The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hesai Group ADR shares valued at $22,732,678 were purchased by Li Yifan on Mar 13 ’25. At $22.55 per share, Li Yifan acquired 1,008,101 shares.
Also, Xiang Shaoqing purchased 1,007,534 shares, netting a total of over 22,719,892 in proceeds.
Before that, Sun Kai had added 1,028,325 shares to its account. In a trade valued at $23,188,729, the Officer bought Hesai Group ADR shares for $22.55 each.
As published in their initiating research note from Daiwa Securities on March 11, 2025, Hesai Group ADR [HSAI] has been a Buy and the price target has been revised to $35. Analysts at Goldman upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of January 13, 2025, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for HSAI. Earlier on September 26, 2023, Citigroup initiated its rating. Their recommendation was “a Buy” for HSAI stock.
Analyzing HSAI Stock Performance
During the last five days, there has been a surge of approximately 36.45%. Over the course of the year, Hesai Group ADR shares have jumped approximately 8.76%. Shares of the company reached a 52-week high of $24.18 on 03/11/25 and a 52-week low of $10.41 on 04/16/25. A 50-day SMA is recorded $16.81, while a 200-day SMA reached $9.77.
Support And Resistance Levels for Hesai Group ADR (HSAI)
According to the 24-hour chart, there is a support level at 14.44, which, if violated, would cause prices to drop to 13.85. In the upper region, resistance lies at 15.69. The next price resistance is at 16.35. RSI (Relative Strength Index) is 51.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.18, which suggests the price will increase in the coming days. Percent R is at 21.96%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
