Caprock Group LLC Sells 15,000 Shares of SNDL Inc. (NASDAQ:SNDL)

Caprock Group LLC cut its holdings in shares of SNDL Inc. (NASDAQ:SNDL) by 13.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 96,000 shares of the company’s stock after selling 15,000 shares during the period. Caprock Group LLC owned about 0.06% of SNDL worth $198,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of SNDL during the 3rd quarter worth $33,000. Jeppson Wealth Management LLC bought a new position in shares of SNDL in the second quarter worth about $38,000. Vontobel Holding Ltd. boosted its stake in shares of SNDL by 38.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 159,914 shares of the company’s stock valued at $329,000 after purchasing an additional 44,579 shares in the last quarter. RMR Capital Management LLC bought a new stake in shares of SNDL during the 3rd quarter valued at approximately $103,000. Finally, Magnus Financial Group LLC acquired a new position in SNDL during the 2nd quarter worth approximately $228,000.

SNDL Price Performance

Shares of NASDAQ:SNDL opened at $1.98 on Monday. SNDL Inc. has a one year low of $1.30 and a one year high of $2.93. The company has a debt-to-equity ratio of 0.10, a current ratio of 5.61 and a quick ratio of 4.16. The company has a market cap of $328.72 million, a price-to-earnings ratio of -6.39 and a beta of 3.20. The firm has a 50 day simple moving average of $2.04 and a 200 day simple moving average of $2.09.

About SNDL

SNDL Inc engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores.