Geode Capital Management LLC has recently announced that it has increased stake in Safety Shot Inc (NASDAQ:SHOT) by 57.72%. After grabbing 0.17 million shares, the institutional investor is now in possession of 63033.0 shares of the Consumer Defensive Company. The new investment brought the stake of investor firm to 0.63% having worth around $0.22 million. Moreover, Citadel Securities LLC increased its share by 0.14 million to have a control over 0.14 million shares. And Fiduciary Investment Management I raised its holdings to 90090.0 shares by acquiring 90090.0 shares or 0.33% of the stake.
Safety Shot Inc (SHOT) concluded trading on 12/13/23 at a closing price of $3.45, with 3.87 million shares of worth about $13.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1173.80% during that period and on Wednesday the price saw a loss of about -8.73%. Currently the company’s common shares owned by public are about 41.42M shares, out of which, 32.79M shares are available for trading.
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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the SHOT stock and their offered price forecasts bring an average price target of $2.76. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $2.76 and could fall to a lowest price of $2.76. The stock’s current price level is -25.0% below of average price target set by the analysts, while a dip to estimated low would result in loss of -25.0% for the stock. However, touching the estimated high of $2.76 would mean a loss of -25.0% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 17 times over the past 12 months. They bought 1,685,166 shares in 17 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Series Total Market Inde are the top 3 mutual funds which are holding stakes in Safety Shot Inc Vanguard Extended Market Index Fu is currently holding 0.23 million shares of worth totaling $0.29 million. The company recently came buying 0.0 shares which brought its stake up to 0.83% of the company’s outstanding shares. Fidelity Series Total Market Inde, after buying 27726.0 shares, have now control over 0.10% of the stake in the company. It holds 0.0 shares of worth $35212.0.
Safety Shot Inc (NASDAQ: SHOT) started trading at $3.83, above $0.05 from concluding price of the previous day. Stock saw a price change of -4.17% in past 5 days and over the past one month there was a price change of 69.95%. Year-to-date (YTD), SHOT shares are showing a performance of 435.51% which increased to 312.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.26 but also hit the highest price of $7.50 during that period. The average intraday trading volume for Safety Shot Inc shares is 5.33 million. The stock is currently trading -12.58% below its 20-day simple moving average (SMA20), while that difference is up 43.83% for SMA50 and it goes to 230.30% higher than SMA200.
Geode Capital Management LLC acquired 0.17 million shares of Safety Shot Inc having value of about $0.22 million. Data submitted at the U.S SEC by Geode Capital Management LLC revealed that the firm now holds 63033.0 shares in the company valued at close to $217463.85, or have control over 57.72% stake in the company. Safety Shot Inc (NASDAQ: SHOT) currently have 41.42M outstanding shares and institutions hold larger chunk of about 7.35% of that. Holding of mutual funds in the company is about 24.67% while other institutional holders and individual stake holders have control over 9.62% and 1.47% of the stake respectively.
The stock has a current market capitalization of $142.90M and its 3Y-monthly beta is at 1.99. It has posted earnings per share of -$0.71 in the same period. It has Quick Ratio of 1.89 while making debt-to-equity ratio of 0.39. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SHOT, volatility over the week remained 16.71% while standing at 31.19% over the month.
Analysts are in expectations that Safety Shot Inc (SHOT) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same.
Analysts at 1 brokerage firms have issued recommendations for the Safety Shot Inc (SHOT)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
