2 weeks Ago By ABMN Staff
Rhumbline Advisers bought a new position in Mama’s Creations, Inc. ( NASDAQ:MAMA – Free Report ) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 38,575 shares of the company’s stock, valued at approximately $260,000.
Rhumbline Advisers owned about 0.10% of Mama’s Creations as of its most recent SEC filing. Several other institutional investors also recently modified their holdings of the business.
Bard Associates Inc. purchased a new stake in shares of Mama’s Creations in the fourth quarter worth about $5,688,000. Aristides Capital LLC bought a new position in Mama’s Creations in the 4th quarter valued at $576,000.
Wasatch Advisors LP bought a new position in Mama’s Creations in the 4th quarter worth about $19,069,000. Pinnacle Holdings LLC purchased a new stake in shares of Mama’s Creations in the 4th quarter valued at about $236,000. Finally, Perritt Capital Management Inc.
bought a new stake in shares of Mama’s Creations during the 4th quarter valued at about $1,369,000. 45.18% of the stock is owned by institutional investors.
Mama’s Creations Stock Up 0.6 % Shares of Mama’s Creations stock opened at $7.38 on Friday.
Mama’s Creations, Inc. has a twelve month low of $3.31 and a twelve month high of $8.
69. The company has a quick ratio of 1.17, a current ratio of 1.
37 and a debt-to-equity ratio of 0.18. The company’s 50 day moving average is $7.
76 and its 200 day moving average is $6.71. The company has a market cap of $274.
81 million, a price-to-earnings ratio of 49.17 and a beta of 1.05.
Insider Activity at Mama’s Creations In other Mama’s Creations news, CEO Adam Laurance Michaels sold 65,898 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $7.42, for a total value of $488,963.
16. Following the completion of the transaction, the chief executive officer now directly owns 543,260 shares in the company, valued at $4,030,989.20.
The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . 10.00% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth Several brokerages recently issued reports on MAMA. Craig Hallum upped their target price on shares of Mama’s Creations from $9.00 to $10.
00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th. Lake Street Capital increased their price objective on Mama’s Creations from $7.00 to $10.
00 and gave the company a “buy” rating in a research report on Wednesday, June 12th. Finally, Roth Mkm restated a “buy” rating and issued a $10.00 target price (up previously from $8.
50) on shares of Mama’s Creations in a research report on Wednesday, September 11th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Mama’s Creations currently has a consensus rating of “Buy” and a consensus target price of $10.
00. Get Our Latest Stock Analysis on MAMA About Mama’s Creations ( Free Report ) Mama's Creations, Inc, together with its subsidiaries, manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.
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