Beyond, Inc. (NYSE:BYON) Shares Sold by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. decreased its holdings in shares of Beyond, Inc. (NYSE:BYON) by 34.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,720 shares of the company’s stock after selling 7,112 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in Beyond were worth $138,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Tidal Investments LLC acquired a new stake in shares of Beyond during the first quarter worth $33,599,000. Dimensional Fund Advisors LP acquired a new position in Beyond in the second quarter valued at $9,538,000. Refined Wealth Management acquired a new position in Beyond in the second quarter valued at $4,201,000. ProShare Advisors LLC acquired a new position in Beyond in the second quarter valued at $3,800,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Beyond in the first quarter valued at $8,956,000. Institutional investors and hedge funds own 76.30% of the company’s stock.

Analyst Upgrades and Downgrades

BYON has been the topic of a number of research analyst reports. Piper Sandler reduced their target price on Beyond from $14.00 to $8.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Wedbush reduced their target price on Beyond from $25.00 to $15.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Jefferies Financial Group reduced their target price on Beyond from $14.00 to $11.00 and set a “hold” rating on the stock in a report on Monday, September 23rd. Maxim Group reduced their target price on Beyond from $33.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Finally, Barclays cut their price objective on Beyond from $14.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $16.50.

Insider Transactions at Beyond

In other news, Director William Benjamin Nettles, Jr. sold 10,412 shares of Beyond stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $9.35, for a total transaction of $97,352.20. Following the sale, the director now directly owns 11,368 shares of the company’s stock, valued at approximately $106,290.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director William Benjamin Nettles, Jr. sold 10,412 shares of Beyond stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $9.35, for a total value of $97,352.20. Following the completion of the transaction, the director now directly owns 11,368 shares in the company, valued at approximately $106,290.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Marcus Lemonis purchased 156,985 shares of the firm’s stock in a transaction that occurred on Sunday, October 27th. The stock was purchased at an average price of $6.37 per share, with a total value of $999,994.45. Following the completion of the purchase, the chairman now directly owns 365,530 shares of the company’s stock, valued at approximately $2,328,426.10. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company’s stock.

Beyond Trading Down 2.1 %

NYSE:BYON opened at $6.21 on Friday. The business’s 50-day moving average is $9.49 and its two-hundred day moving average is $12.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.91. Beyond, Inc. has a 12 month low of $6.06 and a 12 month high of $37.10. The firm has a market capitalization of $285.97 million, a PE ratio of -0.84 and a beta of 3.70.

Beyond 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.