Past Meat, Inc. (NASDAQ:BYND – Get Rating) insider Beth Moskowitz bought 2,000 shares of Past Meat inventory in a transaction on Friday, December 2nd. The shares have been bought at a median value of $14.05, for a complete transaction of $28,100.00. Following the completion of the sale, the insider now straight owns 20,208 shares of the corporate’s inventory, valued at roughly $283,922.40. The transaction was disclosed in a doc filed with the SEC, which is out there at the SEC website.
Beth Moskowitz additionally lately made the next commerce(s):
- On Wednesday, November thirtieth, Beth Moskowitz bought 6,981 shares of Past Meat inventory. The shares have been bought at a median value of $13.00, for a complete transaction of $90,753.00.
Past Meat Inventory Efficiency
Shares of NASDAQ:BYND traded down $0.02 throughout buying and selling on Friday, hitting $14.30. 1,478,583 shares of the corporate have been exchanged, in comparison with its common quantity of three,472,082. Past Meat, Inc. has a 52-week low of $11.56 and a 52-week excessive of $75.49. The inventory has a 50 day shifting common of $14.10 and a 200 day shifting common of $22.72. The corporate has a debt-to-equity ratio of 27.60, a present ratio of seven.68 and a fast ratio of 4.95. The corporate has a market cap of $911.51 million, a PE ratio of -2.39 and a beta of 1.98.
Past Meat (NASDAQ:BYND – Get Rating) final introduced its earnings outcomes on Wednesday, November ninth. The corporate reported ($1.60) earnings per share (EPS) for the quarter, lacking the consensus estimate of ($1.11) by ($0.49). The corporate had income of $82.50 million for the quarter, in comparison with the consensus estimate of $84.56 million. Past Meat had a destructive internet margin of 86.35% and a destructive return on fairness of 400.17%. The corporate’s income for the quarter was down 22.5% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the earlier 12 months, the agency earned ($0.87) earnings per share. As a bunch, equities analysis analysts predict that Past Meat, Inc. will put up -5.74 EPS for the present 12 months.
Hedge Funds Weigh In On Past Meat
Hedge funds and different institutional buyers have lately modified their holdings of the corporate. Coatue Administration LLC purchased a brand new stake in Past Meat within the 1st quarter value roughly $24,363,000. Northern Belief Corp grew its place in Past Meat by 114.2% through the second quarter. Northern Belief Corp now owns 559,446 shares of the corporate’s inventory valued at $13,393,000 after buying a further 298,321 shares over the last quarter. Ninety One UK Ltd raised its stake in shares of Past Meat by 16.2% through the first quarter. Ninety One UK Ltd now owns 1,375,607 shares of the corporate’s inventory value $66,456,000 after buying a further 192,289 shares within the final quarter. Vanguard Group Inc. lifted its holdings in shares of Past Meat by 2.7% within the third quarter. Vanguard Group Inc. now owns 5,709,781 shares of the corporate’s inventory value $80,907,000 after buying a further 150,345 shares over the last quarter. Lastly, Inventive Planning boosted its stake in shares of Past Meat by 1,167.4% within the 2nd quarter. Inventive Planning now owns 154,521 shares of the corporate’s inventory valued at $3,699,000 after buying a further 142,329 shares within the final quarter. 60.98% of the inventory is presently owned by hedge funds and different institutional buyers.
Wall Road Analyst Weigh In
A number of equities analysts lately weighed in on the inventory. BMO Capital Markets dropped their value goal on shares of Past Meat from $20.00 to $14.00 and set a “market carry out” score on the inventory in a analysis report on Thursday, November tenth. Mizuho decreased their value goal on Past Meat from $27.00 to $11.00 and set a “impartial” score for the corporate in a report on Thursday, November tenth. Canaccord Genuity Group minimize their value goal on shares of Past Meat from $22.00 to $15.00 and set a “maintain” score on the inventory in a report on Wednesday, October twelfth. Financial institution of America lowered their goal value on shares of Past Meat from $20.00 to $10.00 and set an “underperform” score for the corporate in a report on Friday, August fifth. Lastly, Credit score Suisse Group minimize their value goal on shares of Past Meat to $10.00 in a report on Thursday, October twenty seventh. 5 analysis analysts have rated the inventory with a promote score and eight have assigned a maintain score to the inventory. In line with MarketBeat.com, Past Meat has a median score of “Maintain” and a median value goal of $20.19.
Past Meat Firm Profile
Past Meat, Inc manufactures, markets, and sells plant-based meat merchandise in the USA and internationally. The corporate sells a variety of plant-based meat merchandise throughout the platforms of beef, pork, and poultry. It sells its merchandise by means of grocery, mass merchandiser, membership retailer, comfort retailer and pure retailer channels, and direct-to-consumer, in addition to varied food-away-from-home channels, together with eating places, foodservice retailers, and colleges.
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