Several other equities research analysts have also issued reports on the company. Zacks Investment Research raised Inventure Foods from a sell rating to a hold rating in a research report on Wednesday, July 12th. ValuEngine upgraded Inventure Foods from a strong sell rating to a sell rating in a research note on Friday, September 1st.
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Hedge funds have recently bought and sold shares of the company. KCG Holdings Inc. grew its stake in shares of Inventure Foods by 116.3% during the 1st quarter. KCG Holdings Inc. now owns 26,093 shares of the company’s stock worth $115,000 after acquiring an additional 14,032 shares during the period. NJ State Employees Deferred Compensation Plan bought a new position in shares of Inventure Foods during the 2nd quarter worth $216,000. OppenheimerFunds Inc. bought a new position in shares of Inventure Foods during the 1st quarter worth $228,000. Trellus Management Company LLC bought a new position in shares of Inventure Foods during the 3rd quarter worth $236,000. Finally, LMR Partners LLP bought a new position in shares of Inventure Foods during the 2nd quarter worth $285,000. Institutional investors own 71.86% of the company’s stock.
About Inventure Foods
Inventure Foods, Inc is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in the snack products segment. The snack products segment produces potato chips, kettle chips, potato crisps, potato skins, pellet snacks, sheeted dough products and extruded products for sale primarily to snack food distributors and retailers.
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