Insider Selling: Complete Solaria, Inc. (NASDAQ:CSLR) Director Sells $160,000.00 in Stock

Complete Solaria, Inc. (NASDAQ:CSLR) Director Adam Gishen sold 100,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was 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 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 filing with the Securities & Exchange Commission, which is available through the SEC website.

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

Shares of CSLR stock opened at $1.54 on Friday. Complete Solaria, Inc. has a 12 month low of $0.20 and a 12 month high of $3.37. The firm has a fifty day moving average price of $1.99 and a 200 day moving average price of $1.86.

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

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