Beyond, Inc. (NYSE:BYON) Shares Purchased by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC raised its stake in shares of Beyond, Inc. (NYSE:BYON) by 29.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 93,514 shares of the company’s stock after purchasing an additional 21,100 shares during the period. Gladstone Institutional Advisory LLC owned 0.20% of Beyond worth $461,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BYON. Royce & Associates LP increased its position 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 purchasing an additional 309,810 shares during the last quarter. JPMorgan Chase & Co. increased its position in Beyond by 34.7% during the third quarter. JPMorgan Chase & Co. now owns 389,694 shares of the company’s stock worth $3,928,000 after purchasing an additional 100,335 shares during the last quarter. Refined Wealth Management increased its position in Beyond by 14.8% during the fourth quarter. Refined Wealth Management now owns 401,095 shares of the company’s stock worth $1,977,000 after purchasing an additional 51,763 shares during the last quarter. Semanteon Capital Management LP grew its stake in Beyond by 76.2% during the third quarter. Semanteon Capital Management LP now owns 113,959 shares of the company’s stock worth $1,149,000 after buying an additional 49,300 shares during the period. Finally, ARS Investment Partners LLC grew its stake in Beyond by 62.2% during the fourth quarter. ARS Investment Partners LLC now owns 106,873 shares of the company’s stock worth $527,000 after buying an additional 41,000 shares during the period. Institutional investors and hedge funds own 76.30% of the company’s stock.

Beyond Price Performance

Shares of BYON stock opened at $8.84 on Friday. The company has a market capitalization of $406.82 million, a PE ratio of -1.20 and a beta of 3.81. The firm has a fifty day simple moving average of $6.40 and a 200-day simple moving average of $8.11. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 0.17. Beyond, Inc. has a twelve month low of $4.45 and a twelve month high of $37.10.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Bank of America downgraded shares of Beyond from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $12.50 to $6.00 in a research note on Friday, October 25th. Maxim Group decreased their price objective on shares of Beyond from $33.00 to $26.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Needham & Company LLC reiterated a “buy” rating and set a $13.00 price objective on shares of Beyond in a research note on Wednesday, October 23rd. Wedbush reiterated an “outperform” rating and set a $15.00 price objective on shares of Beyond in a research note on Wednesday, February 5th. Finally, Piper Sandler decreased their price objective on shares of Beyond from $14.00 to $8.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Beyond currently has a consensus rating of “Hold” and a consensus price target of $12.29.

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.