Barnes & Noble Education Inc (BNED) reported third-quarter fiscal 2026 results with revenue growth but pressure on profitability and cash flow.
Cash flow and capital spending highlighted some operational strain: the company used cash in operating activities of $(29.8) million, a 28.9% decline versus the prior year, while purchases of property and equipment rose to $3.7 million (up 34.6% YoY).
In summary, BNED delivered top-line growth but saw margins and operating profit compress, alongside negative operating cash flow, while maintaining modest increases in cash and higher capital spending.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Barnes & Noble Education Inc Hedge Fund Activity
We have seen 35 institutional investors add shares of Barnes & Noble Education Inc stock to their portfolio, and 51 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GREENHAVEN ROAD INVESTMENT MANAGEMENT, L.P. removed 984,162 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $9,792,411
- PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. added 573,992 shares (+186.5%) to their portfolio in Q4 2025, for an estimated $5,274,986
- GOLDMAN SACHS GROUP INC added 333,567 shares (+190.2%) to their portfolio in Q4 2025, for an estimated $3,065,480
- KANEN WEALTH MANAGEMENT LLC added 312,054 shares (+10.1%) to their portfolio in Q4 2025, for an estimated $2,867,776
- MARSHALL WACE, LLP removed 261,655 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $2,603,467
- MORGAN STANLEY added 125,575 shares (+12.8%) to their portfolio in Q4 2025, for an estimated $1,154,034
- CAPTION MANAGEMENT, LLC added 104,066 shares (+127.2%) to their portfolio in Q4 2025, for an estimated $956,366
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
