In a filing, Hesai Group ADR revealed its Officer Li Yifan acquired Company’s shares for reported $22.73 million on Mar 13 ’25. In the deal valued at $22.55 per share,1,008,101 shares were bought.
Then, Xiang Shaoqing bought 1,007,534 shares, generating $22,719,892 in total proceeds.
Before that, Sun Kai bought 1,028,325 shares. Hesai Group ADR shares valued at $23,188,729 were divested by the Officer at a price of $22.55 per share.
Daiwa Securities initiated its Hesai Group ADR [HSAI] rating to a Buy in a research note published on March 11, 2025; the price target was $35. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “a Buy”. Morgan Stanley also remained covering HSAI and has decreased its forecast on January 13, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Citigroup started covering the stock on September 26, 2023. It rated HSAI as “a Buy”.
Price Performance Review of HSAI
On Tuesday, Hesai Group ADR [NASDAQ:HSAI] saw its stock fall -7.80% to $20.56. Over the last five days, the stock has lost -14.62%. Hesai Group ADR shares have risen nearly 48.77% since the year began. Nevertheless, the stocks have risen 368.34% over the past one year. While a 52-week high of $24.18 was reached on 03/11/25, a 52-week low of $3.52 was recorded on 01/08/25. SMA at 50 days reached $16.91, while 200 days put it at $8.40.
Levels Of Support And Resistance For HSAI Stock
The 24-hour chart illustrates a support level at 19.14, which if violated will result in even more drops to 17.72. On the upside, there is a resistance level at 22.49. A further resistance level may holdings at 24.42. The Relative Strength Index (RSI) on the 14-day chart is 55.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.72%. Stochastics %K at 62.95% indicates the stock is a holding.
How much short interest is there in Hesai Group ADR?
A steep rise in short interest was recorded in Hesai Group ADR stocks on 2025-02-28, growing by 2.04 million shares to a total of 2.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.51 million shares. There was a rise of 79.99%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 22, 2023 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $14.80 price target.
