Third Security LLC cut its holdings in AquaBounty Technologies, Inc. (NASDAQ:AQB – Get Rating) by 1.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investors owned 5,288,940 shares of the company’s stock after selling 51,896 shares during the period. AquaBounty Technologies comprises about 1.7% of Third Security LLC’s holdings, making the stock its 10th largest position. Third Security LLC owned about 0.07% of AquaBounty Technologies worth $4,130,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of AQB. Cetera Investment Advisers purchased a new stake in shares of AquaBounty Technologies during the second quarter worth about $30,000. Jane Street Group LLC acquired a new position in AquaBounty Technologies during the second quarter valued at approximately $31,000. Commonwealth Equity Services LLC grew its stake in AquaBounty Technologies by 72.4% during the second quarter. Commonwealth Equity Services LLC now owns 35,513 shares of the company’s stock worth $60,000 after buying an additional 14,916 shares during the period. Dimensional Fund Advisors LP acquired a new position in shares of AquaBounty Technologies during the 1st quarter valued at $169,000. Finally, AQR Capital Management LLC boosted its position in AquaBounty Technologies by 92.0% during the 2nd quarter. AQR Capital Management LLC now owns 91,620 shares of the company’s stock worth $157,000 after purchasing an additional 43,900 shares during the period. 29.06% of the stock is currently owned by institutional investors and hedge funds.
AquaBounty Technologies Trading Down 1.5 %
NASDAQ:AQB opened at $0.78 on Friday. The business’s 50-day moving average is $0.89 and its two-hundred day moving average is $0.88. The firm has a market capitalization of $55.36 million, a PE ratio of -2.51 and a beta of 1.26. AquaBounty Technologies, Inc. has a 12 month low of $0.58 and a 12 month high of $2.37. The company has a debt-to-equity ratio of 0.04, a current ratio of 7.81 and a quick ratio of 7.68.
Insider Transactions at AquaBounty Technologies
In related news, Director Erin S. Sharp bought 131,500 shares of the company’s stock in a transaction that occurred on Monday, December 19th. The shares were acquired at an average cost of $0.77 per share, for a total transaction of $101,255.00. Following the acquisition, the director now owns 130,000 shares in the company, valued at approximately $100,100. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders purchased 137,830 shares of company stock valued at $105,594 over the last quarter. Company insiders own 1.20% of the company’s stock.
AquaBounty Technologies Company Profile
AquaBounty Technologies, Inc engages in the provision of land-based aquaculture services. It includes farming of aquatic organisms such as fish, shellfish, crustaceans and aquatic plants. The firm focuses on a salmon product, a bioengineered Atlantic salmon that can grow to market size faster than conventional farmed Atlantic salmon.
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