11,800 Shares in Bioceres Crop Solutions Corp. (NASDAQ:BIOX) Acquired by Jump Financial LLC

Jump Financial LLC purchased a new position in shares of Bioceres Crop Solutions Corp. (NASDAQ:BIOX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 11,800 shares of the company’s stock, valued at approximately $72,000.

Several other large investors have also recently made changes to their positions in the company. Ballast Asset Management LP increased its position in shares of Bioceres Crop Solutions by 23.5% during the fourth quarter. Ballast Asset Management LP now owns 431,887 shares of the company’s stock worth $2,620,000 after purchasing an additional 82,187 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Bioceres Crop Solutions by 17.0% during the fourth quarter. JPMorgan Chase & Co. now owns 105,301 shares of the company’s stock worth $640,000 after purchasing an additional 15,328 shares in the last quarter. Fourth Sail Capital LP increased its position in shares of Bioceres Crop Solutions by 16.6% during the fourth quarter. Fourth Sail Capital LP now owns 3,698,961 shares of the company’s stock worth $22,490,000 after purchasing an additional 527,859 shares in the last quarter. Finally, Ping Capital Management Inc. increased its position in shares of Bioceres Crop Solutions by 7.3% during the fourth quarter. Ping Capital Management Inc. now owns 44,000 shares of the company’s stock worth $268,000 after purchasing an additional 3,000 shares in the last quarter. 17.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on BIOX shares. Lake Street Capital lowered their price objective on Bioceres Crop Solutions from $13.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Oppenheimer lowered their price objective on Bioceres Crop Solutions from $8.00 to $7.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 22nd. Finally, Canaccord Genuity Group lowered their price objective on Bioceres Crop Solutions from $7.00 to $6.50 and set a “buy” rating on the stock in a research note on Thursday, February 13th. Four equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $8.63.

Bioceres Crop Solutions Stock Performance

Shares of Bioceres Crop Solutions stock opened at $4.23 on Tuesday. Bioceres Crop Solutions Corp. has a 52 week low of $3.51 and a 52 week high of $13.18. The business’s fifty day simple moving average is $4.38 and its 200-day simple moving average is $5.79. The firm has a market cap of $265.27 million, a PE ratio of 211.61 and a beta of 0.60. The company has a quick ratio of 0.96, a current ratio of 1.33 and a debt-to-equity ratio of 0.43.

Bioceres Crop Solutions Company Profile

Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops.