5E Advanced Materials (NASDAQ:FEAM) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of 5E Advanced Materials (NASDAQ:FEAM) from a hold rating to a sell rating in a research note published on Saturday morning.

Several other research firms also recently commented on FEAM. HC Wainwright reissued a “buy” rating and set a $9.25 target price on shares of 5E Advanced Materials in a research report on Friday, November 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of 5E Advanced Materials in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $8.13.

5E Advanced Materials Trading Up 2.3%

NASDAQ FEAM opened at $2.21 on Friday. The company has a market cap of $51.96 million, a P/E ratio of -0.31 and a beta of 1.62. The company has a fifty day simple moving average of $3.20 and a 200 day simple moving average of $3.90. 5E Advanced Materials has a 12-month low of $2.00 and a 12-month high of $8.32.

Insider Activity at 5E Advanced Materials

In related news, Director Bep Special Situations Iv Llc purchased 4,000,000 shares of 5E Advanced Materials stock in a transaction that occurred on Monday, February 2nd. The stock was bought at an average price of $2.00 per share, for a total transaction of $8,000,000.00. Following the completion of the transaction, the director owned 12,130,997 shares in the company, valued at $24,261,994. This represents a 49.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.21% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FEAM. State Street Corp purchased a new stake in shares of 5E Advanced Materials during the 4th quarter worth approximately $37,000. Summit Financial Strategies Inc. bought a new position in 5E Advanced Materials during the fourth quarter valued at $37,000. Woodward Diversified Capital LLC purchased a new stake in 5E Advanced Materials in the third quarter worth $49,000. Goldman Sachs Group Inc. bought a new stake in shares of 5E Advanced Materials in the fourth quarter valued at $69,000. Finally, LeClair Wealth Partners LLC raised its stake in shares of 5E Advanced Materials by 20.0% in the fourth quarter. LeClair Wealth Partners LLC now owns 30,000 shares of the company’s stock valued at $92,000 after buying an additional 4,990 shares during the period.

About 5E Advanced Materials

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.