MANCHESTER UNITED ($MANU) reported quarterly earnings on June 6, posting a loss of -$0.03 per share, surpassing estimates of -$0.22 by $0.19. However, the company recorded revenue of $149,221,677, falling short of estimates of $162,312,600 by $13,090,923.
Hedge Fund Activity
In the most recent quarter, 50 institutional investors added shares of MANCHESTER UNITED to their portfolios, while 57 decreased their positions. Notable changes include INFINITUM ASSET MANAGEMENT, LLC adding 4,473,300 shares (+1209.0%) for about $58,555,497, while SENVEST MANAGEMENT, LLC removed 1,488,989 shares (-100.0%) valued at approximately $19,490,866.
Analyst Ratings
As of recent months, Wall Street analysts have predominantly favored the stock, with 1 firm issuing a buy rating and none issuing a sell rating. UBS issued a “Buy” rating on December 17, 2024.
