Stryve Foods, Inc. (NASDAQ:SNAX) CEO Christopher J. Boever Purchases 116,108 Shares of Stock

Stryve Foods, Inc. (NASDAQ:SNAXGet Rating) CEO Christopher J. Boever acquired 116,108 shares of the stock in a transaction that occurred on Thursday, November 17th. The stock was acquired at an average cost of $0.46 per share, for a total transaction of $53,409.68. Following the completion of the purchase, the chief executive officer now owns 2,750,077 shares in the company, valued at approximately $1,265,035.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Stryve Foods Price Performance

Stryve Foods stock opened at $0.61 on Tuesday. Stryve Foods, Inc. has a 12-month low of $0.22 and a 12-month high of $5.25. The stock has a market capitalization of $17.78 million, a P/E ratio of -0.40 and a beta of 0.39. The firm’s 50-day moving average is $0.43 and its two-hundred day moving average is $0.76. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.54 and a quick ratio of 1.28.

Wall Street Analyst Weigh In

Separately, Northland Securities decreased their price target on shares of Stryve Foods to $1.00 in a research note on Thursday, November 17th.

Institutional Investors Weigh In On Stryve Foods

Hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC boosted its stake in shares of Stryve Foods by 82.3% during the 1st quarter. Renaissance Technologies LLC now owns 25,700 shares of the company’s stock worth $32,000 after purchasing an additional 11,600 shares during the last quarter. Millrace Asset Group Inc. acquired a new stake in shares of Stryve Foods during the 2nd quarter worth about $32,000. True North Advisors LLC lifted its holdings in shares of Stryve Foods by 156.3% during the 2nd quarter. True North Advisors LLC now owns 41,000 shares of the company’s stock worth $36,000 after acquiring an additional 25,000 shares during the period. Virtu Financial LLC purchased a new position in shares of Stryve Foods during the 3rd quarter worth about $39,000. Finally, Millennium Management LLC purchased a new position in shares of Stryve Foods during the 2nd quarter worth about $50,000. 27.00% of the stock is owned by institutional investors and hedge funds.

About Stryve Foods

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Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces meat sticks, chili bites, meat crisps, and nutrition products, as well as carne seca products.

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Insider Buying and Selling by Quarter for Stryve Foods (NASDAQ:SNAX)

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