Gabelli Funds LLC Has $553,000 Stock Holdings in Whole Earth Brands, Inc. (NASDAQ:FREE)

Gabelli Funds LLC lifted its stake in shares of Whole Earth Brands, Inc. (NASDAQ:FREEFree Report) by 15.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 162,264 shares of the company’s stock after purchasing an additional 21,869 shares during the period. Gabelli Funds LLC owned approximately 0.38% of Whole Earth Brands worth $553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FREE. Meteora Capital LLC raised its position in shares of Whole Earth Brands by 263.6% during the third quarter. Meteora Capital LLC now owns 179,595 shares of the company’s stock worth $647,000 after purchasing an additional 130,207 shares during the period. Hudson Bay Capital Management LP raised its position in shares of Whole Earth Brands by 23.2% during the third quarter. Hudson Bay Capital Management LP now owns 615,925 shares of the company’s stock worth $2,217,000 after purchasing an additional 115,925 shares during the period. Bailard Inc. acquired a new stake in shares of Whole Earth Brands during the fourth quarter worth $207,000. Cetera Trust Company N.A acquired a new stake in shares of Whole Earth Brands during the fourth quarter worth $165,000. Finally, Brandywine Global Investment Management LLC raised its position in shares of Whole Earth Brands by 2.1% during the third quarter. Brandywine Global Investment Management LLC now owns 799,340 shares of the company’s stock worth $2,878,000 after purchasing an additional 16,600 shares during the period. 82.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Imperial Capital reaffirmed a “neutral” rating on shares of Whole Earth Brands in a research report on Wednesday, February 14th.

Get Our Latest Analysis on Whole Earth Brands

Whole Earth Brands Stock Down 0.2 %

NASDAQ:FREE opened at $4.82 on Tuesday. The firm has a market capitalization of $208.22 million, a price-to-earnings ratio of -7.42 and a beta of 0.57. Whole Earth Brands, Inc. has a 1-year low of $2.65 and a 1-year high of $4.85. The company has a current ratio of 3.34, a quick ratio of 1.06 and a debt-to-equity ratio of 1.81. The business’s fifty day moving average price is $4.82 and its 200 day moving average price is $4.29.

Whole Earth Brands (NASDAQ:FREEGet Free Report) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.22) earnings per share for the quarter. The business had revenue of $129.50 million for the quarter. Whole Earth Brands had a negative net margin of 5.05% and a negative return on equity of 11.20%.

About Whole Earth Brands

(Free Report)

Whole Earth Brands, Inc operates as a food company worldwide. The company operates through Branded CPG and Flavors & Ingredients segments. The Branded CPG segment focuses on building a branded portfolio serving consumers seeking zero-calorie, low-calorie, organic, non-GMO, no-sugar added, and plant-based, and Fair Trade spaces in zero/low calorie sweeteners, honey, agave, baking mix, and baking chocolate products.

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Institutional Ownership by Quarter for Whole Earth Brands (NASDAQ:FREE)

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