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Following this transaction, Grayson holds 44,794 shares in the company. The sales were executed under a pre-established Rule 10b5-1 trading plan, which Grayson adopted on December 12, 2024. This type of plan allows insiders to set up a predetermined schedule for selling stocks, providing a measure of protection against accusations of insider trading. Want deeper insights? InvestingPro subscribers have access to 17 additional ProTips and comprehensive analysis of Beyond Meat’s financial health and market position. Want deeper insights? InvestingPro subscribers have access to 17 additional ProTips and comprehensive analysis of Beyond Meat’s financial health and market position. Following this transaction, Grayson holds 44,794 shares in the company.
The sales were executed under a pre-established Rule 10b5-1 trading plan, which Grayson adopted on December 12, 2024. This type of plan allows insiders to set up a predetermined schedule for selling stocks, providing a measure of protection against accusations of insider trading.
In other recent news, Beyond Meat Inc (NASDAQ:BYND). reported its Q4 2024 earnings, revealing a revenue of $76.7 million, slightly exceeding forecasts but showing a larger-than-expected loss per share at -0.65. Despite a positive gross margin improvement to 13.1%, the company’s full-year revenue declined by 4.9% compared to 2023. Analysts from Jefferies, TD Cowen, Mizuho (NYSE:MFG) Securities, and BMO Capital Markets have adjusted their outlooks on Beyond Meat. Jefferies lowered its price target to $3.15, maintaining a Hold rating, while TD Cowen cut its target to $2.50 and kept a Sell rating, citing concerns over gross profit and EBITDA shortfalls. Mizuho reiterated an Underperform rating with a stable $3.00 target, noting challenges in the company’s future guidance. BMO Capital Markets reduced its target to $5.00, maintaining a Market Perform rating, following the company’s earnings miss and lower-than-expected gross margins. Beyond Meat has announced further workforce reductions and the suspension of operations in China as part of its strategy to achieve positive EBITDA by the end of 2026. These developments highlight the company’s ongoing efforts to address liquidity concerns and improve its capital structure.
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