11,301 Shares in Waldencast plc (NASDAQ:WALD) Bought by Catalina Capital Group LLC

Catalina Capital Group LLC purchased a new position in Waldencast plc (NASDAQ:WALDFree Report) during the first quarter, Holdings Channel reports. The firm purchased 11,301 shares of the company’s stock, valued at approximately $73,000.

A number of other hedge funds also recently modified their holdings of the stock. Zeno Equity Partners LLP bought a new position in shares of Waldencast in the fourth quarter worth $224,278,000. Truxt Investmentos Ltda. increased its position in shares of Waldencast by 3.7% in the fourth quarter. Truxt Investmentos Ltda. now owns 4,075,479 shares of the company’s stock worth $44,586,000 after purchasing an additional 144,841 shares during the period. Simplicity Wealth LLC bought a new position in shares of Waldencast in the first quarter worth $142,000. SG Americas Securities LLC increased its position in shares of Waldencast by 23.2% in the fourth quarter. SG Americas Securities LLC now owns 19,705 shares of the company’s stock worth $216,000 after purchasing an additional 3,716 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Waldencast by 44.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,226 shares of the company’s stock worth $178,000 after purchasing an additional 4,992 shares during the period. Institutional investors own 41.97% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WALD shares. Telsey Advisory Group restated an “outperform” rating and issued a $8.00 price target on shares of Waldencast in a research report on Tuesday, May 21st. DA Davidson decreased their target price on Waldencast from $15.50 to $6.50 and set a “buy” rating on the stock in a research report on Tuesday, May 28th.

Get Our Latest Research Report on Waldencast

Waldencast Stock Performance

Waldencast stock traded up $0.02 during midday trading on Wednesday, reaching $3.50. The company’s stock had a trading volume of 19,882 shares, compared to its average volume of 92,745. Waldencast plc has a 52 week low of $3.20 and a 52 week high of $12.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.82 and a current ratio of 1.71. The business has a 50-day moving average price of $4.21 and a 200-day moving average price of $6.33.

Waldencast Profile

(Free Report)

Waldencast plc operates in the beauty and wellness business. The company engages in developing, acquiring, accelerating, and scaling various brands. It provides cosmetic, over-the-counter, and prescription products under the Obagi Medical, Obagi Clinical, and Obagi Professional brands; and a Skintrinsiq device for use in facial treatments that is used by physicians' offices, spas, and aestheticians.

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Institutional Ownership by Quarter for Waldencast (NASDAQ:WALD)

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