Buck Wealth Strategies LLC Grows Position in Cal-Maine Foods, Inc. (NASDAQ:CALM)

Buck Wealth Strategies LLC lifted its stake in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM - Free Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,324 shares of the basic materials company's stock after purchasing an additional 2,914 shares during the quarter. Buck Wealth Strategies LLC owned 0.12% of Cal-Maine Foods worth $5,900,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in CALM. Axiom Advisory LLC grew its holdings in shares of Cal-Maine Foods by 3.3% during the third quarter. Axiom Advisory LLC now owns 4,061 shares of the basic materials company's stock worth $280,000 after purchasing an additional 128 shares during the last quarter. Martingale Asset Management L P grew its holdings in Cal-Maine Foods by 0.4% during the 3rd quarter. Martingale Asset Management L P now owns 39,321 shares of the basic materials company's stock worth $2,943,000 after acquiring an additional 145 shares during the last quarter. Hexagon Capital Partners LLC increased its position in Cal-Maine Foods by 57.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 427 shares of the basic materials company's stock valued at $32,000 after acquiring an additional 155 shares during the period. Stifel Financial Corp raised its stake in shares of Cal-Maine Foods by 1.3% during the third quarter. Stifel Financial Corp now owns 15,049 shares of the basic materials company's stock valued at $1,126,000 after acquiring an additional 188 shares during the last quarter. Finally, Quarry LP lifted its holdings in shares of Cal-Maine Foods by 32.5% during the third quarter. Quarry LP now owns 770 shares of the basic materials company's stock worth $58,000 after purchasing an additional 189 shares during the period. 84.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Cal-Maine Foods

In other Cal-Maine Foods news, Director Letitia Callender Hughes sold 809 shares of Cal-Maine Foods stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $109.97, for a total value of $88,965.73. Following the completion of the sale, the director now directly owns 42,761 shares of the company's stock, valued at approximately $4,702,427.17. The trade was a 1.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 13.45% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Cal-Maine Foods from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th.

Cal-Maine Foods Trading Up 1.0 %

CALM stock traded up $1.04 during trading on Monday, hitting $109.34. The company had a trading volume of 413,443 shares, compared to its average volume of 812,102. Cal-Maine Foods, Inc. has a one year low of $54.53 and a one year high of $116.41. The business has a 50-day moving average of $106.06 and a 200-day moving average of $89.44. The stock has a market cap of $5.36 billion, a PE ratio of 8.51 and a beta of -0.12.

Cal-Maine Foods (NASDAQ:CALM - Get Free Report) last posted its quarterly earnings data on Tuesday, January 7th. The basic materials company reported $4.47 earnings per share for the quarter, topping the consensus estimate of $4.05 by $0.42. The company had revenue of $954.70 million during the quarter, compared to analysts' expectations of $751.50 million. Cal-Maine Foods had a net margin of 20.39% and a return on equity of 33.69%. Cal-Maine Foods's revenue for the quarter was up 82.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 earnings per share. Research analysts forecast that Cal-Maine Foods, Inc. will post 15.59 EPS for the current year.

Cal-Maine Foods Company Profile

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names.