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

Complete Solaria, Inc. (NASDAQ:CSLR) Director Adam Gishen sold 100,000 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $1.60, for a total value of $160,000.00. Following the transaction, the director now directly owns 167,742 shares in the company, valued at $268,387.20. The trade was a 37.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through 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 stock was sold at an average price of $2.64, for a total value of $184,800.00.

Complete Solaria Stock Performance

Shares of CSLR traded up $0.03 during mid-day trading on Thursday, hitting $1.54. 370,175 shares of the company’s stock were exchanged, compared to its average volume of 1,241,459. The firm has a fifty day moving average of $2.02 and a two-hundred day moving average of $1.86. Complete Solaria, Inc. has a twelve month low of $0.20 and a twelve month high of $3.37.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp lifted its position in Complete Solaria by 57.7% during the 3rd quarter. State Street Corp now owns 106,600 shares of the company’s stock worth $300,000 after acquiring an additional 39,000 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Complete Solaria in the third quarter worth about $129,000. Quadrature Capital Ltd acquired a new position in shares of Complete Solaria during the 3rd quarter worth about $81,000. Finally, Jane Street Group LLC acquired a new position in shares of Complete Solaria during the third quarter worth approximately $51,000. 30.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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