Thompson Siegel & Walmsley LLC Has $2.69 Million Stake in Mama’s Creations, Inc. (NASDAQ:MAMA)

Thompson Siegel & Walmsley LLC lowered its stake in Mama’s Creations, Inc. (NASDAQ:MAMA) by 16.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 368,532 shares of the company’s stock after selling 70,610 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.98% of Mama’s Creations worth $2,690,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MAMA. Vanguard Group Inc. increased its holdings in shares of Mama’s Creations by 3.2% during the first quarter. Vanguard Group Inc. now owns 1,479,944 shares of the company’s stock valued at $7,400,000 after acquiring an additional 45,500 shares in the last quarter. Annex Advisory Services LLC grew its holdings in shares of Mama’s Creations by 693.5% during the third quarter. Annex Advisory Services LLC now owns 714,308 shares of the company’s stock valued at $5,214,000 after buying an additional 624,289 shares during the last quarter. First Eagle Investment Management LLC increased its position in shares of Mama’s Creations by 166.0% during the second quarter. First Eagle Investment Management LLC now owns 619,376 shares of the company’s stock worth $4,175,000 after acquiring an additional 386,542 shares in the last quarter. Apis Capital Advisors LLC raised its holdings in shares of Mama’s Creations by 5.2% in the 2nd quarter. Apis Capital Advisors LLC now owns 462,000 shares of the company’s stock worth $3,114,000 after acquiring an additional 23,000 shares during the last quarter. Finally, Rice Hall James & Associates LLC lifted its position in Mama’s Creations by 5.1% in the 2nd quarter. Rice Hall James & Associates LLC now owns 446,004 shares of the company’s stock valued at $3,006,000 after acquiring an additional 21,790 shares in the last quarter. 45.18% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Adam Laurance Michaels sold 65,898 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $7.42, for a total value of $488,963.16. Following the completion of the transaction, the chief executive officer now directly owns 543,260 shares of the company’s stock, valued at approximately $4,030,989.20. This trade represents a 10.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.00% of the stock is currently owned by insiders.

Mama’s Creations Stock Up 5.7 %

MAMA opened at $9.16 on Friday. Mama’s Creations, Inc. has a twelve month low of $3.46 and a twelve month high of $9.20. The company’s 50-day moving average price is $7.83 and its two-hundred day moving average price is $7.47. The stock has a market cap of $344.23 million, a price-to-earnings ratio of 66.70 and a beta of 1.04. The company has a quick ratio of 1.17, a current ratio of 1.37 and a debt-to-equity ratio of 0.18.

Mama’s Creations (NASDAQ:MAMA) last posted its quarterly earnings data on Tuesday, September 10th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. The business had revenue of $28.38 million for the quarter, compared to the consensus estimate of $27.80 million. Mama’s Creations had a return on equity of 25.53% and a net margin of 4.51%. During the same quarter in the prior year, the business earned $0.05 earnings per share. As a group, equities analysts expect that Mama’s Creations, Inc. will post 0.14 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on MAMA shares. Roth Mkm reiterated a “buy” rating and issued a $10.00 target price (up previously from $8.50) on shares of Mama’s Creations in a research note on Wednesday, September 11th. Craig Hallum boosted their target price on Mama’s Creations from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, September 11th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $10.00.

Mama’s Creations Profile

Mama's Creations, Inc, together with its subsidiaries, manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.