7,201 Shares in VinFast Auto Ltd. (NASDAQ:VFS) Acquired by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. acquired a new position in VinFast Auto Ltd. (NASDAQ:VFS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,201 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds have also recently bought and sold shares of the business. Tidal Investments LLC boosted its stake in shares of VinFast Auto by 30.0% during the 3rd quarter. Tidal Investments LLC now owns 172,421 shares of the company’s stock worth $659,000 after acquiring an additional 39,787 shares in the last quarter. XTX Topco Ltd acquired a new stake in VinFast Auto in the 3rd quarter worth approximately $48,000. Finally, GSA Capital Partners LLP bought a new stake in VinFast Auto during the third quarter worth approximately $44,000.

Analyst Ratings Changes

Separately, Cantor Fitzgerald reissued an “overweight” rating and issued a $6.00 price target on shares of VinFast Auto in a research report on Monday, September 30th.

VinFast Auto Stock Performance

Shares of NASDAQ:VFS opened at $4.01 on Monday. The business has a 50 day moving average price of $4.24 and a 200 day moving average price of $4.02. VinFast Auto Ltd. has a twelve month low of $2.26 and a twelve month high of $6.42.

VinFast Auto (NASDAQ:VFS) last posted its quarterly earnings data on Tuesday, November 26th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.03. Research analysts forecast that VinFast Auto Ltd. will post -1.03 EPS for the current fiscal year.

VinFast Auto Company Profile

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.