Bilibili Inc. Sponsored ADR $BILI Shares Sold by Bank of America Corp DE

Bank of America Corp DE cut its holdings in shares of Bilibili Inc. Sponsored ADR (NASDAQ:BILIFree Report) by 44.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 280,914 shares of the company’s stock after selling 223,395 shares during the quarter. Bank of America Corp DE’s holdings in Bilibili were worth $6,337,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BILI. EverSource Wealth Advisors LLC boosted its stake in shares of Bilibili by 76.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,628 shares of the company’s stock valued at $37,000 after buying an additional 706 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Bilibili in the fourth quarter valued at $43,000. JPMorgan Chase & Co. raised its holdings in Bilibili by 25.7% in the second quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock valued at $114,000 after acquiring an additional 1,081 shares in the last quarter. Parallel Advisors LLC boosted its stake in Bilibili by 24.0% during the 1st quarter. Parallel Advisors LLC now owns 6,257 shares of the company’s stock valued at $141,000 after acquiring an additional 1,211 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in Bilibili by 61.7% during the 4th quarter. Hantz Financial Services Inc. now owns 5,886 shares of the company’s stock valued at $145,000 after acquiring an additional 2,247 shares during the last quarter. 16.08% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BILI has been the subject of several research analyst reports. Weiss Ratings downgraded shares of Bilibili from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 8th. Benchmark reaffirmed a “buy” rating on shares of Bilibili in a research report on Wednesday, May 20th. Finally, Macquarie Infrastructure reiterated an “outperform” rating and issued a $30.00 price target on shares of Bilibili in a research note on Tuesday, May 19th. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Bilibili presently has an average rating of “Moderate Buy” and a consensus price target of $31.12.

Get Our Latest Research Report on BILI

Key Stories Impacting Bilibili

Here are the key news stories impacting Bilibili this week:

  • Positive Sentiment: Global app relaunch: Bilibili has reportedly relaunched its international app to offer overseas users and creators an alternative to YouTube. Broader international reach could expand advertising, membership and creator-economy opportunities beyond China. Chinese video platform Bilibili relaunches international app
  • Positive Sentiment: Creator monetization push: Multiple reports say Bilibili may offer creators as much as $0.70 per 1,000 views, with actual payouts varying by content and performance. More attractive monetization could help the company recruit creators, build content supply and compete with YouTube. Bilibili reportedly offers creators up to $0.70 per 1,000 views
  • Positive Sentiment: New game catalyst: Bilibili confirmed a September 17 launch for mobile RPG Lumi Master. A successful release could support gaming revenue and user engagement, although the financial impact is not yet known. Bilibili confirms Lumi Master launch
  • Neutral Sentiment: Limited short-interest signal: The reported August short-interest figures show zero shares and a zero-day days-to-cover ratio, suggesting the data is incomplete or erroneous and provides no reliable indication of investor positioning.
  • Negative Sentiment: Execution and cost risks: The international strategy pits Bilibili against established platforms and may require substantial creator incentives and marketing spending. Because the $0.70 payout is only “reportedly” offered, investors may remain cautious about its scalability and effect on profitability. Bilibili may pay creators as it expands globally

Bilibili Trading Down 2.5%

NASDAQ BILI opened at $16.15 on Thursday. Bilibili Inc. Sponsored ADR has a one year low of $15.79 and a one year high of $36.40. The company has a 50-day simple moving average of $17.61 and a 200-day simple moving average of $21.36. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a market capitalization of $6.70 billion, a PE ratio of 35.89 and a beta of 0.72.

Bilibili Profile

(Free Report)

Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.

Beyond its core video community, Bilibili generates revenue through multiple value-added services.

Further Reading

Want to see what other hedge funds are holding BILI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bilibili Inc. Sponsored ADR (NASDAQ:BILIFree Report).

Institutional Ownership by Quarter for Bilibili (NASDAQ:BILI)

Receive News & Ratings for Bilibili Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bilibili and related companies with MarketBeat.com's FREE daily email newsletter.