SG Americas Securities LLC Sells 26,706 Shares of Beyond Meat, Inc. (NASDAQ:BYND)

SG Americas Securities LLC trimmed its stake in shares of Beyond Meat, Inc. (NASDAQ:BYND) by 53.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,004 shares of the company’s stock after selling 26,706 shares during the period. SG Americas Securities LLC’s holdings in Beyond Meat were worth $86,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ballentine Partners LLC acquired a new stake in shares of Beyond Meat during the fourth quarter worth $39,000. Intech Investment Management LLC acquired a new stake in Beyond Meat in the 3rd quarter valued at $128,000. The Manufacturers Life Insurance Company increased its stake in Beyond Meat by 17.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 26,469 shares of the company’s stock valued at $178,000 after buying an additional 3,902 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Beyond Meat by 16.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,901 shares of the company’s stock valued at $257,000 after buying an additional 5,419 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Beyond Meat by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 522,894 shares of the company’s stock valued at $3,545,000 after buying an additional 7,332 shares during the last quarter. 52.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Beyond Meat

In other Beyond Meat news, insider Ethan Brown sold 313,000 shares of Beyond Meat stock in a transaction on Friday, December 13th. The shares were sold at an average price of $3.75, for a total value of $1,173,750.00. Following the sale, the insider now directly owns 1,703,288 shares in the company, valued at approximately $6,387,330. The trade was a 15.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 8.60% of the company’s stock.

Beyond Meat Trading Up 1.0 %

Shares of BYND stock opened at $3.86 on Friday. Beyond Meat, Inc. has a 1 year low of $3.30 and a 1 year high of $12.12. The firm’s fifty day moving average price is $3.89 and its two-hundred day moving average price is $5.27. The firm has a market capitalization of $251.67 million, a P/E ratio of -0.92 and a beta of 2.31.

Beyond Meat Company Profile

Beyond Meat, Inc, a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools.