KCG Holdings Inc. raised its stake in Inventure Foods, Inc. (NASDAQ:SNAK) by 116.3% during the first quarter, Holdings Channel reports. The firm owned 26,093 shares of the company’s stock after buying an additional 14,032 shares during the period. KCG Holdings Inc.’s holdings in Inventure Foods were worth $115,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SNAK. New Jersey Better Educational Savings Trust increased its position in Inventure Foods by 3.8% in the first quarter. New Jersey Better Educational Savings Trust now owns 110,000 shares of the company’s stock valued at $486,000 after buying an additional 4,000 shares during the period. Cutter & CO Brokerage Inc. increased its position in Inventure Foods by 8.1% in the first quarter. Cutter & CO Brokerage Inc. now owns 79,800 shares of the company’s stock valued at $353,000 after buying an additional 6,000 shares during the period. Dimensional Fund Advisors LP increased its position in Inventure Foods by 4.6% in the first quarter. Dimensional Fund Advisors LP now owns 212,982 shares of the company’s stock valued at $941,000 after buying an additional 9,300 shares during the period. State Street Corp increased its position in Inventure Foods by 4.4% in the fourth quarter. State Street Corp now owns 240,723 shares of the company’s stock valued at $2,375,000 after buying an additional 10,208 shares during the period. Finally, Bourgeon Capital Management LLC acquired a new position in Inventure Foods during the first quarter valued at approximately $133,000. Institutional investors and hedge funds own 81.75% of the company’s stock.

Inventure Foods, Inc. (NASDAQ:SNAK) traded up 1.26% during midday trading on Friday, hitting $3.21. 9,123 shares of the stock traded hands. The company’s market cap is $63.37 million. Inventure Foods, Inc. has a one year low of $2.96 and a one year high of $10.15. The company’s 50-day moving average is $3.80 and its 200-day moving average is $4.49.

Inventure Foods (NASDAQ:SNAK) last released its quarterly earnings results on Thursday, May 11th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.05. Inventure Foods had a negative return on equity of 32.41% and a negative net margin of 19.06%. The company had revenue of $49.60 million for the quarter, compared to the consensus estimate of $70.10 million. During the same quarter last year, the firm posted ($0.05) earnings per share. The firm’s quarterly revenue was down 13.3% compared to the same quarter last year. Equities research analysts expect that Inventure Foods, Inc. will post ($0.13) EPS for the current fiscal year.

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Several research firms have commented on SNAK. ValuEngine upgraded shares of Inventure Foods from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 25th. Zacks Investment Research upgraded shares of Inventure Foods from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th.

About Inventure Foods

Inventure Foods, Inc is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in two segments: frozen products and snack products. The frozen products segment produces frozen fruits, vegetables, beverages and frozen desserts for sale primarily to groceries, club stores and mass merchandisers.

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Institutional Ownership by Quarter for Inventure Foods (NASDAQ:SNAK)

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