Maxi Investments CY Ltd bought a new stake in shares of Grab Holdings Limited (NASDAQ:GRAB – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 190,000 shares of the company’s stock, valued at approximately $948,000.
Several other large investors have also modified their holdings of the business. OVERSEA CHINESE BANKING Corp Ltd boosted its position in Grab by 66.5% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 10,770,976 shares of the company’s stock valued at $64,782,000 after purchasing an additional 4,302,224 shares in the last quarter. Allianz Asset Management GmbH grew its position in Grab by 83.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 967,530 shares of the company’s stock worth $5,825,000 after purchasing an additional 439,748 shares during the last quarter. Nordea Investment Management AB increased its stake in Grab by 15.7% during the 3rd quarter. Nordea Investment Management AB now owns 19,886,007 shares of the company’s stock valued at $120,509,000 after purchasing an additional 2,695,472 shares in the last quarter. Mediolanum International Funds Ltd raised its holdings in shares of Grab by 131.5% in the third quarter. Mediolanum International Funds Ltd now owns 1,697,761 shares of the company’s stock worth $10,373,000 after buying an additional 964,475 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Grab by 68.3% in the third quarter. Principal Financial Group Inc. now owns 10,220,905 shares of the company’s stock worth $61,530,000 after buying an additional 4,149,040 shares during the last quarter. Institutional investors own 55.52% of the company’s stock.
Grab Trading Up 0.5%
Shares of Grab stock opened at $3.79 on Friday. The stock has a market cap of $15.53 billion, a PE ratio of 379.38, a price-to-earnings-growth ratio of 1.82 and a beta of 0.93. The firm has a fifty day moving average price of $3.84 and a 200 day moving average price of $4.60. Grab Holdings Limited has a 1 year low of $3.48 and a 1 year high of $6.62. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.67 and a quick ratio of 1.73.
Analyst Ratings Changes
A number of brokerages have recently weighed in on GRAB. China Renaissance raised shares of Grab from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a report on Wednesday. Morgan Stanley set a $5.90 price target on Grab in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on Grab from $5.90 to $5.80 and set an “overweight” rating on the stock in a research note on Tuesday. Zacks Research lowered Grab from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Mizuho reduced their price objective on Grab from $7.00 to $6.00 and set an “outperform” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.19.
Get Our Latest Stock Report on GRAB
Insider Activity
In related news, CAO John Pierantoni sold 14,819 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $3.61, for a total value of $53,496.59. Following the completion of the transaction, the chief accounting officer directly owned 569,376 shares in the company, valued at $2,055,447.36. The trade was a 2.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Anthony Ping Yeow Tan sold 400,000 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $3.68, for a total transaction of $1,472,000.00. Following the sale, the chief executive officer owned 425,193 shares in the company, valued at approximately $1,564,710.24. This represents a 48.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 590,819 shares of company stock valued at $2,193,077 over the last 90 days. Company insiders own 3.60% of the company’s stock.
Key Stories Impacting Grab
Here are the key news stories impacting Grab this week:
- Positive Sentiment: China Renaissance upgraded GRAB from “hold” to “buy” with a $5.00 target, providing near‑term buy‑side momentum and framing upside versus current levels. Read More.
- Positive Sentiment: Q1 results showed revenue beat driven by On‑Demand and Financial Services growth — supports the narrative that revenue strength can help improve profitability over time even though EPS missed. Read More.
- Positive Sentiment: Analyst/commentary pieces highlighting buybacks and long‑term value‑unlock potential are supporting investor optimism and helping stem near‑term volatility. Read More.
- Neutral Sentiment: JPMorgan trimmed its price target slightly to $5.80 but maintained a constructive rating — a modest moderation rather than a bearish shift, which keeps some institutional support intact. Read More.
- Neutral Sentiment: An insider (Chin Yin Ong) sold 38,000 shares under a pre‑arranged Rule 10b5‑1 plan; the sale reduces ownership marginally and was planned in advance, limiting governance concerns. Read More.
- Negative Sentiment: Zacks Research downgraded GRAB from “hold” to “strong sell,” creating headline risk that can pressure retail flows and automated screeners. Read More.
- Negative Sentiment: Mizuho lowered its expectations/price target, trimming some of the upside cited by investors and adding to mixed analyst signals about near‑term valuation. Read More.
Grab Company Profile
Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing “super app” across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.
Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.
Recommended Stories
Want to see what other hedge funds are holding GRAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grab Holdings Limited (NASDAQ:GRAB – Free Report).
Receive News & Ratings for Grab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grab and related companies with MarketBeat.com's FREE daily email newsletter.
