Geode Capital Management LLC Has $500,000 Holdings in BuzzFeed, Inc. (NASDAQ:BZFD)

Geode Capital Management LLC grew its position in shares of BuzzFeed, Inc. (NASDAQ:BZFD) by 18.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 187,598 shares of the company’s stock after purchasing an additional 29,543 shares during the quarter. Geode Capital Management LLC owned about 0.50% of BuzzFeed worth $500,000 as of its most recent SEC filing.

Separately, Dimensional Fund Advisors LP acquired a new stake in shares of BuzzFeed during the second quarter worth $53,000. 37.64% of the stock is currently owned by hedge funds and other institutional investors.

BuzzFeed Stock Down 3.7 %

BZFD stock opened at $2.62 on Friday. The firm has a market cap of $99.56 million, a price-to-earnings ratio of -1.81 and a beta of 3.75. The company’s fifty day simple moving average is $3.39 and its 200 day simple moving average is $2.90. BuzzFeed, Inc. has a 12-month low of $0.64 and a 12-month high of $5.68.

BuzzFeed Company Profile

BuzzFeed, Inc, a digital media company, distributes content across owned and operated, as well as third-party platforms. The company offers BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a pocket friendly newsroom; Tasty, a platform for food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content.