SG Americas Securities LLC Lowers Stock Holdings in Krispy Kreme, Inc. $DNUT

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SG Americas Securities LLC significantly reduced its stake in Krispy Kreme (NASDAQ:DNUT) by 40.3% in the fourth quarter, selling 483,618 shares. Despite beating quarterly EPS estimates, Krispy Kreme remains unprofitable with a negative net margin and a year-over-year revenue decline of 2.9%. The stock currently trades around $3.40, with institutional investors owning over 81% of shares, and analysts maintain a consensus “Hold” rating with a $4.85 price target.

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