Adam Gishen Sells 70,000 Shares of Complete Solaria, Inc. (NASDAQ:CSLR) Stock

Complete Solaria, Inc. (NASDAQ:CSLR) Director Adam Gishen sold 70,000 shares of Complete Solaria stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $2.64, for a total transaction of $184,800.00. Following the transaction, the director now directly owns 267,742 shares in the company, valued at approximately $706,838.88. This represents a 20.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, December 17th, Adam Gishen sold 100,000 shares of Complete Solaria stock. The stock was sold at an average price of $1.60, for a total value of $160,000.00.

Complete Solaria Trading Up 2.0 %

Shares of CSLR opened at $1.54 on Friday. The stock has a 50 day simple moving average of $2.01 and a 200 day simple moving average of $1.86. Complete Solaria, Inc. has a 52-week low of $0.20 and a 52-week high of $3.37.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC bought a new stake in shares of Complete Solaria during the third quarter worth $51,000. Quadrature Capital Ltd acquired a new position in Complete Solaria in the 3rd quarter worth $81,000. XTX Topco Ltd bought a new position in Complete Solaria during the 3rd quarter worth about $129,000. Finally, State Street Corp increased its holdings 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 purchasing an additional 39,000 shares in the last quarter. Institutional investors and hedge funds 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.