Carlyle Group Inc. Makes New Investment in CSLM Acquisition Corp. $SPWR

Carlyle Group Inc. purchased a new stake in CSLM Acquisition Corp. (NASDAQ:SPWR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,343,750 shares of the company’s stock, valued at approximately $1,611,000. CSLM Acquisition makes up about 0.0% of Carlyle Group Inc.’s portfolio, making the stock its 8th largest holding.

Separately, Yorkville Advisors Global LP purchased a new position in shares of CSLM Acquisition during the second quarter worth about $378,537,000. 47.36% of the stock is currently owned by hedge funds and other institutional investors.

CSLM Acquisition Stock Down 1.3%

SPWR opened at $0.22 on Tuesday. The business’s fifty day simple moving average is $0.54 and its 200 day simple moving average is $1.00. CSLM Acquisition Corp. has a 52 week low of $0.21 and a 52 week high of $2.27. The stock has a market cap of $46.95 million, a PE ratio of -0.46 and a beta of 0.71.

Analysts Set New Price Targets

SPWR has been the topic of several research analyst reports. Wall Street Zen upgraded shares of CSLM Acquisition from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings reiterated a “sell (e+)” rating on shares of CSLM Acquisition in a research report on Friday, July 24th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $5.40.

CSLM Acquisition Profile

Complete Solaria, Inc engages in the provision of solar services. It offers sales enablement, project management, partner coordination, and customer communication. The company is headquartered in San Ramon, CA and does business as SunPower Corporation.