Dynamic Technology Lab Private Ltd Invests $304,000 in Barnes & Noble Education, Inc $BNED

Dynamic Technology Lab Private Ltd bought a new stake in shares of Barnes & Noble Education, Inc (NYSE:BNED) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 25,790 shares of the specialty retailer’s stock, valued at approximately $304,000. Dynamic Technology Lab Private Ltd owned about 0.08% of Barnes & Noble Education at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of BNED. Immersion Corp grew its position in Barnes & Noble Education by 1.8% during the first quarter. Immersion Corp now owns 11,208,746 shares of the specialty retailer’s stock worth $117,692,000 after buying an additional 202,044 shares in the last quarter. Kanen Wealth Management LLC lifted its position in shares of Barnes & Noble Education by 30.6% in the 1st quarter. Kanen Wealth Management LLC now owns 3,090,043 shares of the specialty retailer’s stock worth $32,445,000 after acquiring an additional 724,683 shares during the period. 683 Capital Management LLC grew its holdings in shares of Barnes & Noble Education by 47.1% during the 1st quarter. 683 Capital Management LLC now owns 515,000 shares of the specialty retailer’s stock worth $5,408,000 after purchasing an additional 165,000 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Barnes & Noble Education by 123.2% during the second quarter. Geode Capital Management LLC now owns 402,109 shares of the specialty retailer’s stock valued at $4,734,000 after purchasing an additional 221,936 shares during the period. Finally, DCF Advisers LLC raised its stake in shares of Barnes & Noble Education by 16.9% in the first quarter. DCF Advisers LLC now owns 205,443 shares of the specialty retailer’s stock valued at $2,157,000 after purchasing an additional 29,730 shares in the last quarter. 38.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Barnes & Noble Education in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Barnes & Noble Education has a consensus rating of “Sell”.

Barnes & Noble Education Trading Up 36.3%

Shares of BNED opened at $9.12 on Wednesday. The stock has a market cap of $310.43 million, a PE ratio of -0.59 and a beta of 1.78. Barnes & Noble Education, Inc has a 1 year low of $5.90 and a 1 year high of $14.40. The stock has a 50 day simple moving average of $8.83 and a 200-day simple moving average of $9.68.

About Barnes & Noble Education

Barnes and Noble Education, Inc engages in the management and operation of bookstore chains in universities. It operates through the Retail and Wholesale segments. The Retail segment operates college, university, and K-12 school bookstores, physical bookstores, and virtual bookstores. The Wholesale segment sells and distributes new and used textbooks to physical bookstores.