Texas Capital Bank Wealth Management Services Inc Invests $173,000 in Sow Good Inc. (NASDAQ:SOWG)

Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of Sow Good Inc. (NASDAQ:SOWG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 85,000 shares of the company’s stock, valued at approximately $173,000.

Separately, Virtu Financial LLC purchased a new position in shares of Sow Good in the fourth quarter worth approximately $35,000. Institutional investors own 10.74% of the company’s stock.

Sow Good Stock Performance

NASDAQ SOWG opened at $0.54 on Friday. The firm’s 50 day moving average price is $2.03 and its two-hundred day moving average price is $4.47. Sow Good Inc. has a twelve month low of $0.53 and a twelve month high of $24.83. The stock has a market cap of $6.17 million, a price-to-earnings ratio of 2.17 and a beta of 1.80.

Sow Good (NASDAQ:SOWG) last announced its quarterly earnings data on Friday, March 21st. The company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.19). The company had revenue of $1.38 million for the quarter, compared to analysts’ expectations of $4.80 million. Sow Good had a net margin of 4.47% and a return on equity of 8.15%. On average, research analysts forecast that Sow Good Inc. will post -0.18 EPS for the current fiscal year.

Sow Good Profile

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.