Citigroup Inc. Makes New $199,000 Investment in Cibus, Inc. (NASDAQ:CBUS)

Citigroup Inc. acquired a new stake in Cibus, Inc. (NASDAQ:CBUSFree Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,925 shares of the company’s stock, valued at approximately $199,000. Citigroup Inc. owned about 0.07% of Cibus as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. UBS Group AG grew its holdings in shares of Cibus by 1,987.4% during the third quarter. UBS Group AG now owns 8,120 shares of the company’s stock valued at $148,000 after buying an additional 7,731 shares in the last quarter. FMR LLC boosted its holdings in Cibus by 0.4% during the third quarter. FMR LLC now owns 2,496,152 shares of the company’s stock valued at $45,480,000 after purchasing an additional 8,763 shares in the last quarter. Regents of The University of California bought a new stake in Cibus during the third quarter worth about $183,000. Cerity Partners LLC bought a new stake in Cibus during the 2nd quarter worth about $120,000. Finally, Ground Swell Capital LLC bought a new stake in shares of Cibus during the second quarter valued at approximately $125,000. 33.81% of the stock is owned by institutional investors and hedge funds.

Cibus Trading Up 3.2 %

CBUS stock opened at $22.46 on Friday. The stock has a 50-day moving average price of $18.43 and a two-hundred day moving average price of $16.73. The stock has a market cap of $471.44 million, a PE ratio of -0.99 and a beta of 1.90. Cibus, Inc. has a 1 year low of $8.90 and a 1 year high of $38.85.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “buy” rating and set a $25.00 price target on shares of Cibus in a research report on Friday, March 22nd.

Check Out Our Latest Analysis on Cibus

Cibus Profile

(Free Report)

Cibus, Inc, a agricultural technology company, develops and licenses plant traits to seed companies for royalties. The company primarily focus on trait productivity in two areas, including productivity traits that enable farmers to have higher yields and reduce the use of the crop protection chemicals and fertilizers; and sustainable ingredients that enable corporations to replace ingredients that are fossil fuel based or whose production results in increased greenhouse gases.

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Institutional Ownership by Quarter for Cibus (NASDAQ:CBUS)

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