Mama's Creations, Inc. (NASDAQ:MAMA) Shares Sold by Apis Capital Advisors LLC

Apis Capital Advisors LLC decreased its position in Mama's Creations, Inc. (NASDAQ:MAMA - Free Report) by 26.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,000 shares of the company's stock after selling 119,385 shares during the period. Mama's Creations makes up approximately 1.7% of Apis Capital Advisors LLC's holdings, making the stock its 17th biggest position. Apis Capital Advisors LLC owned 0.88% of Mama's Creations worth $2,627,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wasatch Advisors LP increased its position in shares of Mama's Creations by 13.3% during the fourth quarter. Wasatch Advisors LP now owns 4,063,991 shares of the company's stock valued at $32,349,000 after acquiring an additional 476,562 shares in the last quarter. Annex Advisory Services LLC grew its position in Mama's Creations by 71.0% during the fourth quarter. Annex Advisory Services LLC now owns 1,221,373 shares of the company's stock valued at $9,722,000 after buying an additional 507,065 shares during the period. First Eagle Investment Management LLC raised its position in Mama's Creations by 22.7% in the fourth quarter. First Eagle Investment Management LLC now owns 1,135,417 shares of the company's stock worth $9,038,000 after acquiring an additional 210,045 shares during the period. Geode Capital Management LLC increased its holdings in shares of Mama's Creations by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 757,796 shares of the company's stock worth $6,033,000 after buying an additional 2,305 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Mama's Creations by 3.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 478,105 shares of the company's stock valued at $3,806,000 after buying an additional 16,631 shares in the last quarter. 45.18% of the stock is currently owned by institutional investors.

Mama's Creations Trading Up 1.4 %

NASDAQ MAMA traded up $0.09 during trading hours on Thursday, hitting $6.69. 181,630 shares of the company were exchanged, compared to its average volume of 343,571. The stock has a 50-day moving average price of $6.42 and a 200 day moving average price of $7.37. Mama's Creations, Inc. has a 52 week low of $5.50 and a 52 week high of $9.98. The stock has a market cap of $251.52 million, a PE ratio of 74.34 and a beta of 0.64. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.16.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last posted its earnings results on Tuesday, April 8th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $33.59 million for the quarter, compared to analyst estimates of $31.02 million. Mama's Creations had a net margin of 3.02% and a return on equity of 16.52%. Analysts forecast that Mama's Creations, Inc. will post 0.09 earnings per share for the current fiscal year.

Mama's Creations Profile

Mama's Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products.