85,000 Shares in Sow Good Inc. (NASDAQ:SOWG) Purchased by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc acquired a new position in shares of Sow Good Inc. (NASDAQ:SOWG) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 85,000 shares of the company’s stock, valued at approximately $173,000. Texas Capital Bank Wealth Management Services Inc owned about 0.83% of Sow Good as of its most recent SEC filing.

Separately, Virtu Financial LLC bought a new stake in shares of Sow Good in the 4th quarter worth about $35,000. 10.74% of the stock is currently owned by hedge funds and other institutional investors.

Sow Good Stock Performance

Shares of SOWG stock opened at $0.54 on Friday. The stock has a market capitalization of $6.17 million, a price-to-earnings ratio of 2.17 and a beta of 1.80. Sow Good Inc. has a one year low of $0.53 and a one year high of $24.83. The company’s 50-day simple moving average is $2.03 and its 200-day simple moving average is $4.47.

Sow Good (NASDAQ:SOWG) last posted its earnings results on Friday, March 21st. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.19). Sow Good had a net margin of 4.47% and a return on equity of 8.15%. The company had revenue of $1.38 million for the quarter, compared to the consensus estimate of $4.80 million. As a group, research analysts forecast that Sow Good Inc. will post -0.18 EPS for the current year.

About Sow Good

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.