The Beachbody Company, Inc. (NYSE:BODY – Get Free Report)’s stock price traded down 2% during mid-day trading on Tuesday . The company traded as low as $8.04 and last traded at $8.14. 18,000 shares were traded during mid-day trading, a decline of 36% from the average session volume of 27,964 shares. The stock had previously closed at $8.31.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Roth Capital reiterated a “buy” rating on shares of Beachbody in a research note on Friday, January 5th. Roth Mkm assumed coverage on shares of Beachbody in a research note on Friday, January 5th. They issued a “buy” rating on the stock.
Read Our Latest Stock Analysis on Beachbody
Beachbody Trading Down 2.0 %
Institutional Trading of Beachbody
Hedge funds have recently bought and sold shares of the stock. Perritt Capital Management Inc. bought a new position in shares of Beachbody during the 4th quarter worth about $33,000. Barclays PLC increased its position in shares of Beachbody by 90.6% during the 1st quarter. Barclays PLC now owns 53,571 shares of the company’s stock worth $26,000 after purchasing an additional 25,468 shares in the last quarter. Bank of America Corp DE increased its position in shares of Beachbody by 192.5% during the 4th quarter. Bank of America Corp DE now owns 67,007 shares of the company’s stock worth $35,000 after purchasing an additional 44,101 shares in the last quarter. Virtu Financial LLC increased its position in shares of Beachbody by 120.4% during the 4th quarter. Virtu Financial LLC now owns 74,130 shares of the company’s stock worth $39,000 after purchasing an additional 40,491 shares in the last quarter. Finally, Ergoteles LLC increased its position in shares of Beachbody by 68.0% during the 2nd quarter. Ergoteles LLC now owns 82,900 shares of the company’s stock worth $35,000 after purchasing an additional 33,564 shares in the last quarter. 59.56% of the stock is owned by institutional investors.
About Beachbody
The Beachbody Company, Inc operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.
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