Refined Wealth Management Has $1.98 Million Stake in Beyond, Inc. (NYSE:BYON)

Refined Wealth Management increased its position in shares of Beyond, Inc. (NYSE:BYONFree Report) by 14.8% during the fourth quarter, HoldingsChannel reports. The fund owned 401,095 shares of the company’s stock after buying an additional 51,763 shares during the quarter. Beyond comprises about 1.5% of Refined Wealth Management’s portfolio, making the stock its 14th largest holding. Refined Wealth Management’s holdings in Beyond were worth $1,977,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company grew its holdings in shares of Beyond by 8.2% during the second quarter. The Manufacturers Life Insurance Company now owns 17,818 shares of the company’s stock worth $233,000 after purchasing an additional 1,348 shares during the last quarter. Fortis Group Advisors LLC boosted its position in Beyond by 14.4% during the 3rd quarter. Fortis Group Advisors LLC now owns 13,689 shares of the company’s stock worth $138,000 after buying an additional 1,724 shares during the period. Franklin Resources Inc. grew its holdings in Beyond by 12.8% during the 3rd quarter. Franklin Resources Inc. now owns 21,299 shares of the company’s stock worth $217,000 after acquiring an additional 2,411 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Beyond by 25.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,127 shares of the company’s stock valued at $152,000 after acquiring an additional 3,059 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new position in Beyond during the 2nd quarter worth $47,000. Institutional investors and hedge funds own 76.30% of the company’s stock.

Beyond Trading Up 10.4 %

NYSE:BYON opened at $7.73 on Monday. Beyond, Inc. has a 12 month low of $4.45 and a 12 month high of $37.10. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $355.74 million, a price-to-earnings ratio of -1.05 and a beta of 3.74. The firm has a fifty day simple moving average of $5.77 and a two-hundred day simple moving average of $8.56.

Wall Street Analyst Weigh In

A number of research firms have commented on BYON. Barclays reduced their price target on Beyond from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 9th. Bank of America downgraded shares of Beyond from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $12.50 to $6.00 in a research report on Friday, October 25th. Piper Sandler reduced their price objective on shares of Beyond from $14.00 to $8.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Argus cut shares of Beyond from a “hold” rating to a “sell” rating in a research report on Wednesday, December 18th. Finally, Wedbush dropped their target price on shares of Beyond from $25.00 to $15.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $16.38.

View Our Latest Analysis on Beyond

Beyond Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Beyond (NYSE:BYON)

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