Roth Mkm Begins Coverage on XCF Global Capital (NASDAQ:SAFX)

Research analysts at Roth Mkm began coverage on shares of XCF Global Capital (NASDAQ:SAFX) in a note issued to investors on Wednesday, Marketbeat Ratings reports. The firm set a “neutral” rating and a $0.40 price target on the stock. Roth Mkm’s target price would suggest a potential upside of 14.19% from the company’s previous close.

Separately, Weiss Ratings began coverage on shares of XCF Global Capital in a research note on Wednesday, January 14th. They set a “sell (d-)” rating for the company. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, XCF Global Capital has a consensus rating of “Reduce” and a consensus price target of $0.40.

XCF Global Capital Stock Performance

Shares of SAFX opened at $0.35 on Wednesday. The stock has a market capitalization of $72.97 million, a P/E ratio of -0.57 and a beta of -0.13. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.11 and a quick ratio of 0.09. The company’s 50 day moving average is $0.22. XCF Global Capital has a 52 week low of $0.12 and a 52 week high of $45.90.

Insider Activity

In other news, major shareholder Randy Soule sold 561,363 shares of XCF Global Capital stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $0.15, for a total transaction of $84,204.45. Following the completion of the sale, the insider directly owned 76,067,285 shares in the company, valued at $11,410,092.75. The trade was a 0.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.12% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On XCF Global Capital

A number of hedge funds have recently added to or reduced their stakes in SAFX. Goldman Sachs Group Inc. lifted its stake in XCF Global Capital by 379.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after acquiring an additional 95,596 shares during the last quarter. Jane Street Group LLC bought a new stake in XCF Global Capital in the fourth quarter worth approximately $42,000. Deutsche Bank AG raised its holdings in shares of XCF Global Capital by 315.7% during the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock valued at $54,000 after purchasing an additional 151,529 shares in the last quarter. State Street Corp raised its holdings in shares of XCF Global Capital by 37.3% during the 4th quarter. State Street Corp now owns 256,448 shares of the company’s stock valued at $70,000 after purchasing an additional 69,698 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of 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 purchasing an additional 200,147 shares in the last quarter. Institutional investors and hedge funds own 52.34% of the company’s stock.

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.