Solid Power, Inc. (NASDAQ:SLDP – Get Free Report) CTO Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $1.66, for a total transaction of $311,250.00. Following the sale, the chief technology officer now owns 683,057 shares of the company’s stock, valued at $1,133,874.62. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Joshua Buettner-Garrett also recently made the following trade(s):
- On Friday, June 14th, Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock. The shares were sold at an average price of $1.66, for a total transaction of $311,250.00.
- On Tuesday, May 21st, Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock. The shares were sold at an average price of $1.68, for a total transaction of $315,000.00.
Solid Power Price Performance
Shares of NASDAQ:SLDP traded up $0.04 during trading on Wednesday, reaching $1.75. 1,269,906 shares of the company’s stock traded hands, compared to its average volume of 2,770,273. Solid Power, Inc. has a 12 month low of $1.10 and a 12 month high of $3.20. The company has a 50 day moving average of $1.72 and a 200-day moving average of $1.62. The stock has a market capitalization of $309.84 million, a P/E ratio of -4.50 and a beta of 1.76.
Institutional Trading of Solid Power
A number of institutional investors have recently made changes to their positions in SLDP. Gainplan LLC acquired a new stake in shares of Solid Power in the 1st quarter worth approximately $25,000. Norden Group LLC purchased a new stake in shares of Solid Power in the 1st quarter valued at approximately $29,000. Brave Asset Management Inc. lifted its position in shares of Solid Power by 90.9% in the 4th quarter. Brave Asset Management Inc. now owns 21,000 shares of the company’s stock valued at $30,000 after acquiring an additional 10,000 shares in the last quarter. SG Americas Securities LLC acquired a new position in Solid Power in the 1st quarter valued at approximately $31,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in Solid Power in the 4th quarter valued at approximately $37,000. 33.66% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $3.00 price target on shares of Solid Power in a research report on Wednesday, May 8th. Chardan Capital reaffirmed a “buy” rating and issued a $5.00 target price on shares of Solid Power in a research note on Wednesday, May 8th.
View Our Latest Stock Report on SLDP
About Solid Power
Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.
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