XCF Global Capital (NASDAQ:SAFX) Major Shareholder Randy Soule Sells 5,000,000 Shares

XCF Global Capital, Inc. (NASDAQ:SAFX) major shareholder Randy Soule sold 5,000,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $0.41, for a total value of $2,050,000.00. Following the transaction, the insider owned 72,383,239 shares in the company, valued at $29,677,127.99. The trade was a 6.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Thursday, April 30th, Randy Soule sold 9,000,000 shares of XCF Global Capital stock. The stock was sold at an average price of $0.34, for a total value of $3,060,000.00.
• 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 value of $656,151.60.

XCF Global Capital Trading Up 4.2%

Shares of SAFX stock opened at $0.46 on Friday. XCF Global Capital, Inc. has a fifty-two week low of $0.12 and a fifty-two week high of $45.90. The stock has a market capitalization of $125.91 million, a PE ratio of -0.67 and a beta of -0.43. The firm has a fifty day moving average price of $0.44.

XCF Global Capital (NASDAQ:SAFX) last announced its earnings results on Friday, May 15th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). XCF Global Capital had a net margin of 300.85% and a negative return on equity of 588.22%. The company had revenue of $0.35 million for the quarter. Analysts forecast that XCF Global Capital, Inc. will post -0.19 EPS for the current year.

Institutional Trading of XCF Global Capital

A number of hedge funds and other institutional investors have recently modified their holdings of SAFX. Polar Asset Management Partners Inc. grew its holdings in shares of XCF Global Capital by 51.0% during the 4th quarter. Polar Asset Management Partners Inc. now owns 2,131,109 shares of the company’s stock worth $582,000 after purchasing an additional 720,000 shares during the period. J. Derek Lewis & Associates Inc. purchased a new position in XCF Global Capital during the 4th quarter valued at about $64,000. Geode Capital Management LLC boosted its holdings in XCF Global Capital by 20.5% during the 4th quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock valued at $321,000 after acquiring an additional 200,147 shares during the period. Simplify Asset Management Inc. purchased a new position in XCF Global Capital during the 1st quarter valued at about $69,000. Finally, Jane Street Group LLC purchased a new position in XCF Global Capital during the 4th quarter valued at about $42,000. 52.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on SAFX shares. Wall Street Zen raised XCF Global Capital to a “hold” rating in a research report on Saturday, April 11th. Roth Mkm reissued a “neutral” rating on shares of XCF Global Capital in a research report on Monday, April 13th. Weiss Ratings raised XCF Global Capital from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 8th. Finally, Zacks Research raised XCF Global Capital to a “hold” rating in a research report on Thursday, March 19th. Two analysts have rated the stock with a Hold rating and one has given 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 target price 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.