now owns 1,563,870 shares of the company's stock valued at $42,803,000 after buying an additional 215,739 shares during the period. grew its stake in shares of Beam Global by 16.0% during the 3rd quarter. Several hedge funds and other institutional investors have recently made changes to their positions in the company. 3.85% of the stock is currently owned by insiders. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Following the completion of the sale, the chief executive officer now directly owns 74,422 shares of the company's stock, valued at approximately $1,661,843.26. The shares were sold at an average price of $22.33, for a total value of $33,495.00. Wheatley sold 1,500 shares of Beam Global stock in a transaction that occurred on Monday, April 4th. In other Beam Global news, CEO Desmond C. As a group, equities research analysts expect that Beam Global will post -0.66 earnings per share for the current year. Beam Global had a negative return on equity of 25.18% and a negative net margin of 66.88%. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.06). The company has a market cap of $137.09 million, a price-to-earnings ratio of -16.39 and a beta of 0.41.Д«eam Global ( NASDAQ:BEEM - Get Rating) last issued its quarterly earnings data on Tuesday, May 24th. Beam Global has a 12-month low of $10.19 and a 12-month high of $41.05.

The firm has a 50 day moving average of $16.98 and a 200-day moving average of $16.97. Separately, BTIG Research cut their price objective on Beam Global from $42.00 to $25.00 in a research report on Thursday, May 26th.Д«EEM stock opened at $13.60 on Friday.

Beam Global: An Under the Radar Play on Electric Vehicles.

Riley's target price would suggest a potential upside of 69.12% from the company's current price.

The firm set a 'buy' rating and a $23.00 price target on the stock. Riley initiated coverage on shares of Beam Global ( NASDAQ:BEEM - Get Rating) in a note issued to investors on Friday, The Fly reports. 7 Small-Cap Stocks that Present Long-Term Growth Opportunities.7 Transportation Stocks That Can Keep Your Portfolio Moving Forward.7 Retail Stocks That May Still Ring the Register.7 Consumer Discretionary Stocks That May Defy Expectations.7 Outdoor Living Stocks to Buy Before Investors Go Away For the Summer.7 NFT Related Stocks That Are Helping to Drive This Trend.7 Agricultural Technology Stocks to Buy as Commodity Prices Remain Volatile.7 Dividend Stocks to Buy When Safety is Your Top Priority.7 Stagflation Stocks to Help Navigate Periods of Low Growth.7 Commodities ETFs to Help Build a Hedge Against Inflation.

7 Dividend Stocks That Earn 10% Every Month.Headwinds Sap Strength From Enerpac Tool Group.The Most Upgraded Stocks To Buy Before The 2nd Half Starts.3 Dow Laggards Poised for a Second Half Comeback.Two More Reasons This Bear Market IsnвЂ™t Over.StoneCo Stock May be Basing Like a Rock.Recession-Proof Patterson Companies Is A Steal.Should Nike (NYSE: NKE) Be In Your Portfolio For The Rest Of 2022?.Booking Holding's Stock To Benefit As Borders Open Up Again.DonвЂ™t Bet On A Rebound In Unifirst, Yet.The Trader's Guide to Equities Research.

Beem stock news