Weibo (WB)

• Market cap: $2.27B

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

1% less call options, than puts

Call options by funds: $15M | Put options by funds: $15.2M

2.99% less ownership

Funds ownership: 46.27% [Q1] → 43.28% (-2.99%) [Q2]

6% less funds holding

Funds holding: 142 [Q1] → 134 (-8) [Q2]

18% less capital invested

Capital invested by funds: $627M [Q1] → $517M (-$110M) [Q2]

20% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 49

25% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 32

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $7.50 20% downside
• Avg. target: $9.75 4% upside
• High target: $12 28% upside

2 analyst ratings

• positive: 1 50%
• neutral: 0 0%
• negative: 1 50%

Citigroup Alicia Yap 77% 1-year accuracy 10 / 13 met price target	28% upside $12	Buy Maintained	30 Sept 2024
Morgan Stanley Alex Poon 0% 1-year accuracy 0 / 2 met price target	20% downside $7.50	Underweight Maintained	23 Aug 2024