All-Stars Investment LTD Decreased Its Stake in Yy INC (YY) as Shares Declined

June 29, 2018 - By Joshua Cleveland

According to 2018Q1 SEC filling the All-Stars Investment Ltd decreased its stake in Yy Inc (YY) by 43.86%. By selling 250,000 shares All-Stars Investment Ltd made the stock sank with 22.12%. The edp services company at the end of 2018Q1 was valued at $30.85 million. It’s down from 570,000 at the end of the previous reported quarter. Now it had 320,000 shares held by the institutional investor . All-Stars Investment Ltd has risen its stake in and also increased its holding in Qudian Inc by 695,000 shares in the quarter, for a total of 1.02M shares.

For more YY Inc. (NASDAQ:YY) news brought out recently go to: Seekingalpha.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “YY up 2.3% after revenues jump, company beats in Q1” brought out on June 05, 2018, “YY: Accounting Technicality Drives Unwarranted Sell-Off” on June 11, 2018, “Why Ambarella, YY, and Brown-Forman Slumped Today” with a publish date: June 06, 2018, “YY: Why Is It So Cheap?” and the last “YY Reports First Quarter 2018 Unaudited Financial Results” with publication date: June 05, 2018.

YY Inc. (NASDAQ:YY) Ratings Coverage

In total 9 analysts cover YY Inc (NASDAQ:YY). “Buy” rating has 8, “Sell” are 0, while 1 are “Hold”. 89% are bullish. 11 are the (NASDAQ:YY)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Friday, June 8 the firm has “Buy” rating given by UBS. On Thursday, June 7 the stock of YY Inc. (NASDAQ:YY) earned “Overweight” rating by JP Morgan. In Wednesday, March 28 report Morgan Stanley initiated it with “Hold” rating and $13500 target. In Tuesday, January 23 report Jefferies maintained the stock with “Buy” rating. On Wednesday, January 17 the rating was upgraded by Nomura to “Buy”. On Tuesday, March 6 the company was downgraded by CLSA. The company rating was initiated by Citigroup on Tuesday, February 20. On Thursday, January 18 the rating was upgraded by Instinet to “Buy”. On Thursday, June 7 the stock of YY Inc. (NASDAQ:YY) has “Buy” rating given by Nomura. On Tuesday, January 2 the firm has “Buy” rating given by UBS.

YY Inc. (NASDAQ:YY) Analyst Ratings Chart

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