BBB Foods Inc. (NYSE:TBBB) Shares Sold by Ghisallo Capital Management LLC

Ghisallo Capital Management LLC reduced its position in BBB Foods Inc. (NYSE:TBBB - Free Report) by 50.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 200,000 shares of the company's stock after selling 200,000 shares during the quarter. Ghisallo Capital Management LLC owned approximately 0.18% of BBB Foods worth $5,656,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TBBB. SG Americas Securities LLC acquired a new position in BBB Foods in the fourth quarter valued at approximately $375,000. Tempus Wealth Planning LLC acquired a new position in BBB Foods in the fourth quarter valued at approximately $343,000. Barings LLC boosted its stake in BBB Foods by 375.0% in the fourth quarter. Barings LLC now owns 37,959 shares of the company's stock valued at $1,073,000 after acquiring an additional 29,968 shares during the period. William Blair Investment Management LLC boosted its stake in BBB Foods by 8.8% in the fourth quarter. William Blair Investment Management LLC now owns 2,118,138 shares of the company's stock valued at $59,901,000 after acquiring an additional 170,811 shares during the period. Finally, Zweig DiMenna Associates LLC boosted its stake in BBB Foods by 4.9% in the fourth quarter. Zweig DiMenna Associates LLC now owns 396,641 shares of the company's stock valued at $11,217,000 after acquiring an additional 18,541 shares during the period. 8.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Itau BBA Securities upgraded BBB Foods from a "market perform" rating to an "outperform" rating and set a $36.00 target price for the company in a research note on Monday, April 21st. Scotiabank set a $37.00 price objective on BBB Foods and gave the stock an "outperform" rating in a research report on Friday, April 11th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, BBB Foods has a consensus rating of "Moderate Buy" and an average target price of $33.67.

BBB Foods Stock Up 0.0 %

NYSE:TBBB traded up $0.01 during midday trading on Tuesday, hitting $30.27. 578,930 shares of the stock were exchanged, compared to its average volume of 824,031. The business has a 50-day moving average price of $26.45 and a two-hundred day moving average price of $29.08. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.79 and a quick ratio of 0.54. BBB Foods Inc. has a one year low of $21.39 and a one year high of $35.22.

BBB Foods (NYSE:TBBB - Get Free Report) last announced its quarterly earnings data on Wednesday, April 9th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $1.02 by ($1.03). The firm had revenue of $784.03 million during the quarter, compared to analyst estimates of $16.87 billion. On average, research analysts expect that BBB Foods Inc. will post 0.15 EPS for the current year.

About BBB Foods

BBB Foods Inc, through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins.