Dupree Financial Group LLC Increases Stock Position in Beyond, Inc. (NYSE:BYON)

Dupree Financial Group LLC increased its holdings in shares of Beyond, Inc. (NYSE:BYON) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,149 shares of the company’s stock after purchasing an additional 4,107 shares during the period. Dupree Financial Group LLC’s holdings in Beyond were worth $464,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in shares of Beyond in the 4th quarter valued at $32,000. SG Americas Securities LLC bought a new stake in shares of Beyond in the 4th quarter valued at approximately $67,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of Beyond during the third quarter worth $80,000. Tobam increased its position in Beyond by 78.8% in the third quarter. Tobam now owns 10,648 shares of the company’s stock worth $107,000 after buying an additional 4,693 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Beyond during the third quarter valued at approximately $107,000. 76.30% of the stock is owned by hedge funds and other institutional investors.

Beyond Price Performance

BYON stock opened at $7.30 on Tuesday. Beyond, Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $37.10. The business has a 50-day moving average of $5.95 and a 200-day moving average of $8.34. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 0.17.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BYON. Maxim Group decreased their target price on Beyond from $33.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Wedbush lowered their price target on Beyond from $25.00 to $15.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Needham & Company LLC reissued a “buy” rating and issued a $13.00 target price on shares of Beyond in a report on Wednesday, October 23rd. Argus cut shares of Beyond from a “hold” rating to a “sell” rating in a research note on Wednesday, December 18th. Finally, Barclays reduced their target price on shares of Beyond from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Beyond presently has an average rating of “Hold” and an average target price of $12.29.

Beyond Profile

Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.