AgrifyAGFY
AGFY
About: Agrify Corp is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market. Its proprietary micro-environment-controlled Agrify Vertical Farming Units (VFUs) enable cultivators to produce high-quality products The products offered by the company include Integrated Grow Racks, LED Grow Lights, Hydroponics, and Vertical Farming Units.
Employees: 141
0
Funds holding %
of 6,794 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2.17% less ownership
Funds ownership: 3.32% [Q2] → 1.15% (-2.17%) [Q3]
23% less funds holding
Funds holding: 22 [Q2] → 17 (-5) [Q3]
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
75% less capital invested
Capital invested by funds: $210K [Q2] → $51.8K (-$158K) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for AGFY.
Financial journalist opinion
Based on 4 articles about AGFY published over the past 30 days
Neutral
Market Watch
1 week ago
Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks
With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived from hemp as a way to potentially excite Wall Street with new revenue streams.
Neutral
GlobeNewsWire
2 weeks ago
Agrify Announces $25.9 Million Non-Brokered Private Placement
TROY, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced the Company has entered into securities purchase agreements with institutional and accredited investors in a non-brokered private placement priced at $22.30 per share for aggregate proceeds of approximately $25.9 million.
Neutral
GlobeNewsWire
3 weeks ago
Agrify Corporation Announces Results for Third Quarter 2024
TROY, Mich., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced financial results for the quarter ended September 30, 2024.
Positive
MarijuanaStocks
4 weeks ago
Best Ancillary Cannabis Stocks Positioned for Growth Amid Market Pullback
As the US cannabis industry continues to grow, investor interest remains high. The market, valued at over $13 billion in 2023, is projected to exceed $30 billion by 2025. Despite this positive outlook, recent setbacks have caused a decline in cannabis stocks. One significant blow was Florida's failure to pass Amendment 3, which would have expanded legalization in a crucial state market. This decision has added volatility to the sector. Even so, there is ongoing optimism fueled by pending federal legislation. Any progress on these bills could create fresh momentum for cannabis stocks, underscoring the sector's potential for long-term growth.
Positive
MarijuanaStocks
1 month ago
Top Marijuana Penny Stocks to Watch Next Week for Potential Gains
As the cannabis industry continues to grow, marijuana stocks have gained significant attention from investors. In 2023, the U.S. cannabis market generated over $32 billion in sales, and projections suggest it could reach $50 billion by 2028. With ongoing legalization efforts, the industry is poised for further expansion. Recent headlines, including the possibility of federal legalization, have fueled interest in marijuana stocks. These developments have driven volatility in penny stocks, which can offer high returns. However, due to their low prices, they also come with higher risk, making proper strategy essential.
Neutral
GlobeNewsWire
3 months ago
Agrify Corporation Announces Results for Second Quarter 2024 and Amended Results for First Quarter 2024
TROY, Mich., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the second quarter ended June 30, 2024.
Neutral
GlobeNewsWire
4 months ago
Agrify Reminds Stockholders to Vote Before the Proxy Voting Deadline for the Upcoming Annual Meeting of Stockholders
BILLERICA, Mass., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation and extraction solutions for the cannabis industry, would like to remind stockholders to cast their votes for the proposals that will be voted on at the Company's annual meeting of stockholders (the "Meeting") in advance of the proxy voting deadline for voting by telephone or electronically of 11:59 p.m.
Positive
InvestorPlace
4 months ago
3 Vertical Farming Stocks Growing Profits Indoors
Vertical farming is a hot topic with significant productivity-based advantages. In fact, the industry is forecasted to grow by 24.1% annually until 2031, illustrating its potential.
Positive
MarijuanaStocks
5 months ago
Top Ancillary Cannabis Stocks Poised for Growth in July 2024
Investing in the cannabis industry and top marijuana stocks has become increasingly popular, especially with the U.S. market's rapid expansion. Ancillary stocks, which support the cannabis sector without directly handling the plant, are gaining traction. As of 2023, the U.S. cannabis market was valued at $30 billion, with projections estimating it will reach $45 billion by 2026. Recent headlines have highlighted significant moves toward federal legalization, creating more optimism. For instance, the Cannabis Administration and Opportunity Act has been reintroduced in Congress, aiming to decriminalize cannabis at the federal level. These developments underscore the importance of closely monitoring ancillary stocks.
Neutral
PennyStocks
5 months ago
How an Election Impacts Penny Stocks
Elections can significantly influence financial markets, including the domain of penny stocks. Penny stocks, often traded below five dollars per share, present a unique opportunity for investors aiming for substantial gains through small initial investments.
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