RWC Asset Advisors sold its entire Nio position, totaling 10,467,320 shares, with a transaction value of $79.76 million based on the quarterly average price. The Nio position previously accounted for 13.1% of AUM as of the prior quarter.
The company overview reveals Nio’s revenue of $10.50 billion, a net income of ($3.30 billion), and a current stock price of $4.95. Nio designs and sells smart electric vehicles, generating revenue from vehicle sales and related services.
Nio had a successful 2025 with record sales and the introduction of new brands contributing to milestone deliveries. Despite RWC Asset Advisors’ sell-off, Nio issued a profit alert anticipating its first-ever adjusted operational profit in Q4. Long-term investors may benefit from holding Nio shares.
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Read more at Nasdaq: RWC Asset Advisors Sells Out of Entire Nio Position for $79.8 Million
