187,237 Shares in The Beachbody Company, Inc. (NYSE:BODI) Bought by Whetstone Capital Advisors LLC

Whetstone Capital Advisors LLC acquired a new stake in shares of The Beachbody Company, Inc. (NYSE:BODI) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 187,237 shares of the company’s stock, valued at approximately $1,071,000. Beachbody accounts for about 0.5% of Whetstone Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Whetstone Capital Advisors LLC owned approximately 2.71% of Beachbody at the end of the most recent reporting period.

Separately, Mill Creek Capital Advisors LLC purchased a new position in shares of Beachbody during the third quarter valued at about $186,000. Institutional investors and hedge funds own 74.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm restated a “buy” rating and issued a $12.00 price objective on shares of Beachbody in a report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $12.00.

Beachbody Stock Up 0.8 %

NYSE:BODI opened at $6.16 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.64 and a quick ratio of 0.52. The firm’s 50-day moving average price is $6.39 and its 200-day moving average price is $7.38. The company has a market capitalization of $42.63 million, a PE ratio of -0.39 and a beta of 1.12. The Beachbody Company, Inc. has a 1-year low of $5.14 and a 1-year high of $13.45.

About Beachbody

The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.