On August 29, 2023 at 10:35:10 ET an unusually large $1,086.74K block of Call contracts in Li Auto Inc – ADR (LI) was bought, with a strike price of $45.00 / share, expiring in 507 day(s) (on January 17, 2025). Fintel tracks all large options trades, and the premium spent on this trade was 2.24 sigmas above the mean, placing it in the 98.61th percentile of all recent large trades made in LI options.
This trade was first picked up on Fintel’s real time Options Flow tool, where unusual option trades are highlighted.
What is the Fund Sentiment?
There are 320 funds or institutions reporting positions in Li Auto Inc – ADR. This is a decrease of 12 owner(s) or 3.61% in the last quarter. Average portfolio weight of all funds dedicated to LI is 0.65%, an increase of 17.23%. Total shares owned by institutions decreased in the last three months by 13.80% to 97,316K shares. The put/call ratio of LI is 0.90, indicating a bullish outlook.
Analyst Price Forecast Suggests 10.32% Upside
As of August 2, 2023, the average one-year price target for Li Auto Inc – ADR is 43.92. The forecasts range from a low of 32.68 to a high of $66.64. The average price target represents an increase of 10.32% from its latest reported closing price of 39.81.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Li Auto Inc – ADR is 96,039MM, an increase of 29.03%. The projected annual non-GAAP EPS is 0.75.
What are Other Shareholders Doing?
Xiamen Xinweidachuang Investment Partnership holds 12,552K shares representing 1.26% ownership of the company. In it’s prior filing, the firm reported owning 3,230K shares, representing an increase of 74.26%.
Renaissance Technologies holds 7,598K shares representing 0.76% ownership of the company. In it’s prior filing, the firm reported owning 8,111K shares, representing a decrease of 6.75%. The firm increased its portfolio allocation in LI by 43.12% over the last quarter.
FEMSX – Fidelity Series Emerging Markets Opportunities Fund holds 6,576K shares representing 0.66% ownership of the company. In it’s prior filing, the firm reported owning 7,623K shares, representing a decrease of 15.93%. The firm decreased its portfolio allocation in LI by 8.91% over the last quarter.
Aspex Management holds 5,926K shares representing 0.59% ownership of the company. In it’s prior filing, the firm reported owning 10,137K shares, representing a decrease of 71.07%. The firm decreased its portfolio allocation in LI by 2.64% over the last quarter.
Price T Rowe Associates holds 5,252K shares representing 0.53% ownership of the company. In it’s prior filing, the firm reported owning 3,738K shares, representing an increase of 28.84%. The firm increased its portfolio allocation in LI by 315.15% over the last quarter.
Li Auto Background Information
(This description is provided by the company.)
Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.
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