Coldstream Capital Management Inc. Has $133,000 Stock Position in Allbirds, Inc. (NASDAQ:BIRD)

Coldstream Capital Management Inc. lowered its position in shares of Allbirds, Inc. (NASDAQ:BIRD - Free Report) by 95.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,259 shares of the company's stock after selling 212,529 shares during the quarter. Coldstream Capital Management Inc. owned 0.14% of Allbirds worth $133,000 as of its most recent SEC filing.

Separately, Jacobs Levy Equity Management Inc. acquired a new position in shares of Allbirds in the 3rd quarter valued at about $138,000. 44.07% of the stock is currently owned by institutional investors and hedge funds.

Allbirds Stock Down 5.8 %

Shares of NASDAQ:BIRD traded down $0.45 during trading on Wednesday, reaching $7.29. 57,463 shares of the company traded hands, compared to its average volume of 57,857. The firm has a fifty day simple moving average of $9.08 and a 200 day simple moving average of $11.00. Allbirds, Inc. has a 1-year low of $7.25 and a 1-year high of $29.00. The firm has a market cap of $57.82 million, a P/E ratio of -0.45 and a beta of 1.61.

Allbirds (NASDAQ:BIRD - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported ($2.68) EPS for the quarter, topping the consensus estimate of ($3.13) by $0.45. Allbirds had a negative net margin of 60.43% and a negative return on equity of 65.30%. The company had revenue of $43.00 million for the quarter, compared to analyst estimates of $42.11 million. During the same quarter in the prior year, the business posted ($4.20) EPS. As a group, research analysts anticipate that Allbirds, Inc. will post -11.89 EPS for the current year.

Allbirds Company Profile

Allbirds, Inc manufactures and sells footwear and apparel products for men and women in the United States and internationally. The company offers a range of lifestyle and performance shoes; and apparel, including classic tees and sweats, socks, and underwear. It sells its products through its retail stores, as well as online.