XCF Global Capital (NASDAQ:SAFX) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of XCF Global Capital (NASDAQ:SAFX) to a hold rating in a research note published on Thursday,Zacks.com reports.

A number of other research firms have also recently commented on SAFX. Roth Mkm started coverage on shares of XCF Global Capital in a report on Wednesday. They issued a “neutral” rating and a $0.40 price target on the stock. Weiss Ratings assumed coverage on shares of XCF Global Capital in a research report on Wednesday, January 14th. They issued a “sell (d-)” rating for the company. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $0.40.

XCF Global Capital Stock Down 5.8%

SAFX stock opened at $0.33 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.09 and a current ratio of 0.11. The stock has a fifty day simple moving average of $0.22. XCF Global Capital has a twelve month low of $0.12 and a twelve month high of $45.90. The stock has a market capitalization of $68.77 million, a price-to-earnings ratio of -0.54 and a beta of -0.13.

Insider Activity at XCF Global Capital

In related news, major shareholder Randy Soule sold 1,000,000 shares of XCF Global Capital stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $0.16, for a total value of $160,000.00. Following the completion of the sale, the insider directly owned 76,628,648 shares in the company, valued at $12,260,583.68. The trade was a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On XCF Global Capital

Large investors have recently modified their holdings of the business. Goldman Sachs Group Inc. boosted its stake in shares of XCF Global Capital by 379.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after purchasing an additional 95,596 shares in the last quarter. Jane Street Group LLC bought a new position in XCF Global Capital in the fourth quarter worth approximately $42,000. Deutsche Bank AG lifted its holdings in XCF Global Capital by 315.7% during the fourth quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock worth $54,000 after buying an additional 151,529 shares during the period. State Street Corp lifted its holdings in XCF Global Capital by 37.3% during the fourth quarter. State Street Corp now owns 256,448 shares of the company’s stock worth $70,000 after buying an additional 69,698 shares during the period. Finally, Geode Capital Management LLC boosted its position in XCF Global Capital by 20.5% during the 4th quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock valued at $321,000 after acquiring an additional 200,147 shares in the last quarter. Institutional investors own 52.34% of the company’s stock.

XCF Global Capital Company Profile

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.