Arrington Capital Management LLC Makes New Investment in Upexi, Inc. $UPXI

Arrington Capital Management LLC bought a new position in Upexi, Inc. (NASDAQ:UPXI) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,760,107 shares of the company’s stock, valued at approximately $4,637,000. Upexi makes up approximately 4.4% of Arrington Capital Management LLC’s portfolio, making the stock its 3rd biggest holding. Arrington Capital Management LLC owned 3.96% of Upexi at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Balyasny Asset Management L.P. bought a new stake in Upexi in the fourth quarter worth $470,000. Price T Rowe Associates Inc. MD bought a new stake in Upexi in the fourth quarter worth $35,000. Osaic Holdings Inc. boosted its holdings in Upexi by 2,271.7% in the fourth quarter. Osaic Holdings Inc. now owns 444,951 shares of the company’s stock worth $748,000 after acquiring an additional 426,190 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in Upexi in the fourth quarter worth $170,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Upexi in the fourth quarter worth $58,000. 5.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on UPXI. Weiss Ratings downgraded Upexi from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, June 8th. Wall Street Zen raised Upexi from a “strong sell” rating to a “sell” rating in a report on Sunday, May 10th. Finally, Cantor Fitzgerald raised Upexi to a “strong-buy” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $8.33.

Upexi Trading Down 2.4%

Shares of NASDAQ:UPXI opened at $0.93 on Thursday. The company has a market cap of $65.28 million, a P/E ratio of -1.50 and a beta of -0.35. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.72 and a quick ratio of 1.72. Upexi, Inc. has a 1 year low of $0.54 and a 1 year high of $11.20. The stock’s fifty day moving average price is $1.22 and its 200-day moving average price is $1.45.

Upexi (NASDAQ:UPXI) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($1.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($1.47). The business had revenue of $1.05 million for the quarter, compared to the consensus estimate of $2.90 million. Upexi had a negative net margin of 874.00% and a negative return on equity of 66.70%.

Upexi Company Profile

Upexi (NASDAQ: UPXI) is a full-service digital consultancy that partners with brands to design, develop, and deploy digital products and marketing strategies. The company’s expertise spans user experience and interface design, custom software engineering, and data-driven marketing services. By integrating research, creative design, and technical execution, Upexi helps clients accelerate product development cycles and optimize their digital presence.

The firm serves a diverse, global clientele across sectors such as e-commerce, software-as-a-service (SaaS), healthcare, and finance.