Fortem Financial Group LLC Sells 2,862,258 Shares of Benson Hill, Inc. (NASDAQ:BHIL)

Fortem Financial Group LLC reduced its position in shares of Benson Hill, Inc. (NASDAQ:BHIL) by 97.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 83,442 shares of the company’s stock after selling 2,862,258 shares during the quarter. Fortem Financial Group LLC’s holdings in Benson Hill were worth $601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of BHIL. Renaissance Technologies LLC lifted its stake in Benson Hill by 27.9% in the 2nd quarter. Renaissance Technologies LLC now owns 582,001 shares of the company’s stock valued at $89,000 after purchasing an additional 126,800 shares during the last quarter. Moloney Securities Asset Management LLC lifted its position in shares of Benson Hill by 0.8% in 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 last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Benson Hill during the 2nd quarter worth approximately $40,000. Institutional investors own 36.21% of the company’s stock.

Benson Hill Stock Up 10.8 %

BHIL opened at $2.73 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 stock’s fifty day simple moving average is $5.78 and its 200 day simple moving average is $6.15. Benson Hill, Inc. has a 1-year low of $2.30 and a 1-year high of $11.02. The stock has a market cap of $16.69 million, a PE ratio of -0.15 and a beta of 1.93.

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.