XPENG (XPEV) shares surged about 12% on Thursday after news broke that the company’s Chairman and CEO, Xiaopeng, acquired 3.1 million Class A common stock. The electric vehicle manufacturer recently announced a smaller-than-expected loss for the second quarter of 2025.
XPENG CEO’s Stock Purchases Indicate Growing Confidence
Xiaopeng bought 3.1 million Class A common stocks between August 20th and 21st, along with acquiring Galaxy Dynasty, a company he fully owns. These transactions occurred at an average price of HK$80.49 per share.
After this purchase, Galaxy Dynasty holds the 3.1 million Class A common stocks in XPEV and around 1.42 million American depositary shares (ADS). Xiaopeng himself possesses roughly 327.7 million Class B shares in XPENG, 2.2 million ADS through Simplicity Holding Limited, and an additional 21 million shares in various holdings, along with the 3.1 million Class A common stocks and 1 million Class A common stocks. This means he now holds about an 18.9% stake in the company.
Insider stock purchases often reflect a strong belief in the company’s growth potential. Despite increasing competition in China’s electric vehicle market, XPENG has seen solid delivery numbers, and there is a sense of optimism surrounding future product launches. The company aims to start delivering over 40,000 vehicles per month starting in September, with the G7 and P7 models expected to play a significant role in that increase.
Is Xpeng Stock Worth Buying?
Amid stiff competition, Wall Street has given XPENG stock a moderate buy consensus, backed by seven buy recommendations, two holds, and one sell. There’s an average stock target of $24.58, suggesting an 8% upside from its current levels. Remarkably, XPEV stocks have climbed around 93% since the year began.
See more XPEV Analyst ratings.
