
Millennium Management LLC acquired a new position in shares of Beam Global in the 4th quarter valued at approximately $2,396,000. now owns 1,563,870 shares of the company’s stock valued at $42,803,000 after buying an additional 215,739 shares in the last quarter. raised its position in shares of Beam Global by 16.0% in the 3rd quarter. Several large investors have recently modified their holdings of BEEM. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Following the completion of the sale, the chief executive officer now owns 74,422 shares in the company, valued at approximately $1,661,843.26. The shares were sold at an average price of $22.33, for a total value of $33,495.00. Wheatley sold 1,500 shares of Beam Global stock in a transaction dated Monday, April 4th. In other Beam Global news, CEO Desmond C. On average, analysts forecast that Beam Global will post -0.66 EPS for the current year. Beam Global had a negative return on equity of 25.18% and a negative net margin of 66.88%. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.06). No cash balance or cash flow is included in the calculation.Beam Global ( NASDAQ:BEEM – Get Rating) last announced its quarterly earnings data on Tuesday, May 24th. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only.



No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
