Arcadia BiosciencesRKDA
About: Arcadia Biosciences Inc is a producer and marketer of plant-based food and beverage products. It is engaged in science-based approaches to developing high-value crop improvements in wheat, soy, and hemp, designed to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health, and wellness products, and their viability for industrial applications. The company's consumer brands in the food, beverage, and body care categories include GoodWheat high-fiber pasta, Zola coconut water and others.
Employees: 21
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
5.2% less ownership
Funds ownership: 7.31% [Q1] → 2.11% (-5.2%) [Q2]
21% less funds holding
Funds holding: 14 [Q1] → 11 (-3) [Q2]
49% less capital invested
Capital invested by funds: $179K [Q1] → $90.4K (-$88.4K) [Q2]
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Raghuram Selvaraju 43% 1-year accuracy 112 / 258 met price target | 89%upside $6 | Buy Reiterated | 21 Aug 2024 |