Berkshire Grey, Inc. (NASDAQ:BGRY) Stock Holdings Increased by Wolverine Asset Management LLC

Posted by on Aug 17th, 2023

Wolverine Asset Management LLC raised its stake in Berkshire Grey, Inc. (NASDAQ:BGRY – Free Report) by 820.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,585 shares of the company’s stock after acquiring an additional 17,457 shares during the period. Wolverine Asset Management LLC’s holdings in Berkshire Grey were worth $27,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Barclays PLC boosted its position in shares of Berkshire Grey by 91.5% during the first quarter. Barclays PLC now owns 25,421 shares of the company’s stock worth $35,000 after buying an additional 12,148 shares during the period. Virtu Financial LLC acquired a new stake in Berkshire Grey during the 1st quarter valued at $123,000. Arete Wealth Advisors LLC acquired a new stake in Berkshire Grey during the 1st quarter valued at $14,766,000,000. SG Americas Securities LLC acquired a new stake in Berkshire Grey during the 1st quarter valued at $28,000. Finally, Redwood Wealth Management Group LLC increased its stake in shares of Berkshire Grey by 13.0% in the first quarter. Redwood Wealth Management Group LLC now owns 198,994 shares of the company’s stock worth $275,000 after acquiring an additional 22,834 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Berkshire Grey

In related news, major shareholder Svf Ii Bg (De) Llc sold 65,567,317 shares of the company’s stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $1.40, for a total value of $91,794,243.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 34.56% of the stock is currently owned by company insiders.

Berkshire Grey Stock Performance

NASDAQ BGRY opened at $1.40 on Thursday. Berkshire Grey, Inc. has a 1-year low of $0.51 and a 1-year high of $2.95. The company has a current ratio of 1.78, a quick ratio of 1.53 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $339.88 million, a PE ratio of -2.92 and a beta of 1.74. The firm’s fifty day simple moving average is $1.40 and its 200-day simple moving average is $1.36.

Berkshire Grey Profile

(Free Report)

Berkshire Grey, Inc, an intelligent enterprise robotics company, provides AI-enabled robotic solutions that automate supply chain operations in the United States, Canada, Japan, and internationally. The company's solutions automate filling ecommerce orders for consumers or businesses, filling orders to resupply retail stores and groceries, and handling packages shipped to fill those orders.

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Institutional Ownership by Quarter for Berkshire Grey (NASDAQ:BGRY)

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