Seven Post Investment Office LP Purchases New Position in BuzzFeed, Inc. (NASDAQ:BZFD)

Seven Post Investment Office LP acquired a new position in shares of BuzzFeed, Inc. (NASDAQ:BZFD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 681,428 shares of the company’s stock, valued at approximately $1,881,000. BuzzFeed comprises approximately 0.3% of Seven Post Investment Office LP’s investment portfolio, making the stock its 25th biggest holding. Seven Post Investment Office LP owned approximately 1.86% of BuzzFeed as of its most recent filing with the Securities & Exchange Commission.

Separately, Baader Bank Aktiengesellschaft purchased a new position in BuzzFeed during the 2nd quarter worth approximately $475,000. 37.64% of the stock is currently owned by hedge funds and other institutional investors.

BuzzFeed Trading Down 1.3 %

Shares of NASDAQ BZFD opened at $2.33 on Friday. The stock has a 50 day moving average of $2.66 and a two-hundred day moving average of $2.17. The stock has a market cap of $85.30 million, a P/E ratio of -0.95 and a beta of 3.35. BuzzFeed, Inc. has a twelve month low of $0.64 and a twelve month high of $4.56.

BuzzFeed (NASDAQ:BZFD) last posted its quarterly earnings data on Monday, August 12th. The company reported ($0.18) earnings per share (EPS) for the quarter. The firm had revenue of $46.93 million for the quarter. BuzzFeed had a negative net margin of 28.24% and a negative return on equity of 45.51%.

BuzzFeed Company Profile

BuzzFeed, Inc, a digital media company, distributes content across owned and operated, as well as third-party platforms. The company offers BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a pocket friendly newsroom; Tasty, a platform for food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content.