116,829 Shares in The Beachbody Company, Inc. (NYSE:BODI) Acquired by MSA Advisors LLC

MSA Advisors LLC purchased a new position in shares of The Beachbody Company, Inc. (NYSE:BODI) in the 3rd quarter, Holdings Channel reports. The firm purchased 116,829 shares of the company’s stock, valued at approximately $668,000. Beachbody comprises approximately 0.2% of MSA Advisors LLC’s portfolio, making the stock its 19th largest holding.

Separately, Mill Creek Capital Advisors LLC purchased a new stake in shares of Beachbody during the 3rd quarter worth $186,000. 74.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reaffirmed a “buy” rating and set a $12.00 price target on shares of Beachbody in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.00.

Beachbody Stock Up 0.8 %

NYSE BODI opened at $6.16 on Monday. The firm’s fifty day moving average price is $6.39 and its 200 day moving average price is $7.38. The Beachbody Company, Inc. has a 12 month low of $5.14 and a 12 month high of $13.45. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 0.17.

Beachbody Profile

The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.