Morgan Stanley raised its stake in TerraVia Holdings, Inc. (NASDAQ:TVIA) by 18.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,887,742 shares of the specialty chemicals company’s stock after buying an additional 1,219,446 shares during the period. Morgan Stanley owned 7.97% of TerraVia Holdings worth $5,715,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Nationwide Fund Advisors increased its stake in TerraVia Holdings by 249.7% in the first quarter. Nationwide Fund Advisors now owns 181,445 shares of the specialty chemicals company’s stock valued at $131,000 after buying an additional 129,565 shares during the period. Norges Bank purchased a new stake in TerraVia Holdings during the fourth quarter valued at $187,000. Bank of New York Mellon Corp increased its stake in TerraVia Holdings by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 322,897 shares of the specialty chemicals company’s stock valued at $234,000 after buying an additional 1,856 shares during the last quarter. KBC Group NV increased its stake in TerraVia Holdings by 53.4% in the first quarter. KBC Group NV now owns 614,300 shares of the specialty chemicals company’s stock valued at $445,000 after buying an additional 213,897 shares during the last quarter. Finally, State Street Corp increased its stake in TerraVia Holdings by 3.3% in the fourth quarter. State Street Corp now owns 1,326,339 shares of the specialty chemicals company’s stock valued at $1,528,000 after buying an additional 42,661 shares during the last quarter. Institutional investors and hedge funds own 43.43% of the company’s stock.

TerraVia Holdings, Inc. (TVIA) traded up 0.0000% during trading on Friday, reaching $0.0399. The company’s stock had a trading volume of 24,877,725 shares. The stock has a 50 day moving average price of $0.19 and a 200 day moving average price of $0.51. The stock’s market capitalization is $4.32 million. TerraVia Holdings, Inc. has a 1-year low of $0.04 and a 1-year high of $2.98.

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Several analysts recently weighed in on TVIA shares. ValuEngine downgraded TerraVia Holdings from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. Zacks Investment Research lowered TerraVia Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, June 14th.

TerraVia Holdings Company Profile

Solazyme, Inc creates renewable oils and bioproducts. The Company’s technology uses microalgae in an industrial fermentation process to transform a range of plant-based sugars into triglyceride oils and other bioproducts. The Company offers Algenist, a skin and personal care product available at Sephora SA and its affiliates, QVC, Inc, SpaceNK Limited, select Nordstrom stores and ULTA Beauty.

Institutional Ownership by Quarter for TerraVia Holdings (NASDAQ:TVIA)

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