XTX Topco Ltd Buys 21,548 Shares of Beam Global (NASDAQ:BEEM)

XTX Topco Ltd boosted its stake in Beam Global (NASDAQ:BEEM) by 106.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,880 shares of the company’s stock after acquiring an additional 21,548 shares during the period. XTX Topco Ltd’s holdings in Beam Global were worth $133,000 at the end of the most recent reporting period.

Separately, Green Alpha Advisors LLC boosted its holdings in Beam Global by 28.1% in the fourth quarter. Green Alpha Advisors LLC now owns 59,982 shares of the company’s stock valued at $190,000 after acquiring an additional 13,162 shares in the last quarter. Institutional investors and hedge funds own 26.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reiterated a “hold” rating on shares of Beam Global in a report on Monday, April 14th.

Beam Global Trading Down 3.3 %

Shares of BEEM stock opened at $1.48 on Wednesday. Beam Global has a 12 month low of $1.33 and a 12 month high of $7.68. The stock has a market cap of $22.93 million, a PE ratio of -1.53 and a beta of 1.27. The company’s fifty day moving average price is $1.93 and its 200-day moving average price is $2.99.

Beam Global (NASDAQ:BEEM) last announced its earnings results on Friday, April 11th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.08). Beam Global had a negative net margin of 19.26% and a negative return on equity of 19.09%. The business had revenue of $11.94 million for the quarter, compared to the consensus estimate of $12.99 million. On average, sell-side analysts forecast that Beam Global will post -0.67 earnings per share for the current fiscal year.

Beam Global Company Profile

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs.