4,295 Shares in Cal-Maine Foods, Inc. (NASDAQ:CALM) Acquired by Aigen Investment Management LP

Aigen Investment Management LP purchased a new position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM) in the 3rd quarter, Holdings Channel reports. The firm purchased 4,295 shares of the basic materials company’s stock, valued at approximately $321,000.

Other large investors also recently modified their holdings of the company. Axiom Advisory LLC lifted its position in shares of Cal-Maine Foods by 3.3% during the 3rd quarter. Axiom Advisory LLC now owns 4,061 shares of the basic materials company’s stock worth $280,000 after purchasing an additional 128 shares during the last quarter. Hexagon Capital Partners LLC lifted its holdings in Cal-Maine Foods by 57.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 427 shares of the basic materials company’s stock worth $32,000 after buying an additional 155 shares during the last quarter. Garner Asset Management Corp boosted its position in shares of Cal-Maine Foods by 0.9% during the 2nd quarter. Garner Asset Management Corp now owns 20,252 shares of the basic materials company’s stock worth $1,238,000 after acquiring an additional 183 shares in the last quarter. Regal Investment Advisors LLC raised its position in shares of Cal-Maine Foods by 3.9% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,404 shares of the basic materials company’s stock worth $330,000 after acquiring an additional 203 shares in the last quarter. Finally, Arizona State Retirement System raised its position in shares of Cal-Maine Foods by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 11,765 shares of the basic materials company’s stock worth $719,000 after acquiring an additional 230 shares in the last quarter. 84.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on CALM. Stephens began coverage on shares of Cal-Maine Foods in a research note on Thursday, October 3rd. They issued an “equal weight” rating and a $82.00 price target on the stock. StockNews.com raised shares of Cal-Maine Foods from a “hold” rating to a “buy” rating in a research report on Friday.

Cal-Maine Foods Trading Down 0.0 %

Shares of CALM opened at $90.43 on Friday. The company’s 50 day simple moving average is $83.42 and its 200-day simple moving average is $70.65. The firm has a market cap of $4.43 billion, a PE ratio of 10.36 and a beta of -0.12. Cal-Maine Foods, Inc. has a 12-month low of $45.07 and a 12-month high of $95.06.

Cal-Maine Foods (NASDAQ:CALM) last announced its earnings results on Tuesday, October 1st. The basic materials company reported $3.06 EPS for the quarter, missing analysts’ consensus estimates of $3.36 by ($0.30). The business had revenue of $785.87 million during the quarter, compared to analysts’ expectations of $704.65 million. Cal-Maine Foods had a net margin of 16.09% and a return on equity of 24.25%. Cal-Maine Foods’s quarterly revenue was up 71.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. As a group, equities research analysts forecast that Cal-Maine Foods, Inc. will post 8.54 EPS for the current fiscal year.

Insider Buying and Selling at Cal-Maine Foods

In other Cal-Maine Foods news, VP Robert L. Holladay, Jr. sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $70.93, for a total transaction of $106,395.00. Following the transaction, the vice president now owns 16,754 shares in the company, valued at approximately $1,188,361.22. The trade was a 8.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 13.45% of the company’s stock.

About Cal-Maine Foods

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names.