The most recent Form 13F filing that Victory Capital Management Inc. submitted to the Securities and Exchange Commission revealed that the investment firm’s holdings in The Beauty Health Company (NASDAQ: SKIN) were reduced by 14.7% during the third quarter. Victory Capital Management, Inc provided this information. Following the sale of 257,573 shares of the company during the most recent fiscal quarter, the total number of shares held by the fund has grown to 1,498.748. The most recent S.E.C. filing that Victory Capital Management Inc.
Made revealed that the company held approximately 0.99% of Beauty Health, which at the time had a market value of $17,670,000.
The amount of the company’s stock that hedge funds and other institutional investors held in their portfolios was recently adjusted due to recent market events.
Mizuho Markets Americas L.L.C. holdings were bolstered by an increase of 4.3% in the number of shares of Beauty Health Corporation over the second quarter.
Mizuho Markets Americas L.L.C.
Is now the direct owner of 613,391 shares of the company’s stock, and the total value of those shares is $7,888,000. This is a direct result of the most recent fiscal quarter of the company, in which the company purchased 25,550 additional shares of stock.
During the second quarter, Landscape Capital Management L.L.C.
Made a new investment of approximately 643,000 dollars in Beauty Health shares by purchasing additional company shares.
During the second quarter, Skylands Capital L.L.C. was able to increase its existing shareholding in Beauty Health by a total of 12.4%.
Due to the purchase of 3,450 additional shares during the most recent quarter, Skylands Capital L.L.C. now owns 31,350 shares in the company. The current market price for these shares is $403,000. Zazove Associates L.L.C.
Made a total investment of $4,037,000 in the beauty and health industries during the third quarter of this year.
During the second quarter, Woodline Partners L.P.
Increased the amount of Beauty Health shares held by 16.3%, making this the last and most important point. Woodline Partners LP is now the direct owner of 1,164,367 shares of the company’s stock, which has a value of $14,974,000 after purchasing an additional 163,375 shares of the company’s stock during the most recent quarter.
Institutional investors own the company’s stock at 78.37%, and these investors have invested in the company.
Recently, several research analysts have produced reports on the stock based on their findings and related to the topic.
In a research report released on November 9th, JPMorgan Chase & Co.
Lowered their price objective for Beauty Health shares from $22.00 to $11.00, downgrading the company’s stock from “overweight” to “neutral.” In a report that was distributed on November 23rd, Goldman Sachs Group changed the “buy” rating that they had previously assigned to Beauty Health to “hold” instead of “buy.” In addition, the price target that Goldman Sachs Group has set for the stock has been reduced from $22.00 to $19.00.
According to a research report released on November 15th, DA Davidson has increased their price target for Beauty Health shares to $32.00. This information was provided in the report that they published.
In a research report released on Friday, December 16th, Piper Sandler lowered their price objective on shares of Beauty Health from $16.00 to $15.00. The report can be found here. There are currently five analysts who have assigned a buy rating to the stock, while only one has assigned a hold rating to the stock.
Source: news.google.com
