--- title: "1,030,329 Shares in BranchOut Food Inc. $BOF Acquired by Bard Associates Inc." type: "News" locale: "en" url: "https://longbridge.com/en/news/296675339.md" description: "Bard Associates Inc. acquired a new position in BranchOut Food Inc. (NASDAQ:BOF), purchasing 1,030,329 shares valued at approximately $4.74 million during the second quarter, per SEC filings. This stake represents 1.1% of Bard's portfolio. Other institutions like State Street Corp and Virtu Financial also adjusted holdings. Analyst ratings vary, with an average 'Hold' rating and a $6.00 target price. Recent quarterly earnings showed revenue of $4.46 million, beating estimates." datetime: "2026-08-22T07:20:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296675339.md) - [en](https://longbridge.com/en/news/296675339.md) - [zh-HK](https://longbridge.com/zh-HK/news/296675339.md) generator: "portal-rs" --- # 1,030,329 Shares in BranchOut Food Inc. $BOF Acquired by Bard Associates Inc. Bard Associates Inc. purchased a new position in shares of BranchOut Food Inc. (NASDAQ:BOF - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,030,329 shares of the company's stock, valued at approximately $4,740,000. BranchOut Food comprises 1.1% of Bard Associates Inc.'s investment portfolio, making the stock its 28th biggest position. Bard Associates Inc. owned approximately 6.73% of BranchOut Food as of its most recent SEC filing. Get **BranchOut Food** alerts: - Penny Stock BranchOut Food: Why It Won’t Stay Cheap for Long Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp raised its holdings in BranchOut Food by 82.7% in the 4th quarter. State Street Corp now owns 24,300 shares of the company's stock worth $77,000 after acquiring an additional 11,000 shares during the period. Virtu Financial LLC bought a new stake in BranchOut Food during the fourth quarter valued at about $35,000. Nwam LLC acquired a new stake in shares of BranchOut Food in the fourth quarter valued at about $39,000. Quadrature Capital Ltd acquired a new stake in shares of BranchOut Food in the fourth quarter valued at about $59,000. Finally, Jane Street Group LLC bought a new position in shares of BranchOut Food in the fourth quarter worth about $82,000. Institutional investors and hedge funds own 2.59% of the company's stock. ## Wall Street Analyst Weigh In A number of brokerages have recently commented on BOF. Wall Street Zen upgraded BranchOut Food from a "strong sell" rating to a "sell" rating in a report on Tuesday, July 21st. Lake Street Capital began coverage on shares of BranchOut Food in a research note on Monday, August 3rd. They set a "buy" rating and a $6.00 target price for the company. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of BranchOut Food in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $6.00. **View Our Latest Analysis on BranchOut Food** ## BranchOut Food Stock Down 3.5% Shares of NASDAQ:BOF opened at $3.86 on Friday. The company has a 50 day moving average price of $4.19 and a two-hundred day moving average price of $3.84. The company has a market capitalization of $59.14 million, a PE ratio of -6.43 and a beta of 0.65. BranchOut Food Inc. has a 52 week low of $1.93 and a 52 week high of $5.25. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.60 and a current ratio of 1.03. BranchOut Food (NASDAQ:BOF - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.18) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.02. The company had revenue of $4.46 million during the quarter, compared to analysts' expectations of $4.00 million. BranchOut Food had a negative net margin of 56.77% and a negative return on equity of 153.95%. ## About BranchOut Food (Free Report) BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces. It also provides chocolate covered fruit items and private label products for retailers. ## See Also - Five stocks we like better than BranchOut Food - Blueprint for a Boom: SEC Clears the Crypto Runway - Ross Stores Just Flipped the Off-Price Retail Story After TJX's Marmaxx Miss - Advance Auto Parts Plunged, But Its Turnaround Is Still Working - Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in BranchOut Food Right Now? Before you consider BranchOut Food, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BranchOut Food wasn't on the list. While BranchOut Food currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [BOF.US](https://longbridge.com/en/quote/BOF.US.md) - [STT.US](https://longbridge.com/en/quote/STT.US.md) - [VIRT.US](https://longbridge.com/en/quote/VIRT.US.md) - [ROST.US](https://longbridge.com/en/quote/ROST.US.md) - [TJX.US](https://longbridge.com/en/quote/TJX.US.md) - [AAP.US](https://longbridge.com/en/quote/AAP.US.md) - [PANW.US](https://longbridge.com/en/quote/PANW.US.md) - [SPIN.US](https://longbridge.com/en/quote/SPIN.US.md) ## Related News & Research - [Northcape Wealth Management LLC Acquires Shares of 11,867 Union Pacific Corporation $UNP](https://longbridge.com/en/news/296598628.md) - [Global Retirement Partners LLC Invests $1.36 Million in Comfort Systems USA, Inc. $FIX](https://longbridge.com/en/news/296195469.md) - [Starfighters Space, Inc. GAAP EPS of -$0.24](https://longbridge.com/en/news/296400745.md) - [Bard Associates Inc. Buys New Stake in Smith-Midland Corp. $SMID](https://longbridge.com/en/news/296675417.md) - [Crescent Capital BDC CFO Gerhard Lombard acquires $21,820 of common shares](https://longbridge.com/en/news/296534007.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**