Two Sigma Investments LP bought a new position in Jamba, Inc. (NASDAQ:JMBA) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 59,830 shares of the company’s stock, valued at approximately $616,000. Two Sigma Investments LP owned approximately 0.39% of Jamba as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. GSA Capital Partners LLP raised its stake in Jamba by 8.1% in the fourth quarter. GSA Capital Partners LLP now owns 83,087 shares of the company’s stock worth $856,000 after buying an additional 6,201 shares in the last quarter. State Street Corp raised its stake in Jamba by 4.6% in the fourth quarter. State Street Corp now owns 243,184 shares of the company’s stock worth $2,505,000 after buying an additional 10,710 shares in the last quarter. Trexquant Investment LP acquired a new stake in Jamba during the fourth quarter worth approximately $176,000. Russell Investments Group Ltd. acquired a new stake in Jamba during the fourth quarter worth approximately $191,000. Finally, Renaissance Technologies LLC acquired a new stake in Jamba during the fourth quarter worth approximately $437,000. Hedge funds and other institutional investors own 94.46% of the company’s stock.
Shares of Jamba, Inc. (NASDAQ:JMBA) opened at 9.05 on Friday. The firm’s market cap is $138.73 million. Jamba, Inc. has a 12 month low of $9.03 and a 12 month high of $13.62. The company has a 50-day moving average price of $9.57 and a 200-day moving average price of $10.05.
Separately, Zacks Investment Research raised Jamba from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 4th.
In related news, Director Glenn W. Welling purchased 19,169 shares of Jamba stock in a transaction on Wednesday, February 8th. The shares were purchased at an average price of $9.57 per share, for a total transaction of $183,447.33. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders acquired a total of 496,431 shares of company stock worth $4,815,578 in the last quarter. Corporate insiders own 15.85% of the company’s stock.
Jamba, Inc is a restaurant retailer of specialty food and beverage offerings. The Company operates through retail segment. The Company’s offerings include whole fruit smoothies, squeezed juices and juice blends, Energy Bowls, and a range of food items including, hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads, baked goods and snacks.
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