TraegerCOOK
Market Cap: 320M
About: Traeger Inc designs, sources, sells, and supports wood pellet fueled barbeque grills sold to retailers, distributors, and direct to consumers. It produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, and sauces, as well as grilling accessories including covers, barbeque tools, trays, liners, and merchandise. The company's geographical segments include North America and the Rest of the world, of which majority of revenue is from North America.
Employees: 641
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
101% more call options, than puts
Call options by funds: $157K | Put options by funds: $78K
2.19% less ownership
Funds ownership: 37.81% [Q4 2023] → 35.61% (-2.19%) [Q1 2024]
10% less funds holding
Funds holding: 98 [Q4 2023] → 88 (-10) [Q1 2024]
11% less capital invested
Capital invested by funds: $130M [Q4 2023] → $115M (-$14.6M) [Q1 2024]
43% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 35
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
Research analyst outlook
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
Telsey Advisory Group Joseph Feldman | 61%upside $4 | Outperform Maintained | 9 May 2024 |
Telsey Advisory Group Joseph Feldman | 81%upside $4.5 | Outperform Maintained | 3 May 2024 |
Piper Sandler Peter Keith | 41%upside $3.5 | Neutral Maintained | 8 Mar 2024 |
Baird Peter Benedict | 1%upside $2.5 | Neutral Maintained | 8 Mar 2024 |
Telsey Advisory Group Joseph Feldman | 81%upside $4.5 | Outperform Maintained | 8 Mar 2024 |