HUYA Target of Unusually Large Options Trading (NYSE:HUYA)

HUYA Inc. (NYSE:HUYA) saw unusually large options trading on Monday. Stock investors acquired 4,130 call options on the stock. This represents an increase of 733% compared to the average daily volume of 496 call options.

Analysts Set New Price Targets

Separately, Daiwa Capital Markets lowered HUYA from an “outperform” rating to a “neutral” rating in a research report on Tuesday. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, HUYA currently has an average rating of “Hold” and a consensus price target of $5.68.

HUYA Trading Down 18.4 %

HUYA stock opened at $3.71 on Wednesday. The firm has a 50 day moving average of $3.70 and a 200-day moving average of $3.68. HUYA has a 12-month low of $2.82 and a 12-month high of $6.84. The company has a market cap of $838.71 million, a price-to-earnings ratio of -41.17 and a beta of 0.72.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Seldon Capital LP purchased a new stake in HUYA during the 3rd quarter worth $51,000. Two Sigma Securities LLC acquired a new stake in shares of HUYA in the 4th quarter valued at about $43,000. XTX Topco Ltd acquired a new stake in shares of HUYA in the 3rd quarter valued at about $90,000. Smith Anglin Financial LLC raised its stake in HUYA by 27.9% during the fourth quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company’s stock worth $56,000 after acquiring an additional 4,002 shares during the period. Finally, Quantbot Technologies LP raised its stake in HUYA by 18.9% during the third quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock worth $118,000 after acquiring an additional 3,685 shares during the period. 23.20% of the stock is currently owned by institutional investors and hedge funds.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.