XCF Global Capital (NASDAQ:SAFX) Major Shareholder Randy Soule Sells 1,261,830 Shares

XCF Global Capital, Inc. (NASDAQ:SAFX) major shareholder Randy Soule sold 1,261,830 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $0.52, for a total transaction of $656,151.60. Following the completion of the sale, the insider owned 72,805,455 shares in the company, valued at $37,858,836.60. This represents a 1.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

XCF Global Capital Stock Down 0.2%

Shares of NASDAQ:SAFX traded down $0.00 during trading on Tuesday, hitting $0.40. 7,321,384 shares of the company were exchanged, compared to its average volume of 25,698,707. The stock has a 50 day simple moving average of $0.35. The firm has a market cap of $110.57 million, a P/E ratio of -0.66 and a beta of -0.56. XCF Global Capital, Inc. has a 1-year low of $0.12 and a 1-year high of $45.90.

XCF Global Capital (NASDAQ:SAFX) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($0.17) earnings per share for the quarter. The company had revenue of $4.69 million during the quarter. On average, equities research analysts expect that XCF Global Capital, Inc. will post -1.1 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SAFX. Weiss Ratings assumed coverage on XCF Global Capital in a research note on Wednesday, January 14th. They set a “sell (d-)” rating on the stock. Zacks Research raised XCF Global Capital to a “hold” rating in a research note on Thursday, March 19th. Wall Street Zen upgraded shares of XCF Global Capital to a “hold” rating in a research report on Saturday, April 11th. Finally, Roth Mkm reiterated a “neutral” rating on shares of XCF Global Capital in a research report on Monday, April 13th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $0.40.

Institutional Trading of XCF Global Capital

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its position in XCF Global Capital by 379.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock worth $33,000 after purchasing an additional 95,596 shares during the last quarter. Jane Street Group LLC acquired a new position in XCF Global Capital during the 4th quarter worth about $42,000. Deutsche Bank AG grew its position in shares of XCF Global Capital by 315.7% in the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock valued at $54,000 after buying an additional 151,529 shares during the last quarter. J. Derek Lewis & Associates Inc. bought a new stake in shares of XCF Global Capital in the 4th quarter valued at about $64,000. Finally, State Street Corp increased its stake in shares of XCF Global Capital by 37.3% in the fourth quarter. State Street Corp now owns 256,448 shares of the company’s stock valued at $70,000 after buying an additional 69,698 shares during the period. 52.34% of the stock is currently owned by institutional investors and hedge funds.

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.