XCF Global Capital (NASDAQ:SAFX) Major Shareholder Randy Soule Sells 5,000,000 Shares

XCF Global Capital, Inc. (NASDAQ:SAFX) major shareholder Randy Soule sold 5,000,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $0.41, for a total value of $2,050,000.00. Following the completion of the sale, the insider owned 72,383,239 shares in the company, valued at approximately $29,677,127.99. This represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Randy Soule also recently made the following trade(s):

• On Thursday, April 30th, Randy Soule sold 9,000,000 shares of XCF Global Capital stock. The shares were sold at an average price of $0.34, for a total value of $3,060,000.00.
• On Thursday, March 12th, Randy Soule sold 1,261,830 shares of XCF Global Capital stock. The shares were sold at an average price of $0.52, for a total value of $656,151.60.

XCF Global Capital Trading Up 3.8%

NASDAQ SAFX traded up $0.02 during trading hours on Friday, reaching $0.46. The stock had a trading volume of 2,443,867 shares, compared to its average volume of 22,386,486. The company’s fifty day moving average is $0.44. The stock has a market cap of $125.33 million, a PE ratio of -0.67 and a beta of -0.43. XCF Global Capital, Inc. has a 52-week low of $0.12 and a 52-week high of $45.90.

XCF Global Capital (NASDAQ:SAFX) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). XCF Global Capital had a negative return on equity of 588.22% and a net margin of 300.85%.The company had revenue of $0.35 million during the quarter. On average, equities analysts forecast that XCF Global Capital, Inc. will post -0.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in XCF Global Capital by 379.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after purchasing an additional 95,596 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of XCF Global Capital in the 4th quarter worth $42,000. Simplify Asset Management Inc. acquired a new stake in shares of XCF Global Capital in the 1st quarter worth $69,000. Deutsche Bank AG increased its stake in shares of XCF Global Capital by 315.7% in the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock worth $54,000 after acquiring an additional 151,529 shares during the last quarter. Finally, J. Derek Lewis & Associates Inc. acquired a new stake in shares of XCF Global Capital in the 4th quarter worth $64,000. 52.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SAFX shares. Roth Mkm restated a “neutral” rating on shares of XCF Global Capital in a research report on Monday, April 13th. Weiss Ratings raised XCF Global Capital from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. Zacks Research raised XCF Global Capital to a “hold” rating in a research note on Thursday, March 19th. Finally, Wall Street Zen raised XCF Global Capital to a “hold” rating in a research note on Saturday, April 11th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $0.40.

XCF Global Capital Company Profile

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.