Tyche Wealth Partners LLC Grows Position in Safety Shot, Inc. $SHOT

Tyche Wealth Partners LLC boosted its stake in shares of Safety Shot, Inc. (NASDAQ:SHOT) by 142.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 85,000 shares of the company’s stock after buying an additional 50,000 shares during the quarter. Tyche Wealth Partners LLC’s holdings in Safety Shot were worth $28,000 as of its most recent filing with the SEC.

Separately, XTX Topco Ltd purchased a new position in Safety Shot during the first quarter valued at $59,000. Hedge funds and other institutional investors own 12.55% of the company’s stock.

Safety Shot Stock Performance

Shares of Safety Shot stock opened at $0.37 on Wednesday. The stock’s 50-day simple moving average is $0.49 and its 200-day simple moving average is $0.45. Safety Shot, Inc. has a 52 week low of $0.23 and a 52 week high of $1.34.

Safety Shot (NASDAQ:SHOT) last posted its earnings results on Thursday, August 14th. The company reported ($0.03) EPS for the quarter. The company had revenue of $0.45 million during the quarter.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SHOT shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Safety Shot in a research report on Saturday, September 27th. Wall Street Zen upgraded Safety Shot from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Safety Shot Profile

Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.