Beyond Meat, Inc. (NASDAQ:BYND) is now up 422% compared to a 12-month low of $45. We have seen the price to move 5.4% higher and get settled at $234.9 on 7/26/2019. At recent session, it appeared stuck in a range of $215.5 to $239.71. This company shares are -50.76% up from its target price of $115.67 and the current market capitalization stands at $13.4B. The recent change has given its price a 67.1% lead over SMA 50 and 5.39% lead over its 52-week high. The stock witnessed 46.37% gains, 0% declines and 0% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BYND’s volatility during a week at 9.12% and during a month it has been found around 5.57%.
What Does Beyond Meat, Inc. (BYND) Do?
The company describes itself in regulatory filings as, “Beyond Meat, Inc. engages in the provision of plant-based meats. Its products include ready-to-cook meat under the brands The Beyond Burger and Beyond Sausage; and frozen meat namely Beyond Chicken Strips and Beyond Beef Crumbles. The company was founded by Ethan Walden Brown and Brent Taylor in 2009 and is headquartered in El Segundo, CA.” [Text can be found here: https://www.marketwatch.com/investing/stock/BYND/profile under company description.]Beyond Meat, Inc. (BYND) Top Holders
Institutional investors currently hold around $22 million or 3.8% in BYND stock. Look at its top three institutional owners: Atalanta Sosnoff Capital, Llc owns $9.61 million in Beyond Meat, Inc., which represents roughly 0.07% of the company’s market cap and approximately 43.67% of the institutional ownership. Similar statistics are true for the second largest owner, Commerzbank Aktiengesellschaft /Fi, which owns 27,809 shares of the stock are valued at $6.53 million. The third largest holder is Creative Planning, which currently holds $1.69 million worth of this stock and that ownership represents nearly 0.01% of its market capitalization.Beyond Meat, Inc. 13F Filings
At the end of June reporting period, 21 institutional holders increased their position in Beyond Meat, Inc. (NASDAQ:BYND) by some 92,882 shares, decreased positions by and held positions by . That puts total institutional holdings at 92,882 shares, according to SEC filings. The stock grabbed 21 new institutional investments totaling 92,882 shares while institutional investors sold out their entire positions totaling shares.Beyond Meat, Inc. (NASDAQ:BYND) Insider Trades
Multiple company employees have indulged in significant insider trading. Beyond Meat, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Waller Kathy N has acquired 500 shares of Beyond Meat, Inc. (BYND) in the trading session dated May. 06, 2019. These shares are worth $12,500 and were traded at $25 each. The SEC filing shows that van Lengerich Bernhard performed a purchase of 4,500 shares. The Director added these shares by way of transaction on May. 06, 2019. The company’s shares were assimilated at $25 per share worth to an investment of some $112,500 to the account of van Lengerich Bernhard.
Director, Thompson Donald, purchased 18,000 common shares of Beyond Meat, Inc. (BYND) in the open market. In a transaction dated May. 06, 2019, the shares were bought at an average price of $25, giving away a sum of $450,000. After this purchase, 2,632,384 common shares of BYND are directly owned by the insider, with total stake valued at $618,347,002.
In the transaction dated May. 06, 2019, a great number of shares acquired came courtesy the Director; SEGAL NED D. added a total of 5,000 shares at an average price of $25, amounting to approximately $125,000. The insider now directly owns 5,000 shares worth $1,174,500.Beyond Meat, Inc. (BYND) Analyst Guide
Several analysts have released their opinion on Beyond Meat, Inc. (NASDAQ:BYND), with 0 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation [T1].