Perigon Wealth Management LLC Purchases 2,986 Shares of Beyond Meat, Inc. (NASDAQ:BYND)

Perigon Wealth Management LLC increased its position in Beyond Meat, Inc. (NASDAQ:BYND) by 25.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 14,530 shares of the company’s stock after buying an additional 2,986 shares during the period. Perigon Wealth Management LLC’s holdings in Beyond Meat were worth $55,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BYND. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its holdings in shares of Beyond Meat by 42.7% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 625,396 shares of the company’s stock valued at $4,240,000 after purchasing an additional 186,996 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of Beyond Meat by 91.5% in the 3rd quarter. Vontobel Holding Ltd. now owns 569,773 shares of the company’s stock valued at $3,863,000 after acquiring an additional 272,240 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 acquiring an additional 7,332 shares during the last quarter. Zweig DiMenna Associates LLC bought a new position in shares of Beyond Meat in the 4th quarter valued at about $1,746,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of 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 acquiring an additional 5,419 shares during the last quarter. Institutional investors own 52.48% of the company’s stock.

Beyond Meat Trading Down 4.3 %

Shares of NASDAQ:BYND opened at $3.79 on Tuesday. Beyond Meat, Inc. has a 12 month low of $3.30 and a 12 month high of $12.12. The company has a market cap of $247.12 million, a price-to-earnings ratio of -0.91 and a beta of 2.26. The company has a 50-day moving average price of $4.07 and a 200 day moving average price of $5.40.

Beyond Meat (NASDAQ:BYND) last issued its earnings results on Wednesday, November 6th. The company reported ($0.41) EPS for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.03. The company had revenue of $81.01 million for the quarter, compared to analysts’ expectations of $80.13 million. The business’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business posted ($1.09) earnings per share. As a group, equities analysts forecast that Beyond Meat, Inc. will post -2.09 EPS for the current year.

Insider Transactions 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 completion of the transaction, the insider now owns 1,703,288 shares of the company’s stock, valued at approximately $6,387,330. The trade was a 15.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 8.60% of the company’s stock.

About Beyond Meat

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.