Randy Soule Sells 5,000,000 Shares of XCF Global Capital (NASDAQ:SAFX) Stock

XCF Global Capital, Inc. (NASDAQ:SAFX) major shareholder Randy Soule sold 5,000,000 shares of the firm’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 transaction of $2,050,000.00. Following the sale, the insider owned 72,383,239 shares in the company, valued at approximately $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 hyperlink. Large shareholders that own 10% or more 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, 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 transaction of $3,060,000.00.
• On Thursday, March 12th, Randy Soule sold 1,261,830 shares of XCF Global Capital stock. The stock was sold at an average price of $0.52, for a total transaction of $656,151.60.

XCF Global Capital Price Performance

NASDAQ SAFX traded up $0.02 on Friday, reaching $0.46. 2,443,867 shares of the stock were exchanged, compared to its average volume of 22,386,486. XCF Global Capital, Inc. has a one year low of $0.12 and a one year high of $45.90. The firm has a market cap of $125.33 million, a price-to-earnings ratio of -0.67 and a beta of -0.43. The firm’s 50-day moving average price is $0.44.

XCF Global Capital (NASDAQ:SAFX) last released 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 negative return on equity of 588.22% and a net margin of 300.85%.The firm had revenue of $0.35 million for the quarter. As a group, research analysts predict that XCF Global Capital, Inc. will post -0.19 earnings per share for the current year.

Institutional Trading of XCF Global Capital

Several institutional investors and hedge funds have recently made changes to their positions in SAFX. Polar Asset Management Partners Inc. raised its holdings in shares of 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 valued at $582,000 after acquiring an additional 720,000 shares in the last quarter. J. Derek Lewis & Associates Inc. purchased a new stake in shares of XCF Global Capital during the fourth quarter worth about $64,000. Geode Capital Management LLC grew its stake in shares of XCF Global Capital by 20.5% during the fourth quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock worth $321,000 after acquiring an additional 200,147 shares during the last quarter. Simplify Asset Management Inc. purchased a new stake in shares of XCF Global Capital during the first quarter worth about $69,000. Finally, Jane Street Group LLC purchased a new stake in shares of XCF Global Capital during the fourth quarter worth about $42,000. 52.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

SAFX has been the subject of a number of research analyst reports. Zacks Research raised shares of XCF Global Capital to a “hold” rating in a report on Thursday, March 19th. Weiss Ratings raised shares of XCF Global Capital from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Wall Street Zen raised shares of XCF Global Capital to a “hold” rating in a report on Saturday, April 11th. Finally, Roth Mkm reissued a “neutral” rating on shares of XCF Global Capital in a report on Monday, April 13th. 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 MarketBeat.com, the company 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.