AquaBounty Technologies, Inc. (NASDAQ:AQB) Holdings Increased by Virtu Financial LLC


Share on StockTwits

Virtu Financial LLC grew its stake in shares of AquaBounty Technologies, Inc. (NASDAQ:AQB) by 88.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,182 shares of the company’s stock after buying an additional 20,682 shares during the quarter. Virtu Financial LLC owned about 0.06% of AquaBounty Technologies worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the business. Third Security LLC grew its stake in shares of AquaBounty Technologies by 28.1% in the 3rd quarter. Third Security LLC now owns 18,253,912 shares of the company’s stock worth $81,778,000 after purchasing an additional 4,000,000 shares during the last quarter. BlackRock Inc. grew its stake in shares of AquaBounty Technologies by 676.0% in the 3rd quarter. BlackRock Inc. now owns 590,893 shares of the company’s stock worth $2,648,000 after purchasing an additional 514,747 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of AquaBounty Technologies by 13.3% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 196,788 shares of the company’s stock worth $1,724,000 after purchasing an additional 23,029 shares during the last quarter. Nikko Asset Management Americas Inc. grew its stake in shares of AquaBounty Technologies by 13.3% in the 4th quarter. Nikko Asset Management Americas Inc. now owns 196,788 shares of the company’s stock worth $1,724,000 after purchasing an additional 23,029 shares during the last quarter. Finally, Capital Impact Advisors LLC acquired a new position in shares of AquaBounty Technologies in the 4th quarter worth approximately $1,668,000. Institutional investors own 60.01% of the company’s stock.

AQB has been the topic of several recent research reports. Lake Street Capital lifted their price objective on shares of AquaBounty Technologies from $5.00 to $9.00 in a research note on Friday, December 11th. HC Wainwright reissued a “neutral” rating on shares of AquaBounty Technologies in a research report on Tuesday, March 16th.

AquaBounty Technologies stock opened at $6.51 on Thursday. The firm’s 50 day simple moving average is $7.16 and its 200-day simple moving average is $7.64. The company has a market cap of $461.81 million, a P/E ratio of -13.85 and a beta of 1.27. The company has a debt-to-equity ratio of 0.14, a current ratio of 18.33 and a quick ratio of 17.10. AquaBounty Technologies, Inc. has a fifty-two week low of $1.62 and a fifty-two week high of $13.32.

AquaBounty Technologies (NASDAQ:AQB) last released its earnings results on Monday, March 8th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.05). AquaBounty Technologies had a negative return on equity of 36.77% and a negative net margin of 11,050.81%. On average, analysts expect that AquaBounty Technologies, Inc. will post -0.39 EPS for the current fiscal year.

AquaBounty Technologies Profile

AquaBounty Technologies, Inc, a biotechnology company, focuses on improving productivity in the commercial aquaculture industry in the United States and Canada. It offers AquAdvantage Salmon, a bioengineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts.

See Also: How to Invest in Marijuana Stocks

Institutional Ownership by Quarter for AquaBounty Technologies (NASDAQ:AQB)

Receive News & Ratings for AquaBounty Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AquaBounty Technologies and related companies with MarketBeat.com's FREE daily email newsletter.