60,700 Shares in Whole Earth Brands, Inc. (NASDAQ:FREE) Bought by Bailard Inc.

Bailard Inc. bought a new stake in Whole Earth Brands, Inc. (NASDAQ:FREE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 60,700 shares of the company’s stock, valued at approximately $207,000. Bailard Inc. owned 0.14% of Whole Earth Brands as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of FREE. Citigroup Inc. increased its position in shares of Whole Earth Brands by 1,853.5% during the 3rd quarter. Citigroup Inc. now owns 12,776 shares of the company’s stock valued at $46,000 after purchasing an additional 12,122 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in Whole Earth Brands during the third quarter valued at approximately $52,000. Cetera Trust Company N.A bought a new position in Whole Earth Brands in the fourth quarter worth approximately $165,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of Whole Earth Brands during the 3rd quarter worth $471,000. Finally, Gabelli Funds LLC bought a new stake in shares of Whole Earth Brands during the 3rd quarter valued at $505,000. 82.12% of the stock is owned by hedge funds and other institutional investors.

Whole Earth Brands Stock Performance

FREE stock opened at $4.82 on Tuesday. The company has a market capitalization of $206.59 million, a price-to-earnings ratio of -5.36 and a beta of 0.58. The business has a 50 day simple moving average of $4.80 and a two-hundred day simple moving average of $3.99. Whole Earth Brands, Inc. has a 1-year low of $2.24 and a 1-year high of $4.85. The company has a debt-to-equity ratio of 1.66, a current ratio of 3.24 and a quick ratio of 1.12.

Whole Earth Brands (NASDAQ:FREE) last released its quarterly earnings data on Tuesday, March 12th. The company reported ($0.17) EPS for the quarter. The company had revenue of $151.16 million for the quarter. Whole Earth Brands had a negative net margin of 6.92% and a negative return on equity of 15.00%.

Wall Street Analysts Forecast Growth

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

Whole Earth Brands Company Profile

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.