JPMorgan Chase & Co. Lowers Position in Hesai Group Sponsored ADR $HSAI

JPMorgan Chase & Co. lessened its holdings in shares of Hesai Group Sponsored ADR (NASDAQ:HSAI) by 63.0% in the third quarter, HoldingsChannel.com reports. The fund owned 698,454 shares of the company’s stock after selling 1,188,603 shares during the period. JPMorgan Chase & Co.’s holdings in Hesai Group were worth $19,627,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legal & General Group Plc bought a new position in shares of Hesai Group in the 3rd quarter worth $71,000. Quantbot Technologies LP bought a new stake in shares of Hesai Group during the 3rd quarter worth $123,000. Daiwa Securities Group Inc. purchased a new position in Hesai Group in the second quarter worth $108,000. Federated Hermes Inc. purchased a new position in Hesai Group in the second quarter worth $156,000. Finally, Redwood Wealth Management Group LLC bought a new position in Hesai Group in the third quarter valued at $223,000. Hedge funds and other institutional investors own 48.53% of the company’s stock.

Hesai Group Price Performance

Shares of Hesai Group stock opened at $19.85 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.37 and a current ratio of 5.75. Hesai Group Sponsored ADR has a 52-week low of $10.41 and a 52-week high of $30.85. The company has a fifty day moving average of $25.61 and a 200-day moving average of $24.29. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 49.63 and a beta of 1.06.

Hesai Group (NASDAQ:HSAI) last issued its earnings results on Tuesday, March 24th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.09). The business had revenue of $143.00 million during the quarter, compared to analysts’ expectations of $155.57 million. Hesai Group had a return on equity of 7.58% and a net margin of 14.47%. Equities research analysts expect that Hesai Group Sponsored ADR will post -0.14 EPS for the current year.

Hesai Group News Summary

Here are the key news stories impacting Hesai Group this week:

• Positive Sentiment: Hesai reported its first annual profit for 2025, with full‑year net income of RMB435.9M (US$62.3M) and record annual lidar shipments (1,620,406 units), supporting a positive view on the company’s operating leverage and product demand. GlobeNewswire Release
• Positive Sentiment: Management highlighted record revenue and strategic partnerships on the Q4 call, which could support future growth and market share in lidar hardware and services. Earnings Call Highlights (Yahoo)
• Neutral Sentiment: Complete Q4 earnings call transcript is available for investors who want management’s color on demand, margins and partnerships — useful for due diligence but not an immediate price driver by itself. Earnings Call Transcript (Seeking Alpha)
• Neutral Sentiment: Several short‑interest reports posted anomalous data (shows increases but lists zero shares / NaN changes). This appears to be a data/reporting glitch rather than clear evidence of rising short positioning; it creates temporary uncertainty for traders. (Multiple March 24 entries)
• Negative Sentiment: Q4 reported EPS of $0.13 vs. consensus $0.22 and revenue of $143.0M vs. $155.6M expected — the earnings and revenue misses are the main near‑term negative catalyst behind the share weakness. MarketBeat Earnings Summary
• Negative Sentiment: Pre‑market headlines and intraday coverage noted shares moving lower after the print; the stock is trading below its 50‑day and 200‑day moving averages, which may attract technical selling. MSN Pre‑Market Coverage

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Hesai Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Hesai Group currently has a consensus rating of “Buy” and a consensus price target of $29.96.

Hesai Group Company Profile

Hesai Group is a technology company specializing in the development and production of advanced LiDAR (Light Detection and Ranging) sensors and perception software platforms for autonomous vehicles, robotics, industrial automation and mapping applications. The company’s core business centers on delivering high-performance, high-reliability LiDAR solutions designed to enable precise three-dimensional sensing and real-time environment perception. Hesai’s product lineup spans mechanical rotating LiDAR units, solid-state and MEMS-based sensors, as well as integrated software stacks for object detection, tracking and data fusion.

Founded in 2014 by a team of laser sensing and robotics researchers, Hesai built its reputation on improving range, resolution and reliability of LiDAR systems while driving down cost and size.