GSA Capital Partners LLP Purchases Shares of 31,126 Leslie’s, Inc. (NASDAQ:LESL)

GSA Capital Partners LLP acquired a new position in Leslie’s, Inc. (NASDAQ:LESL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 31,126 shares of the company’s stock, valued at approximately $98,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. nVerses Capital LLC bought a new stake in Leslie’s in the second quarter worth approximately $26,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Leslie’s during the 3rd quarter valued at $32,000. Blue Trust Inc. boosted its stake in Leslie’s by 1,089.6% during the third quarter. Blue Trust Inc. now owns 11,075 shares of the company’s stock worth $35,000 after acquiring an additional 10,144 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in Leslie’s in the second quarter worth $55,000. Finally, Los Angeles Capital Management LLC bought a new position in shares of Leslie’s during the 2nd quarter worth about $57,000.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Mizuho dropped their price objective on shares of Leslie’s from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 6th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $4.00 price target on shares of Leslie’s in a report on Tuesday, August 27th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $3.96.

Leslie’s Stock Performance

NASDAQ:LESL opened at $3.51 on Tuesday. The business’s fifty day moving average is $2.86 and its 200 day moving average is $3.50. The firm has a market cap of $649.03 million, a price-to-earnings ratio of 175.50, a PEG ratio of 2.16 and a beta of 1.19. Leslie’s, Inc. has a 52-week low of $2.42 and a 52-week high of $8.21.

Leslie’s Company Profile

Leslie’s, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.