XCF Global Capital (NASDAQ:SAFX) Major Shareholder Randy Soule Sells 9,000,000 Shares of Stock

XCF Global Capital, Inc. (NASDAQ:SAFX) major shareholder Randy Soule sold 9,000,000 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $0.34, for a total transaction of $3,060,000.00. Following the completion of the sale, the insider owned 63,805,455 shares of the company’s stock, valued at approximately $21,693,854.70. This trade represents a 12.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Randy Soule also recently made the following trade(s):

• On Thursday, March 12th, Randy Soule sold 1,261,830 shares of XCF Global Capital stock. The shares were sold at an average price of $0.52, for a total transaction of $656,151.60.

XCF Global Capital Stock Performance

SAFX stock opened at $0.42 on Friday. The firm has a fifty day simple moving average of $0.40. XCF Global Capital, Inc. has a 12 month low of $0.12 and a 12 month high of $45.90. The stock has a market cap of $116.24 million, a P/E ratio of -0.69 and a beta of -0.43.

XCF Global Capital (NASDAQ:SAFX) last released its quarterly earnings results on Tuesday, March 31st. The company reported ($0.17) EPS for the quarter. The company had revenue of $4.69 million for the quarter. As a group, research analysts anticipate that XCF Global Capital, Inc. will post -0.19 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SAFX. Polar Asset Management Partners Inc. raised its position in XCF Global Capital by 51.0% in the fourth quarter. Polar Asset Management Partners Inc. now owns 2,131,109 shares of the company’s stock worth $582,000 after acquiring an additional 720,000 shares in the last quarter. J. Derek Lewis & Associates Inc. purchased a new position in shares of XCF Global Capital in the fourth quarter valued at $64,000. Geode Capital Management LLC increased its position in shares of XCF Global Capital by 20.5% in the fourth quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock valued at $321,000 after buying an additional 200,147 shares in the last quarter. Simplify Asset Management Inc. purchased a new position in shares of XCF Global Capital in the first quarter valued at $69,000. Finally, Jane Street Group LLC purchased a new position in shares of XCF Global Capital in the fourth quarter valued at $42,000. Hedge funds and other institutional investors own 52.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Roth Mkm reaffirmed a “neutral” rating on shares of XCF Global Capital in a report on Monday, April 13th. Wall Street Zen raised XCF Global Capital to a “hold” rating in a report on Saturday, April 11th. Zacks Research raised XCF Global Capital to a “hold” rating in a report on Thursday, March 19th. Finally, Weiss Ratings assumed coverage on XCF Global Capital in a research report on Wednesday, January 14th. They issued a “sell (d-)” rating for the company. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $0.40.

About XCF Global Capital

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.