Transform Wealth LLC Takes Position in SNDL Inc. (NASDAQ:SNDL)

Transform Wealth LLC bought a new position in shares of SNDL Inc. (NASDAQ:SNDL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 48,806 shares of the company’s stock, valued at approximately $87,000.

Other hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in shares of SNDL during the 3rd quarter valued at about $33,000. RMR Capital Management LLC purchased a new stake in SNDL in the third quarter valued at approximately $103,000. Vontobel Holding Ltd. grew its holdings in SNDL by 38.7% in the third quarter. Vontobel Holding Ltd. now owns 159,914 shares of the company’s stock valued at $329,000 after purchasing an additional 44,579 shares during the period. State Street Corp increased its position in SNDL by 1.5% during the third quarter. State Street Corp now owns 353,107 shares of the company’s stock worth $727,000 after purchasing an additional 5,246 shares during the last quarter. Finally, Millennium Management LLC raised its stake in SNDL by 138.7% during the second quarter. Millennium Management LLC now owns 2,080,069 shares of the company’s stock worth $3,952,000 after purchasing an additional 1,208,556 shares during the period.

SNDL Stock Down 1.1 %

Shares of NASDAQ SNDL opened at $1.76 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 5.61 and a quick ratio of 4.16. The firm has a fifty day moving average of $1.87 and a 200-day moving average of $2.01. SNDL Inc. has a 52-week low of $1.30 and a 52-week high of $2.93.

About SNDL

SNDL Inc engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores.