AQR Capital Management LLC Acquires 209,337 Shares of Bright Green Co. (NASDAQ:BGXX)

AQR Capital Management LLC boosted its holdings in shares of Bright Green Co. (NASDAQ:BGXX) by 797.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 235,575 shares of the company’s stock after buying an additional 209,337 shares during the period. AQR Capital Management LLC owned approximately 0.12% of Bright Green worth $60,000 as of its most recent SEC filing.

Bright Green Stock Performance

NASDAQ:BGXX opened at $0.14 on Friday. The firm has a market capitalization of $26.62 million, a price-to-earnings ratio of -2.00 and a beta of 0.59. Bright Green Co. has a 52-week low of $0.03 and a 52-week high of $0.54. The stock has a fifty day moving average of $0.16 and a 200 day moving average of $0.22.

Bright Green (NASDAQ:BGXX) last posted its quarterly earnings data on Monday, August 19th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Insiders Place Their Bets

In other Bright Green news, CFO Saleem Elmasri sold 398,773 shares of Bright Green stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $0.20, for a total transaction of $79,754.60. Following the completion of the sale, the chief financial officer now owns 1,201,227 shares of the company’s stock, valued at $240,245.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 51.38% of the company’s stock.

Bright Green Company Profile

Bright Green Corporation focuses on the cultivation, manufacture, and sale of cannabis and cannabis-related products. Its products are used in research, pharmaceutical applications, and affiliated exports. The company was incorporated in 2019 and is based in Grants, New Mexico.