12,229 Shares in Barnes & Noble Education, Inc. (NYSE:BNED) Acquired by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP bought a new position in Barnes & Noble Education, Inc. (NYSE:BNED – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 12,229 shares of the specialty retailer’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Covestor Ltd purchased a new stake in Barnes & Noble Education during the 1st quarter valued at approximately $27,000. Laurion Capital Management LP purchased a new stake in Barnes & Noble Education during the 2nd quarter valued at approximately $43,000. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in Barnes & Noble Education by 21.9% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 22,573 shares of the specialty retailer’s stock valued at $54,000 after buying an additional 4,051 shares in the last quarter. Graham Capital Management L.P. purchased a new stake in Barnes & Noble Education during the 1st quarter valued at approximately $64,000. Finally, Walleye Trading LLC grew its holdings in Barnes & Noble Education by 83.6% during the 1st quarter. Walleye Trading LLC now owns 18,737 shares of the specialty retailer’s stock valued at $67,000 after buying an additional 8,530 shares in the last quarter. 43.64% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Michael Huseby bought 17,500 shares of the stock in a transaction dated Thursday, December 8th. The stock was purchased at an average cost of $1.44 per share, for a total transaction of $25,200.00. Following the transaction, the chief executive officer now owns 1,002,408 shares of the company’s stock, valued at $1,443,467.52. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 13.47% of the company’s stock.

Barnes & Noble Education Trading Down 2.6 %

Shares of BNED opened at $1.89 on Monday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.22 and a quick ratio of 0.58. The firm has a market cap of $99.41 million, a P/E ratio of -1.25 and a beta of 2.06. Barnes & Noble Education, Inc. has a 1 year low of $1.38 and a 1 year high of $5.27. The company has a 50 day simple moving average of $2.10 and a two-hundred day simple moving average of $2.34.

Barnes & Noble Education (NYSE:BNED – Get Rating) last posted its earnings results on Tuesday, December 6th. The specialty retailer reported $0.46 EPS for the quarter. The firm had revenue of $617.10 million during the quarter. Barnes & Noble Education had a negative return on equity of 31.65% and a negative net margin of 5.07%.

Barnes & Noble Education Profile

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Barnes and Noble Education, Inc engages in the management and operation of bookstore chains in universities. It operates through the following segments: Retail, Wholesale, and Digital Student Solutions (DSS). The Retail segment operates physical and virtual campus bookstores. The Wholesale segment sells hardware and software that provides inventory management and point-of-sale solutions to college bookstores.