PDD Holdings Surges 2.22% on $960M Volume, 83rd in Market Activity, as Institutional Bets Diverge and Options Signal Split Investor Sentiment

On September 3, 2025, PDD Holdings (PDD) rose 2.22% with a trading volume of $960 million, ranking 83rd in market activity. Institutional investors have recently adjusted their positions, with Rafferty Asset Management LLC reducing its stake by 22.4%, while Mirae Asset Global Investments increased holdings by 9,469.7%. Options market data revealed heightened activity, including $14.16 million in bullish call options and $5.91 million in put options over the past 30 days, reflecting divergent investor sentiment.

Analyst ratings have shifted, with Barclays upgrading its price target to $165 with an "overweight" rating, while New Street Research downgraded to "neutral" at $120. Institutional ownership remains significant, with 39.83% of shares held by institutional investors. Recent earnings data showed a miss, reporting $1.37 per share against a $2.25 consensus, though revenue reached $13.19 billion.

Options trading patterns suggest anticipated price movements between $80 and $175 over three months, with notable trades including a $7.6 million call sweep at $121 and a $352,900 put trade at $120. The RSI indicates the stock may be approaching overbought territory, and earnings are expected in 78 days. Analysts have proposed an average target price of $146.5, though opinions remain split on near-term direction.