XCF Global Capital (NASDAQ:SAFX) Upgraded at Zacks Research

Zacks Research upgraded shares of XCF Global Capital (NASDAQ:SAFX) to a hold rating in a research report released on Thursday morning,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Roth Mkm began coverage on XCF Global Capital in a research report on Wednesday. They issued a “neutral” rating and a $0.40 price target for the company. Weiss Ratings began coverage on XCF Global Capital in a research note on Wednesday, January 14th. They set a “sell (d-)” rating for the company. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $0.40.

XCF Global Capital Price Performance

NASDAQ:SAFX opened at $0.33 on Thursday. XCF Global Capital has a one year low of $0.12 and a one year high of $45.90. The business has a fifty day moving average of $0.22. The stock has a market cap of $68.77 million, a price-to-earnings ratio of -0.54 and a beta of -0.13. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.11 and a quick ratio of 0.09.

Insider Transactions at XCF Global Capital

In other XCF Global Capital news, major shareholder Randy Soule sold 561,363 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $0.15, for a total value of $84,204.45. Following the completion of the sale, the insider owned 76,067,285 shares in the company, valued at approximately $11,410,092.75. This represents a 0.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.12% of the company’s stock.

Hedge Funds Weigh In On XCF Global Capital

Hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its stake in XCF Global Capital by 379.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after purchasing an additional 95,596 shares during the period. Jane Street Group LLC purchased a new stake in XCF Global Capital during the 4th quarter valued at approximately $42,000. Deutsche Bank AG raised its position in shares of XCF Global Capital by 315.7% during the fourth quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock valued at $54,000 after buying an additional 151,529 shares during the last quarter. State Street Corp lifted its holdings in shares of XCF Global Capital by 37.3% in the fourth quarter. State Street Corp now owns 256,448 shares of the company’s stock worth $70,000 after buying an additional 69,698 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in XCF Global Capital by 20.5% during the fourth quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock valued at $321,000 after acquiring an additional 200,147 shares in the last quarter. Institutional investors own 52.34% of the company’s stock.

XCF Global Capital Company Profile

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.