Biote CorpBTMD
Market Cap: 242M
About: Biote Corp operates a growth practice-building business within the hormone optimization space. It provides the necessary components to enable Biote-certified practitioners to establish, build, and successfully implement a program designed to optimize hormone levels using personalized solutions for their patient populations.
Employees: 194
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
11% more capital invested
Capital invested by funds: $62.7M [Q4 2023] → $69.5M (+$6.74M) [Q1 2024]
0% more funds holding
Funds holding: 54 [Q4 2023] → 54 (+0) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
3.87% less ownership
Funds ownership: 37.41% [Q4 2023] → 33.53% (-3.87%) [Q1 2024]
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Roth MKM George Kelly | 13%upside $9 | Buy Reiterated | 13 Mar 2024 |
B. Riley Securities Jeff Van Sinderen | 13%upside $9 | Buy Initiated | 20 Feb 2024 |
Jefferies Kaumil Gajrawala | 18%downside $6.55 | Buy Initiated | 1 Feb 2024 |
Financial journalist opinion
Based on 6 articles about BTMD published over the past 30 days