Benson Hill, Inc. (NASDAQ:BHIL) Shares Sold by Tao Capital Management LP

Tao Capital Management LP cut its holdings in shares of Benson Hill, Inc. (NASDAQ:BHIL) by 97.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,704 shares of the company’s stock after selling 1,723,977 shares during the period. Benson Hill accounts for approximately 0.3% of Tao Capital Management LP’s investment portfolio, making the stock its 9th biggest holding. Tao Capital Management LP’s holdings in Benson Hill were worth $365,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BHIL. Clarius Group LLC acquired a new position in Benson Hill during the 2nd quarter valued at about $36,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Benson Hill during the second quarter worth about $40,000. Moloney Securities Asset Management LLC grew its stake in shares of Benson Hill by 0.8% during the second quarter. Moloney Securities Asset Management LLC now owns 421,050 shares of the company’s stock worth $64,000 after acquiring an additional 3,500 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Benson Hill by 27.9% during the second quarter. Renaissance Technologies LLC now owns 582,001 shares of the company’s stock valued at $89,000 after acquiring an additional 126,800 shares in the last quarter. Finally, Builders Vision LLC raised its position in shares of Benson Hill by 1.2% in the 1st quarter. Builders Vision LLC now owns 11,631,755 shares of the company’s stock valued at $2,338,000 after purchasing an additional 138,888 shares during the last quarter. Hedge funds and other institutional investors own 36.21% of the company’s stock.

Benson Hill Stock Down 5.0 %

BHIL stock opened at $5.20 on Wednesday. The stock has a market capitalization of $31.82 million, a PE ratio of -0.28 and a beta of 2.15. Benson Hill, Inc. has a 52 week low of $4.41 and a 52 week high of $11.02. The company has a quick ratio of 1.74, a current ratio of 2.21 and a debt-to-equity ratio of 3.12. The firm has a 50 day moving average of $6.88 and a 200 day moving average of $6.56.

About Benson Hill

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.