XTX Topco Ltd Boosts Holdings in Beam Global (NASDAQ:BEEM)

XTX Topco Ltd grew its holdings in shares of Beam Global (NASDAQ:BEEM) by 106.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,880 shares of the company’s stock after acquiring an additional 21,548 shares during the quarter. XTX Topco Ltd owned 0.28% of Beam Global worth $133,000 at the end of the most recent quarter.

Separately, Green Alpha Advisors LLC raised its stake in shares of Beam Global by 28.1% during the fourth quarter. Green Alpha Advisors LLC now owns 59,982 shares of the company’s stock worth $190,000 after acquiring an additional 13,162 shares in the last quarter. Institutional investors own 26.59% of the company’s stock.

Beam Global Stock Down 3.3 %

Shares of NASDAQ BEEM opened at $1.48 on Wednesday. Beam Global has a 52 week low of $1.33 and a 52 week high of $7.68. The firm’s fifty day moving average is $1.93 and its 200 day moving average is $2.99. The company has a market cap of $22.93 million, a price-to-earnings ratio of -1.53 and a beta of 1.27.

Beam Global (NASDAQ:BEEM) last issued its earnings results on Friday, April 11th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.08). Beam Global had a negative return on equity of 19.09% and a negative net margin of 19.26%. The firm had revenue of $11.94 million during the quarter, compared to analysts’ expectations of $12.99 million. Equities research analysts anticipate that Beam Global will post -0.67 earnings per share for the current year.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a “hold” rating on shares of Beam Global in a research note on Monday, April 14th.

Beam Global Company Profile

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs.