Jane Street Group LLC Purchases 145,687 Shares of Alto Ingredients, Inc. (NASDAQ:ALTO)

Jane Street Group LLC lifted its position in Alto Ingredients, Inc. (NASDAQ:ALTO) by 101.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 289,604 shares of the company’s stock after buying an additional 145,687 shares during the quarter. Jane Street Group LLC owned about 0.38% of Alto Ingredients worth $466,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Renaissance Technologies LLC grew its stake in shares of Alto Ingredients by 53.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,677,121 shares of the company’s stock valued at $2,423,000 after buying an additional 583,967 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in Alto Ingredients by 9.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,125,552 shares of the company’s stock worth $1,812,000 after purchasing an additional 93,054 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Alto Ingredients by 5.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 370,852 shares of the company’s stock worth $597,000 after purchasing an additional 19,104 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in Alto Ingredients by 100.5% in the 3rd quarter. GSA Capital Partners LLP now owns 247,676 shares of the company’s stock worth $399,000 after purchasing an additional 124,163 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in Alto Ingredients by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 241,977 shares of the company’s stock worth $390,000 after purchasing an additional 12,328 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Alto Ingredients Stock Up 4.6 %

ALTO opened at $1.83 on Tuesday. Alto Ingredients, Inc. has a twelve month low of $1.18 and a twelve month high of $2.72. The firm has a market cap of $140.26 million, a P/E ratio of -3.52 and a beta of 1.87. The business has a 50 day moving average price of $1.53 and a 200 day moving average price of $1.53. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.15 and a current ratio of 3.22.

Alto Ingredients (NASDAQ:ALTO) last issued its quarterly earnings results on Wednesday, November 6th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.06). Alto Ingredients had a negative return on equity of 11.22% and a negative net margin of 3.61%. The business had revenue of $251.81 million for the quarter, compared to analyst estimates of $274.94 million. During the same quarter last year, the firm earned ($0.05) earnings per share. Research analysts forecast that Alto Ingredients, Inc. will post -0.37 EPS for the current year.

About Alto Ingredients

Alto Ingredients, Inc produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients include dried yeast, corn protein meal, corn protein feed, distiller's grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast for human consumption.