22,313 Shares of BBB Foods Inc. $TBBB Purchased by Integrity Alliance LLC.

Integrity Alliance LLC. acquired a new stake in shares of BBB Foods Inc. (NYSE:TBBB) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 22,313 shares of the company’s stock, valued at approximately $1,175,000.

Several other institutional investors have also modified their holdings of TBBB. Farther Finance Advisors LLC bought a new position in BBB Foods in the third quarter valued at approximately $27,000. GAMMA Investing LLC bought a new stake in shares of BBB Foods during the third quarter worth $43,000. Signaturefd LLC bought a new stake in shares of BBB Foods during the third quarter worth $53,000. Toth Financial Advisory Corp bought a new stake in shares of BBB Foods during the third quarter worth $142,000. Finally, IPG Investment Advisors LLC acquired a new stake in shares of BBB Foods during the third quarter worth $275,000. Institutional investors own 8.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Weiss Ratings raised shares of BBB Foods from a “sell (d+)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Zacks Research upgraded BBB Foods from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. JPMorgan Chase & Co. lifted their price target on BBB Foods from $48.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Citigroup restated a “buy” rating on shares of BBB Foods in a report on Monday, September 14th. Finally, Scotiabank restated an “outperform” rating and issued a $65.00 price target on shares of BBB Foods in a report on Thursday, August 27th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $51.88.

Insider Buying and Selling

In related news, Director Sapire Rose Nicole Domin Reich sold 7,623 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $51.00, for a total transaction of $388,773.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

BBB Foods Trading Down 1.4%

BBB Foods stock opened at $64.17 on Friday. The firm has a 50-day moving average of $54.15 and a 200-day moving average of $42.47. BBB Foods Inc. has a one year low of $25.84 and a one year high of $65.91. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.69 and a quick ratio of 0.44. The company has a market cap of $7.61 billion, a price-to-earnings ratio of -68.26 and a beta of -0.01.

BBB Foods (NYSE:TBBB) last announced its quarterly earnings data on Monday, November 2nd. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.11. The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.53 billion. BBB Foods had a negative return on equity of 36.98% and a negative net margin of 1.94%. On average, equities analysts expect that BBB Foods Inc. will post -0.62 earnings per share for the current fiscal year.

About BBB Foods

BBB Foods Inc operates Tiendas 3B, a hard-discount grocery retail chain in Mexico. Its stores focus on everyday consumer essentials, including food, beverages, household products and personal-care items, offered primarily through a combination of private-label and selected national-brand products.

The company’s business model emphasizes a limited assortment, compact store formats and value-oriented pricing. Tiendas 3B stores primarily serve communities in Mexico, with a presence concentrated in the country’s central and southern regions.

BBB Foods was founded in 2004 and is led by Anthony Hatoum, who serves as the company’s chief executive officer.