Refined Wealth Management Has $1.98 Million Position in Beyond, Inc. (NYSE:BYON)

Refined Wealth Management grew its holdings in shares of Beyond, Inc. (NYSE:BYON) by 14.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 401,095 shares of the company’s stock after buying an additional 51,763 shares during the quarter. Beyond makes up 1.5% of Refined Wealth Management’s portfolio, making the stock its 14th largest position. Refined Wealth Management owned about 0.87% of Beyond worth $1,977,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Sunbelt Securities Inc. acquired a new position in Beyond during the second quarter worth $47,000. Safe Harbor Fiduciary LLC bought a new position in shares of Beyond in the 3rd quarter valued at about $80,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Beyond during the 3rd quarter worth about $107,000. Tobam raised its holdings in shares of Beyond by 78.8% in the 3rd quarter. Tobam now owns 10,648 shares of the company’s stock valued at $107,000 after purchasing an additional 4,693 shares during the period. Finally, OneDigital Investment Advisors LLC acquired a new stake in Beyond in the 3rd quarter valued at about $116,000. 76.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Bank of America downgraded Beyond from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $12.50 to $6.00 in a research report on Friday, October 25th. Barclays dropped their price target on Beyond from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $13.00 price objective on shares of Beyond in a research report on Wednesday, October 23rd. Piper Sandler dropped their price objective on shares of Beyond from $14.00 to $8.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, Argus downgraded shares of Beyond from a “hold” rating to a “sell” rating in a report on Wednesday, December 18th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $16.38.

Beyond Stock Performance

Beyond stock opened at $7.73 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 0.17. The stock has a market cap of $355.74 million, a PE ratio of -1.05 and a beta of 3.74. Beyond, Inc. has a 12-month low of $4.45 and a 12-month high of $37.10. The business’s 50-day moving average price is $5.77 and its two-hundred day moving average price is $8.56.

Beyond Company Profile

Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.