Complete Solaria, Inc. (NASDAQ:CSLR) Director Sells $160,000.00 in Stock

Complete Solaria, Inc. (NASDAQ:CSLR) Director Adam Gishen sold 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $1.60, for a total value of $160,000.00. Following the completion of the sale, the director now owns 167,742 shares of the company’s stock, valued at $268,387.20. This represents a 37.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Adam Gishen also recently made the following trade(s):

• On Tuesday, October 1st, Adam Gishen sold 70,000 shares of Complete Solaria stock. The shares were sold at an average price of $2.64, for a total value of $184,800.00.

Complete Solaria Stock Performance

NASDAQ CSLR traded up $0.03 on Thursday, reaching $1.54. The company’s stock had a trading volume of 370,175 shares, compared to its average volume of 1,241,459. Complete Solaria, Inc. has a 52 week low of $0.20 and a 52 week high of $3.37. The business has a 50-day moving average price of $2.02 and a 200 day moving average price of $1.86.

Hedge Funds Weigh In On Complete Solaria

Several hedge funds and other institutional investors have recently modified their holdings of CSLR. XTX Topco Ltd bought a new stake in Complete Solaria in the third quarter valued at $129,000. Jane Street Group LLC acquired a new stake in shares of Complete Solaria in the 3rd quarter valued at $51,000. State Street Corp grew its holdings in shares of Complete Solaria by 57.7% in the 3rd quarter. State Street Corp now owns 106,600 shares of the company’s stock worth $300,000 after purchasing an additional 39,000 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of Complete Solaria during the 3rd quarter worth about $81,000. Institutional investors own 30.25% of the company’s stock.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald reiterated an “overweight” rating and set a $6.00 price target on shares of Complete Solaria in a research note on Thursday, November 14th.

Complete Solaria Company Profile

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.