Beyond Meat (NASDAQ:BYND) Director Christopher Isaac Stone sold 20,000 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $78.51, for a total value of $1,570,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Christopher Isaac Stone also recently made the following trade(s):

  • On Wednesday, October 30th, Christopher Isaac Stone sold 20,000 shares of Beyond Meat stock. The stock was sold at an average price of $82.00, for a total value of $1,640,000.00.

Beyond Meat stock opened at $78.27 on Wednesday. The company has a quick ratio of 7.90, a current ratio of 8.95 and a debt-to-equity ratio of 0.07. The stock’s 50 day moving average is $116.10. Beyond Meat has a twelve month low of $45.00 and a twelve month high of $239.71.

Beyond Meat (NASDAQ:BYND) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. The business had revenue of $91.96 million during the quarter, compared to analyst estimates of $83.35 million. Beyond Meat’s quarterly revenue was up 250.0% on a year-over-year basis. As a group, research analysts forecast that Beyond Meat will post -0.2 EPS for the current year.

A number of analysts have weighed in on BYND shares. Zacks Investment Research raised Beyond Meat from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a research report on Wednesday, October 30th. Goldman Sachs Group reaffirmed a “neutral” rating and set a $122.00 price objective on shares of Beyond Meat in a research report on Tuesday, October 29th. Wells Fargo & Co decreased their price objective on Beyond Meat from $125.00 to $100.00 and set a “market perform” rating for the company in a research report on Tuesday, October 29th. They noted that the move was a valuation call. Bank of America decreased their price objective on Beyond Meat from $150.00 to $122.00 and set a “neutral” rating for the company in a research report on Tuesday, October 29th. Finally, Sanford C. Bernstein raised Beyond Meat from a “market perform” rating to an “outperform” rating and set a $106.00 price objective for the company in a research report on Tuesday, November 5th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $119.10.

Several institutional investors and hedge funds have recently bought and sold shares of BYND. Valeo Financial Advisors LLC acquired a new stake in shares of Beyond Meat in the 3rd quarter valued at approximately $30,000. Rocky Mountain Advisers LLC acquired a new stake in shares of Beyond Meat in the 2nd quarter valued at approximately $32,000. Sandy Spring Bank acquired a new stake in shares of Beyond Meat in the 2nd quarter valued at approximately $32,000. Sterling Investment Advisors Ltd. acquired a new stake in shares of Beyond Meat in the 2nd quarter valued at approximately $32,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Beyond Meat in the 2nd quarter valued at approximately $40,000. 9.63% of the stock is owned by institutional investors and hedge funds.

Beyond Meat Company Profile

Beyond Meat, Inc, a food company, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells its products under the Beyond Beef, Beyond Chicken, The Beyond Burger, Beyond Meat, Beyond Sausage, Eat What You Love, and The Cookout Classic brand names.

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Insider Buying and Selling by Quarter for Beyond Meat (NASDAQ:BYND)

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