Transform Wealth LLC Takes $87,000 Position in SNDL Inc. (NASDAQ:SNDL)

Transform Wealth LLC acquired a new position in SNDL Inc. (NASDAQ:SNDL) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 48,806 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. SG Americas Securities LLC acquired a new position in SNDL during the third quarter worth about $33,000. RMR Capital Management LLC purchased a new position in shares of SNDL during the 3rd quarter worth approximately $103,000. Vontobel Holding Ltd. raised its position in shares of SNDL by 38.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 159,914 shares of the company’s stock worth $329,000 after purchasing an additional 44,579 shares during the last quarter. State Street Corp lifted its stake in SNDL by 1.5% in the 3rd quarter. State Street Corp now owns 353,107 shares of the company’s stock valued at $727,000 after buying an additional 5,246 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in SNDL by 138.7% during the 2nd quarter. Millennium Management LLC now owns 2,080,069 shares of the company’s stock valued at $3,952,000 after buying an additional 1,208,556 shares during the last quarter.

SNDL Stock Performance

SNDL stock opened at $1.76 on Wednesday. SNDL Inc. has a fifty-two week low of $1.30 and a fifty-two week high of $2.93. The stock has a fifty day moving average of $1.87 and a two-hundred day moving average of $2.01. The company has a debt-to-equity ratio of 0.10, a current ratio of 5.61 and a quick ratio of 4.16.

SNDL Profile

SNDL Inc engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores.