Beneficient (NASDAQ:BENF) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Beneficient (NASDAQ:BENF) from a sell rating to a hold rating in a research report sent to investors on Saturday morning.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Beneficient in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Beneficient currently has an average rating of “Sell”.

Beneficient Stock Performance

BENF stock opened at $4.16 on Friday. The company has a 50-day moving average of $5.21 and a two-hundred day moving average of $4.66. Beneficient has a 52-week low of $1.75 and a 52-week high of $12.48.

Institutional Investors Weigh In On Beneficient

An institutional investor recently bought a new position in Beneficient stock. Jane Street Group LLC bought a new position in shares of Beneficient (NASDAQ:BENF) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,922 shares of the company’s stock, valued at approximately $133,000. Jane Street Group LLC owned approximately 0.14% of Beneficient as of its most recent SEC filing. Institutional investors own 90.57% of the company’s stock.

Beneficient Company Profile

Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. The company offers Ben AltAccess platform for secure, online, and end-to-end delivery of each of the Ben business unit products and services, including upload documents, and work through tasks, and complete their transactions with standardized transaction agreements.