Adam Gishen Sells 100,000 Shares of Complete Solaria, Inc. (NASDAQ:CSLR) Stock

Complete Solaria, Inc. (NASDAQ:CSLR) Director Adam Gishen sold 100,000 shares of Complete Solaria stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $1.60, for a total transaction of $160,000.00. Following the transaction, the director now owns 167,742 shares of the company’s stock, valued at $268,387.20. The trade was a 37.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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 opened at $1.54 on Friday. The firm has a 50-day simple moving average of $2.01 and a two-hundred day simple moving average of $1.86. Complete Solaria, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $3.37.

Institutional Investors Weigh In On Complete Solaria

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

Analysts Set New Price Targets

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

About Complete Solaria

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.