80,071 Shares in Beyond, Inc. (NYSE:BYON) Acquired by PFG Investments LLC

PFG Investments LLC bought a new stake in shares of Beyond, Inc. (NYSE:BYON - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 80,071 shares of the company's stock, valued at approximately $464,000. PFG Investments LLC owned about 0.15% of Beyond at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Tidal Investments LLC lifted its holdings in Beyond by 140.4% during the 4th quarter. Tidal Investments LLC now owns 2,406,746 shares of the company's stock worth $11,865,000 after buying an additional 1,405,770 shares during the last quarter. Two Sigma Investments LP lifted its stake in Beyond by 75.1% during the fourth quarter. Two Sigma Investments LP now owns 916,178 shares of the company's stock worth $4,517,000 after purchasing an additional 392,977 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in Beyond by 362.8% in the fourth quarter. Two Sigma Advisers LP now owns 901,500 shares of the company's stock worth $4,444,000 after purchasing an additional 706,700 shares during the period. Invesco Ltd. increased its stake in Beyond by 26.4% during the fourth quarter. Invesco Ltd. now owns 796,445 shares of the company's stock valued at $3,926,000 after purchasing an additional 166,411 shares during the last quarter. Finally, Federated Hermes Inc. increased its stake in Beyond by 390.0% during the fourth quarter. Federated Hermes Inc. now owns 728,158 shares of the company's stock valued at $3,590,000 after purchasing an additional 579,565 shares during the last quarter. Institutional investors and hedge funds own 76.30% of the company's stock.

Analyst Ratings Changes

BYON has been the subject of several research reports. Jefferies Financial Group decreased their price target on shares of Beyond from $6.50 to $5.00 and set a "hold" rating for the company in a report on Tuesday, April 29th. Barclays cut their target price on shares of Beyond from $7.00 to $5.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 30th. Maxim Group lowered their target price on Beyond from $26.00 to $16.00 and set a "buy" rating for the company in a report on Wednesday, February 26th. Needham & Company LLC reissued a "hold" rating on shares of Beyond in a report on Wednesday, April 30th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $15.00 target price on shares of Beyond in a research report on Tuesday, April 22nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, Beyond has an average rating of "Hold" and a consensus target price of $9.14.

Beyond Stock Up 0.5%

Beyond stock traded up $0.03 during mid-day trading on Wednesday, hitting $6.32. 1,243,667 shares of the company's stock traded hands, compared to its average volume of 2,718,602. The firm has a 50 day moving average price of $5.47 and a 200 day moving average price of $5.84. The company has a market cap of $364.54 million, a PE ratio of -1.36 and a beta of 3.29. Beyond, Inc. has a one year low of $3.54 and a one year high of $15.44.

Beyond (NYSE:BYON - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The company reported ($0.42) earnings per share for the quarter, beating the consensus estimate of ($0.67) by $0.25. The business had revenue of $231.75 million during the quarter, compared to analyst estimates of $288.13 million. Beyond had a negative return on equity of 77.61% and a negative net margin of 18.06%. The company's revenue was down 39.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($1.22) earnings per share. On average, analysts expect that Beyond, Inc. will post -3.75 earnings per share for the current fiscal year.

Beyond Company Profile

Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.