729,337 Shares in Beyond, Inc. (NYSE:BYON) Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP bought a new position in shares of Beyond, Inc. (NYSE:BYON - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 729,337 shares of the company's stock, valued at approximately $9,538,000. Dimensional Fund Advisors LP owned about 1.59% of Beyond as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of BYON. Tidal Investments LLC bought a new position in Beyond during the 1st quarter worth $33,599,000. Refined Wealth Management bought a new position in Beyond during the second quarter worth about $4,201,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Beyond in the 1st quarter worth about $8,956,000. Bank of New York Mellon Corp acquired a new position in shares of Beyond during the 2nd quarter worth approximately $2,188,000. Finally, Lee Danner & Bass Inc. bought a new position in shares of Beyond during the second quarter worth approximately $1,693,000. Institutional investors and hedge funds own 76.30% of the company's stock.

Beyond Price Performance

BYON stock traded down $0.56 during trading on Tuesday, reaching $10.25. 1,516,524 shares of the company were exchanged, compared to its average volume of 1,836,322. The company has a market capitalization of $468.94 million, a price-to-earnings ratio of -1.30 and a beta of 3.65. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.14 and a quick ratio of 1.08. The company has a 50-day moving average of $10.34 and a two-hundred day moving average of $15.99. Beyond, Inc. has a twelve month low of $8.91 and a twelve month high of $37.10.

Beyond (NYSE:BYON - Get Free Report) last announced its quarterly earnings results on Monday, July 29th. The company reported ($0.76) EPS for the quarter, beating analysts' consensus estimates of ($0.89) by $0.13. The company had revenue of $398.10 million during the quarter, compared to analysts' expectations of $381.74 million. Beyond had a negative return on equity of 49.00% and a negative net margin of 22.03%. Beyond's revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.02) EPS. As a group, equities analysts predict that Beyond, Inc. will post -3.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on BYON shares. Barclays reduced their price target on Beyond from $22.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Friday, July 26th. Wedbush reduced their target price on Beyond from $37.00 to $25.00 and set an "outperform" rating on the stock in a report on Wednesday, July 31st. Bank of America dropped their price target on Beyond from $15.50 to $15.00 and set a "neutral" rating for the company in a research note on Wednesday, July 31st. Jefferies Financial Group reduced their price objective on shares of Beyond from $14.00 to $11.00 and set a "hold" rating on the stock in a research note on Monday, September 23rd. Finally, Piper Sandler dropped their target price on shares of Beyond from $17.00 to $14.00 and set a "neutral" rating for the company in a research report on Wednesday, July 31st. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $25.25.

Insider Activity

In other Beyond news, Director William Benjamin Nettles, Jr. sold 10,412 shares of the business's stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $9.35, for a total transaction of $97,352.20. Following the sale, the director now directly owns 11,368 shares of the company's stock, valued at $106,290.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Beyond news, Director William Benjamin Nettles, Jr. sold 10,412 shares of the company's stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $9.35, for a total value of $97,352.20. Following the sale, the director now owns 11,368 shares in the company, valued at approximately $106,290.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Barclay F. Corbus acquired 5,000 shares of the business's stock in a transaction that occurred on Thursday, August 1st. The stock was bought at an average cost of $10.66 per share, for a total transaction of $53,300.00. Following the completion of the purchase, the director now owns 66,668 shares of the company's stock, valued at $710,680.88. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by insiders.

Beyond Company Profile

Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.