ValuEngine upgraded shares of Inventure Foods (NASDAQ:SNAK) from a sell rating to a hold rating in a research report report published on Friday morning.
Separately, William Blair reaffirmed a market perform rating on shares of Inventure Foods in a research report on Wednesday, November 1st.
Inventure Foods (NASDAQ SNAK) traded down $0.01 during midday trading on Friday, hitting $3.99. The stock had a trading volume of 95,000 shares, compared to its average volume of 218,508. Inventure Foods has a 12-month low of $2.96 and a 12-month high of $10.15.
Several large investors have recently bought and sold shares of SNAK. Dimensional Fund Advisors LP grew its holdings in Inventure Foods by 4.6% during the first quarter. Dimensional Fund Advisors LP now owns 212,982 shares of the company’s stock valued at $941,000 after purchasing an additional 9,300 shares during the last quarter. Thompson Investment Management Inc. grew its holdings in Inventure Foods by 9.6% in the 2nd quarter. Thompson Investment Management Inc. now owns 159,100 shares of the company’s stock valued at $686,000 after buying an additional 14,000 shares in the last quarter. KCG Holdings Inc. grew its holdings in Inventure Foods by 116.3% in the 1st quarter. KCG Holdings Inc. now owns 26,093 shares of the company’s stock valued at $115,000 after buying an additional 14,032 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in Inventure Foods by 8.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 202,829 shares of the company’s stock valued at $874,000 after buying an additional 16,300 shares in the last quarter. Finally, Macquarie Group Ltd. acquired a new position in Inventure Foods in the 3rd quarter valued at $104,000. 69.32% of the stock is owned by hedge funds and other institutional investors.
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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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