Awm Investment Company INC Has Boosted Reed’s INC (REED) Position by $4.20 Million as Valuation Rose

Reed's, Inc. (NASDAQ:REED) Logo

Awm Investment Company Inc increased its stake in Reed’s Inc. (REED) by 259.51% based on its latest 2019Q1 regulatory filing with the SEC. Awm Investment Company Inc bought 2.10 million shares as the company’s stock rose 42.75% with the market. The institutional investor held 2.91 million shares of the consumer non-durables company at the end of 2019Q1, valued at $8.41M, up from 809,202 at the end of the previous reported quarter. Awm Investment Company Inc who had been investing in Reed’s Inc. for a number of months, seems to be bullish on the $113.77 million market cap company. The stock increased 0.60% or $0.02 during the last trading session, reaching $3.38. About 49,192 shares traded. Reed's, Inc. (NYSEMKT:REED) has risen 47.69% since July 14, 2018 and is uptrending. It has outperformed by 43.26% the S&P500.

Awm Investment Company Inc, which manages about $1.06 billion and $508.09 million US Long portfolio, decreased its stake in Biofrontera Ag (Germany) by 2.16 million shares to 7.43M shares, valued at $23.35M in 2019Q1, according to the filing. It also reduced its holding in Maxwell Technologies Inc. (NASDAQ:MXWL) by 2.50 million shares in the quarter, leaving it with 380,878 shares, and cut its stake in American Superconductor Corp.

More notable recent Reed's, Inc. (NASDAQ:REED) news were published by: Globenewswire.com which released: “Reed’s, Inc. Announces First Quarter 2019 Financial Results – GlobeNewswire” on May 14, 2019, also Globenewswire.com with their article: “OMCL INVESTIGATION REMINDER: Hagens Berman Reminds Omnicell (OMCL) Investors of the Firm’s Ongoing Investigation of Possible Disclosure Violations – GlobeNewswire” published on July 13, 2019, Globenewswire.com published: “INVESTIGATION REMINDER for VRNT, PETQ, CTSH and PT: Hagens Berman Reminds Investors of Ongoing Investigations – GlobeNewswire” on July 09, 2019. More interesting news about Reed's, Inc. (NASDAQ:REED) were released by: Nasdaq.com and their article: “Investors Beware: The Office is Part of a Larger Netflix Binge-Watching Problem – Nasdaq” published on June 27, 2019 as well as Nasdaq.com‘s news article titled: “Validea’s Top Five Financial Stocks Based On Benjamin Graham – 7/8/2019 – Nasdaq” with publication date: July 08, 2019.

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