Inspire Investing LLC Sells 7,240 Shares of Cal-Maine Foods, Inc. (NASDAQ:CALM)

Inspire Investing LLC reduced its position in Cal-Maine Foods, Inc. (NASDAQ:CALM) by 53.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,194 shares of the basic materials company’s stock after selling 7,240 shares during the period. Inspire Investing LLC’s holdings in Cal-Maine Foods were worth $365,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. National Bank of Canada FI increased its holdings in shares of Cal-Maine Foods by 2.3% during the fourth quarter. National Bank of Canada FI now owns 9,547 shares of the basic materials company’s stock valued at $541,000 after acquiring an additional 218 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Cal-Maine Foods by 37.6% during the 4th quarter. Quadrant Capital Group LLC now owns 941 shares of the basic materials company’s stock valued at $54,000 after purchasing an additional 257 shares in the last quarter. Donoghue Forlines LLC raised its holdings in shares of Cal-Maine Foods by 4.2% in the fourth quarter. Donoghue Forlines LLC now owns 7,211 shares of the basic materials company’s stock worth $414,000 after buying an additional 289 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of Cal-Maine Foods by 1.5% during the first quarter. Illinois Municipal Retirement Fund now owns 23,040 shares of the basic materials company’s stock valued at $1,356,000 after buying an additional 350 shares during the last quarter. Finally, Park Place Capital Corp purchased a new stake in shares of Cal-Maine Foods during the fourth quarter valued at $26,000. 84.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Stephens restated an “equal weight” rating and set a $65.00 price objective on shares of Cal-Maine Foods in a research note on Wednesday, April 3rd.

Cal-Maine Foods Trading Up 2.6 %

CALM traded up $1.66 on Tuesday, reaching $64.40. The stock had a trading volume of 155,804 shares, compared to its average volume of 633,487. The business’s 50-day moving average price is $59.97 and its two-hundred day moving average price is $58.47. Cal-Maine Foods, Inc. has a 12-month low of $42.25 and a 12-month high of $64.76. The company has a market cap of $3.16 billion, a P/E ratio of 11.12 and a beta of -0.10.

About Cal-Maine Foods

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names.