Truxt Investmentos Ltda. Lowers Stake in Waldencast plc (NASDAQ:WALDW)

Truxt Investmentos Ltda. lessened its stake in Waldencast plc (NASDAQ:WALDW) by 85.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 51,000 shares of the company’s stock after selling 309,905 shares during the quarter. Waldencast makes up approximately 0.0% of Truxt Investmentos Ltda.’s portfolio, making the stock its 8th biggest holding. Truxt Investmentos Ltda.’s holdings in Waldencast were worth $49,000 at the end of the most recent reporting period.

Separately, Wolverine Asset Management LLC raised its holdings in Waldencast by 224.8% during the 4th quarter. Wolverine Asset Management LLC now owns 31,946 shares of the company’s stock valued at $31,000 after acquiring an additional 22,109 shares during the period.

Waldencast Price Performance

Shares of WALDW stock opened at $0.45 on Friday. The company’s fifty day simple moving average is $0.56 and its two-hundred day simple moving average is $0.67. Waldencast plc has a 1 year low of $0.29 and a 1 year high of $1.24.

Waldencast Profile

Waldencast plc operates in the beauty and wellness business. The company engages in developing, acquiring, accelerating, and scaling various brands. It provides cosmetic, over-the-counter, and prescription products under the Obagi Medical, Obagi Clinical, and Obagi Professional brands; and a Skintrinsiq device for use in facial treatments that is used by physicians' offices, spas, and aestheticians.