Benson Hill, Inc. (NASDAQ:BHIL) is Tao Capital Management LP’s 9th Largest Position

Tao Capital Management LP lowered its position in shares of Benson Hill, Inc. (NASDAQ:BHIL) by 97.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,704 shares of the company’s stock after selling 1,723,977 shares during the period. Benson Hill comprises approximately 0.3% of Tao Capital Management LP’s holdings, making the stock its 9th largest holding. Tao Capital Management LP owned about 0.83% of Benson Hill worth $365,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Renaissance Technologies LLC grew its holdings in Benson Hill by 27.9% during the 2nd quarter. Renaissance Technologies LLC now owns 582,001 shares of the company’s stock worth $89,000 after acquiring an additional 126,800 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Benson Hill during the second quarter valued at approximately $40,000. Moloney Securities Asset Management LLC increased its holdings in Benson Hill by 0.8% during the second quarter. Moloney Securities Asset Management LLC now owns 421,050 shares of the company’s stock valued at $64,000 after buying an additional 3,500 shares during the period. Clarius Group LLC bought a new position in Benson Hill in the second quarter worth approximately $36,000. Finally, Builders Vision LLC lifted its holdings in Benson Hill by 1.2% during the first quarter. Builders Vision LLC now owns 11,631,755 shares of the company’s stock worth $2,338,000 after buying an additional 138,888 shares during the period. 36.21% of the stock is currently owned by institutional investors.

Benson Hill Trading Down 5.0 %

BHIL opened at $5.20 on Wednesday. The company has a current ratio of 2.21, a quick ratio of 1.74 and a debt-to-equity ratio of 3.12. The firm has a market cap of $31.82 million, a price-to-earnings ratio of -0.28 and a beta of 2.15. Benson Hill, Inc. has a 12 month low of $4.41 and a 12 month high of $11.02. The stock has a fifty day moving average price of $6.88 and a 200-day moving average price of $6.56.

Benson Hill Company Profile

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.