Stryve Foods Inc (NASDAQ:SNAX) Director Purchases $63,300.00 in Stock

Stryve Foods Inc (NASDAQ:SNAX) Director Gregory Stephen Christenson acquired 15,000 shares of the firm’s stock in a transaction on Thursday, November 18th. The stock was bought at an average price of $4.22 per share, for a total transaction of $63,300.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

SNAX opened at $4.14 on Thursday. Stryve Foods Inc has a twelve month low of $3.95 and a twelve month high of $14.00. The business’s 50-day moving average price is $5.39. The company has a market capitalization of $37.33 million, a PE ratio of -6.47 and a beta of 0.17.

Stryve Foods (NASDAQ:SNAX) last posted its quarterly earnings data on Monday, November 15th. The company reported ($0.47) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.33). The company had revenue of $9.06 million for the quarter, compared to analyst estimates of $8.70 million. During the same period last year, the company earned $0.04 earnings per share. On average, analysts expect that Stryve Foods Inc will post -0.78 EPS for the current fiscal year.

A number of brokerages have recently issued reports on SNAX. Craig Hallum began coverage on shares of Stryve Foods in a research report on Monday, August 16th. They issued a “buy” rating and a $15.00 target price for the company. Zacks Investment Research cut shares of Stryve Foods from a “hold” rating to a “sell” rating in a research report on Friday, November 19th. Finally, Cowen began coverage on shares of Stryve Foods in a research report on Wednesday, August 25th. They issued an “outperform” rating and a $12.00 target price for the company.

A number of institutional investors and hedge funds have recently bought and sold shares of SNAX. Pura Vida Investments LLC bought a new stake in Stryve Foods during the third quarter worth about $3,076,000. CVI Holdings LLC bought a new stake in Stryve Foods during the third quarter worth about $2,443,000. Granite Point Capital Management L.P. bought a new stake in Stryve Foods during the third quarter worth about $1,873,000. Cowen AND Company LLC bought a new position in shares of Stryve Foods in the third quarter worth about $1,615,000. Finally, Water Island Capital LLC bought a new position in shares of Stryve Foods in the third quarter worth about $1,605,000.

Stryve Foods Company Profile

Andina Acquisition Corp. III entered into definitive agreement for a business combination with Stryve Foods LLC.

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