Shariaportfolio Inc. Sells 542,900 Shares of Upexi, Inc. $UPXI

Shariaportfolio Inc. cut its position in Upexi, Inc. (NASDAQ:UPXI) by 87.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,828 shares of the company’s stock after selling 542,900 shares during the quarter. Upexi makes up approximately 0.1% of Shariaportfolio Inc.’s investment portfolio, making the stock its 24th largest holding. Shariaportfolio Inc.’s holdings in Upexi were worth $134,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UPXI. Geode Capital Management LLC bought a new position in Upexi in the second quarter worth about $1,002,000. XTX Topco Ltd bought a new position in Upexi in the second quarter worth about $249,000. NewGen Asset Management Ltd bought a new position in Upexi in the second quarter worth about $1,720,000. SG Americas Securities LLC bought a new position in Upexi in the third quarter worth about $177,000. Finally, Arkadios Wealth Advisors bought a new position in Upexi in the third quarter worth about $58,000. 5.68% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UPXI has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Upexi in a research note on Monday, December 29th. Wall Street Zen lowered Upexi from a “hold” rating to a “sell” rating in a research note on Saturday, January 3rd. iA Financial set a $8.00 price target on Upexi in a research note on Tuesday, January 13th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $2.00 price target (down from $6.00) on shares of Upexi in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $8.33.

Upexi Price Performance

Shares of UPXI stock opened at $1.01 on Tuesday. Upexi, Inc. has a fifty-two week low of $0.54 and a fifty-two week high of $22.57. The firm has a market capitalization of $70.04 million, a price-to-earnings ratio of -0.31 and a beta of -0.61. The company has a debt-to-equity ratio of 2.96, a quick ratio of 2.19 and a current ratio of 2.20. The stock’s 50-day simple moving average is $1.04 and its 200-day simple moving average is $2.70.

Upexi (NASDAQ:UPXI) last issued its quarterly earnings results on Tuesday, February 10th. The company reported ($2.94) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($2.86). The business had revenue of $10.96 million for the quarter, compared to analysts’ expectations of $9.42 million. Upexi had a negative return on equity of 41.47% and a negative net margin of 496.86%.

Upexi Profile

Upexi (NASDAQ: UPXI) is a full-service digital consultancy that partners with brands to design, develop, and deploy digital products and marketing strategies. The company’s expertise spans user experience and interface design, custom software engineering, and data-driven marketing services. By integrating research, creative design, and technical execution, Upexi helps clients accelerate product development cycles and optimize their digital presence.

The firm serves a diverse, global clientele across sectors such as e-commerce, software-as-a-service (SaaS), healthcare, and finance.