Versor Investments LP acquired a new stake in Sovos Brands, Inc. (NASDAQ:SOVO – Free Report) during the third quarter, HoldingsChannel reports. The fund acquired 445,696 shares of the company’s stock, valued at approximately $10,050,000. Sovos Brands comprises about 2.0% of Versor Investments LP’s investment portfolio, making the stock its 3rd largest holding. Other hedge funds […]
Sovos Brands, Inc. (NASDAQ:SOVO – Get Free Report) has earned an average recommendation of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price […]
Driehaus Capital Management LLC raised its holdings in shares of Sovos Brands, Inc. (NASDAQ:SOVO – Free Report) by 179.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,855,227 shares of the company’s stock after buying an additional 1,190,923 shares during […]
Telsey Advisory Group cut shares of Sovos Brands (NASDAQ:SOVO – Free Report) from an outperform rating to a market perform rating in a research note published on Thursday, PriceTargets.com reports. Telsey Advisory Group also issued estimates for Sovos Brands’ Q4 2023 earnings at $0.20 EPS, FY2023 earnings at $0.76 EPS, Q1 2024 earnings at $0.21 […]
Sovos Brands, Inc. (NASDAQ:SOVO – Get Free Report) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 12,130,000 shares, a growth of 24.0% from the September 30th total of 9,780,000 shares. Approximately 24.5% of the shares of the company are sold short. Based […]