William Blair Investment Management LLC purchased a new stake in BBB Foods Inc. (NYSE:TBBB – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 2,057,761 shares of the company’s stock, valued at approximately $48,934,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of TBBB. Sei Investments Co. purchased a new stake in BBB Foods in the 1st quarter valued at $711,000. Russell Investments Group Ltd. purchased a new position in BBB Foods during the 1st quarter worth $1,512,000. Seven Grand Managers LLC purchased a new position in BBB Foods during the 1st quarter worth $2,378,000. Van ECK Associates Corp purchased a new position in BBB Foods during the 1st quarter worth $2,821,000. Finally, Sib LLC purchased a new position in BBB Foods during the 1st quarter worth $4,756,000. Hedge funds and other institutional investors own 8.42% of the company’s stock.
BBB Foods Stock Up 3.0 %
Shares of NYSE:TBBB traded up $0.77 on Wednesday, reaching $26.32. 945,669 shares of the company were exchanged, compared to its average volume of 907,268. BBB Foods Inc. has a 1-year low of $18.71 and a 1-year high of $28.84. The stock’s 50-day simple moving average is $24.43.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on TBBB
BBB Foods Profile
BBB Foods Inc, through its subsidiaries, operates grocery retail stores in Mexico. It offers food products, drinks, hygiene and beauty products, home clean products, coffee, tea and substitutes, jellies and desserts, and baby and pet products. The company also provides branded, private label, and spot products.
Featured Articles
- Five stocks we like better than BBB Foods
- Stock Average Calculator
- Real Estate Stock Signals a Boom in Manufacturing Activity
- Ride Out The Recession With These Dividend KingsĀ
- This Medical Giant’s Stock Rebounds: A 15% Upside Is the Minimum
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Financial Giant’s Shares Soar on EPS Beat and Record Asset Levels
Want to see what other hedge funds are holding TBBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BBB Foods Inc. (NYSE:TBBB – Free Report).
Receive News & Ratings for BBB Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BBB Foods and related companies with MarketBeat.com's FREE daily email newsletter.