Birks Group (NYSEAMERICAN:BGI) Coverage Initiated by Analysts at StockNews.com

Posted by Alanna Baker on Jul 27th, 2024

Investment analysts at StockNews.com began coverage on shares of Birks Group (NYSEAMERICAN:BGI – Get Free Report) in a research note issued on Thursday. The firm set a “sell” rating on the stock.

Birks Group Stock Performance

NYSEAMERICAN BGI opened at $2.53 on Thursday. Birks Group has a 1-year low of $2.07 and a 1-year high of $5.24.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Birks Group stock. Ingalls & Snyder LLC grew its position in Birks Group Inc. (NYSEAMERICAN:BGI – Free Report) by 70.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,000 shares of the company’s stock after buying an additional 7,000 shares during the quarter. Ingalls & Snyder LLC owned 0.09% of Birks Group worth $80,000 at the end of the most recent quarter. 0.22% of the stock is owned by institutional investors.

About Birks Group

(Get Free Report)

Birks Group Inc designs, develops, manufactures, and retails fine jewelry, timepieces, sterling and plated silverware, and gifts in the United States and Canada. The company operates through two segments, Retail and Other. It offers various merchandise, including designer jewelry, diamonds, gemstone and precious metal jewelry, rings, wedding bands, earrings, bracelets, necklaces, precious gemstones, gold jewelry, and pearls.