D.A. Davidson & CO. Has $51,000 Stock Holdings in Beyond, Inc. (NYSE:BYON)

D.A. Davidson & CO. lowered its stake in Beyond, Inc. (NYSE:BYON) by 24.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,435 shares of the company’s stock after selling 3,290 shares during the period. D.A. Davidson & CO.’s holdings in Beyond were worth $51,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Royce & Associates LP raised its stake in Beyond by 57.8% during the third quarter. Royce & Associates LP now owns 845,977 shares of the company’s stock worth $8,527,000 after acquiring an additional 309,810 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Beyond by 34.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 389,694 shares of the company’s stock valued at $3,928,000 after acquiring an additional 100,335 shares during the last quarter. Refined Wealth Management boosted its holdings in shares of Beyond by 14.8% during the 4th quarter. Refined Wealth Management now owns 401,095 shares of the company’s stock valued at $1,977,000 after acquiring an additional 51,763 shares in the last quarter. ARS Investment Partners LLC boosted its holdings in shares of Beyond by 62.2% during the 4th quarter. ARS Investment Partners LLC now owns 106,873 shares of the company’s stock valued at $527,000 after acquiring an additional 41,000 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Beyond during the 3rd quarter worth $378,000. 76.30% of the stock is owned by institutional investors.

Beyond Stock Performance

Shares of BYON stock opened at $6.37 on Friday. The stock has a market capitalization of $293.08 million, a PE ratio of -0.86 and a beta of 3.81. The business’s 50 day simple moving average is $6.89 and its 200 day simple moving average is $7.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.91. Beyond, Inc. has a one year low of $4.45 and a one year high of $37.10.

Beyond (NYSE:BYON) last posted its quarterly earnings data on Monday, February 24th. The company reported ($0.91) EPS for the quarter, missing analysts’ consensus estimates of ($0.74) by ($0.17). Beyond had a negative net margin of 22.82% and a negative return on equity of 69.32%. The firm had revenue of $303.15 million during the quarter, compared to the consensus estimate of $337.96 million. As a group, research analysts forecast that Beyond, Inc. will post -3.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on BYON shares. Wedbush reiterated an “outperform” rating and issued a $15.00 target price on shares of Beyond in a research report on Wednesday, February 5th. Maxim Group dropped their price objective on shares of Beyond from $26.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday. Argus downgraded shares of Beyond from a “hold” rating to a “sell” rating in a research report on Wednesday, December 18th. Finally, Barclays decreased their price target on shares of Beyond from $8.00 to $7.00 and set an “equal weight” rating for the company in a research report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Beyond currently has a consensus rating of “Hold” and a consensus target price of $10.86.

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.