RS Crum Inc. Acquires New Position in Lilium (NASDAQ:LILM)

RS Crum Inc. bought a new position in shares of Lilium (NASDAQ:LILM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 412,165 shares of the company’s stock, valued at approximately $328,000. RS Crum Inc. owned 0.07% of Lilium as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Longitude Cayman Ltd. boosted its position in shares of Lilium by 4.7% in the 4th quarter. Longitude Cayman Ltd. now owns 1,120,000 shares of the company’s stock worth $1,322,000 after purchasing an additional 50,000 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of Lilium during the 4th quarter worth about $280,000. Freestone Capital Holdings LLC bought a new stake in shares of Lilium in the 1st quarter valued at about $55,000. Virtu Financial LLC acquired a new stake in shares of Lilium in the 1st quarter valued at approximately $32,000. Finally, Financial Designs Corp bought a new position in Lilium during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 8.30% of the company’s stock.

Lilium Trading Up 2.6 %

Shares of LILM opened at $0.78 on Friday. The stock has a 50 day simple moving average of $0.81 and a 200 day simple moving average of $0.89. Lilium has a 52-week low of $0.60 and a 52-week high of $1.41.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $2.00 target price on shares of Lilium in a research note on Monday. Canaccord Genuity Group reaffirmed a “buy” rating and set a $2.00 price objective on shares of Lilium in a research note on Thursday, June 27th.

Lilium Company Profile

Lilium N.V. engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. It also provides aircraft manufacturer services, including training services, maintenance operations, material management and global distribution, flight operations support, ground service equipment, and digital solutions.