at $1,083,000 after purchasing an additional 10,292 shares during the period. 13.40% of the stock is owned by hedge funds and other institutional investors.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.