Jefferies Financial Group Inc. Has $476,000 Stock Holdings in XBP Global Holdings, Inc. $XBP

Jefferies Financial Group Inc. cut its position in shares of XBP Global Holdings, Inc. (NASDAQ:XBPFree Report) by 88.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,871 shares of the company’s stock after selling 555,129 shares during the quarter. Jefferies Financial Group Inc.’s holdings in XBP Global were worth $476,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Cantor Fitzgerald L. P. grew its position in XBP Global by 9.4% during the third quarter. Cantor Fitzgerald L. P. now owns 6,636,853 shares of the company’s stock worth $5,356,000 after buying an additional 572,449 shares in the last quarter. Alpine Global Management LLC acquired a new stake in XBP Global during the third quarter worth about $194,000. Public Employees Retirement System of Ohio acquired a new stake in XBP Global during the third quarter worth about $31,000. Nomura Holdings Inc. acquired a new stake in XBP Global during the third quarter worth about $863,000. Finally, HoldCo Asset Management LP acquired a new stake in XBP Global during the third quarter worth about $6,352,000. 15.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald reissued an “overweight” rating and set a $5.00 target price on shares of XBP Global in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, XBP Global presently has an average rating of “Hold” and an average target price of $5.00.

View Our Latest Stock Report on XBP Global

XBP Global Stock Down 7.5%

XBP stock opened at $2.45 on Friday. XBP Global Holdings, Inc. has a twelve month low of $2.00 and a twelve month high of $25.60. The company has a market cap of $28.84 million, a PE ratio of -0.75 and a beta of -0.39. The business’s 50-day simple moving average is $3.08 and its 200 day simple moving average is $5.54. The company has a quick ratio of 0.64, a current ratio of 0.67 and a debt-to-equity ratio of 5.67.

XBP Global (NASDAQ:XBPGet Free Report) last announced its quarterly earnings results on Monday, March 30th. The company reported ($7.75) EPS for the quarter. XBP Global had a return on equity of 1,645.47% and a net margin of 130.26%.

Insider Buying and Selling

In other XBP Global news, Director Randal T. Klein purchased 25,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was purchased at an average price of $2.44 per share, for a total transaction of $61,000.00. Following the completion of the purchase, the director directly owned 40,000 shares in the company, valued at approximately $97,600. This trade represents a 166.67% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 31.40% of the stock is currently owned by corporate insiders.

XBP Global Profile

(Free Report)

XBP Europe Holdings, Inc provides bills, payments, and related solutions and services in France, Germany, the United Kingdom, Sweden, and internationally. The company operates through two segments, Bills & Payments and Technology. The Bills & Payments segment focuses on optimizing how bills and payments are processed by businesses of all sizes and industries. This segment also offers automation of accounts payable and accounts receivables processes and seeks to integrate buyers and suppliers, as well as engages in digital transformation business.

Further Reading

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Institutional Ownership by Quarter for XBP Global (NASDAQ:XBP)

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