Greenhouse Funds LLLP lessened its stake in Jamba, Inc. (NASDAQ:JMBA) by 6.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 484,591 shares of the restaurant operator’s stock after selling 35,594 shares during the period. Jamba accounts for approximately 1.1% of Greenhouse Funds LLLP’s investment portfolio, making the stock its 23rd largest holding. Greenhouse Funds LLLP’s holdings in Jamba were worth $3,906,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of JMBA. Vanguard Group Inc. grew its stake in shares of Jamba by 2.0% during the second quarter. Vanguard Group Inc. now owns 802,386 shares of the restaurant operator’s stock worth $6,251,000 after acquiring an additional 15,563 shares during the last quarter. California Public Employees Retirement System grew its stake in shares of Jamba by 28.9% during the second quarter. California Public Employees Retirement System now owns 66,823 shares of the restaurant operator’s stock worth $521,000 after acquiring an additional 15,000 shares during the last quarter. Boothbay Fund Management LLC grew its stake in shares of Jamba by 61.2% during the third quarter. Boothbay Fund Management LLC now owns 27,460 shares of the restaurant operator’s stock worth $237,000 after acquiring an additional 10,430 shares during the last quarter. Royce & Associates LP grew its stake in shares of Jamba by 6.8% during the fourth quarter. Royce & Associates LP now owns 470,025 shares of the restaurant operator’s stock worth $3,788,000 after acquiring an additional 30,000 shares during the last quarter. Finally, Kennedy Capital Management Inc. grew its stake in shares of Jamba by 345.8% during the fourth quarter. Kennedy Capital Management Inc. now owns 268,860 shares of the restaurant operator’s stock worth $2,167,000 after acquiring an additional 208,548 shares during the last quarter. Institutional investors and hedge funds own 90.59% of the company’s stock.
Separately, ValuEngine upgraded Jamba from a “hold” rating to a “buy” rating in a research note on Friday, December 1st.
Shares of Jamba, Inc. (NASDAQ:JMBA) opened at $9.24 on Wednesday. Jamba, Inc. has a 52 week low of $6.71 and a 52 week high of $10.44. The firm has a market capitalization of $139.51, a PE ratio of -6.19 and a beta of -0.09.
Jamba (NASDAQ:JMBA) last issued its quarterly earnings results on Monday, February 12th. The restaurant operator reported ($0.99) earnings per share for the quarter. The firm had revenue of $17.27 million during the quarter.
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Jamba, Inc is a restaurant retailer of specialty food and beverage offerings. The Company operates through retail segment. The Company’s offerings include whole fruit smoothies, squeezed juices and juice blends, Energy Bowls, and a range of food items including, hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads, baked goods and snacks.
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